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THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

dailytimesnigeria

External reserves gain $694m in 2 weeks

Ï CBN lifts Forex market with $698.5m

Motolani Oseni, Lagos

ÏÏÏ Against apprehension that

the continuous intervention in the foreign exchange market by the Central Bank of Nigeria (CBN) may be hurting the na-

tion’s external reserves, an investigation by The Daily Times has shown an increase of a whopping $693.704 million in just two weeks, even as $698.5 million was injected into the forex market during the same period under review. Continued on page 6

N2bn suit: Analyst sues DSS over 7-month detention

www.facebook.com/dailytimesngr

9

MONDAY, OCTOBER 9, 2017 VOL. 3. NO. 469

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: N305.65 PER DOLLAR, Parallel Market: USD N363 POUND N478 EURO N421 NSE: ASI 36,320.93 MARKET CAP 12.50 FMDQ O/N 27.00 OBB 25.83 COMMODITIES: Wheat US $443.4/MT Rice US $11.8857/MT Cocoa US $2,085.00/Bag Coffee US $130.00/Scoop Cotton US $69.47/Unit Sugar US $13.98/Ounce METALS: Gold US $1274.9/Ounce Silver US $16.734/Ounce Copper US $3.01/Ounce ENERGY: Brent US $55.62/PB, N/Gas US $2.86/CB

Shocking: Delta Govt operates without 2017 Budget Nosa Akenzua, Asaba

ÏÏÏ In

Ï Ex-PDP chieftain alleges non-passage of budget Ï Wants Buhari to compel EFCC, ICPC, DSS to probe allegations Ï Ojougboh’s lies won’t distract Gov Okowa- CPS

what can be referred to as incredible and unprecedented, a former chieftain of the Peoples Democratic Party (PDP), Dr. Cairo Ojougboh, has alleged that the Delta State Government is operating the 2017 Budget without the necessary pasContinued on page 5

SERAP sues FG, wants court to stop ex-govs from earning double pay 6 Regional cooperation: Wike rallies PDP govs, visits Enugu, Abia, Bayelsa 5 IPOB: Kanu’s kinsman asks court to order his repatriation from UK 7

Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Sharon Ikeazor (right), receiving the National President, Nigeria Association of Women Journalists, (NAWOJ), Mrs. Ifeyinwa Omowole, during the NAWOJ delegation visit to PTAD headquarters in Abuja... on Sunday.

Tambuwal hosts NDA’s best student, urges support for military 7


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