THE
DAILY
TIMES
01 Ɛ ƈ ƅƏƆ Ɔ ƆƔƐƆƏ Ƌ Ƅ ƏƏ Ɠƈ
Ï RƊ ƕ ƆƓ ƗƆƄƐ ƌ ƆƌƆ Ɛ ƐƏ ƐƆ ƕ Egena Egena, ƄƑƉ
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90
YEARS OF JOURNALISM
Henry Omunu & Emmanuel Iriogbe, ƄƑƉ
ÏÏÏThe Federal Executive Council ÏÏÏThe House of (FEC) Wednesday resolved to move
Representatives on Wednesday was sharply divided
Continued on page 6
Continued on page 6
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
Purchase of SUVs, constituency projects tear Reps apart
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THURSDAY, JUNE 16, 2016 VOL. 2. NO. 132
N150
CBN drops exchange rate peg, floats Naira Ï &Ɣƅ Ɔ Ə ƐƆ Ɛ ƄƆ ƍƑƏƆƋƕ ƌ ƏƊƆƐéƗƏƈƒƆ è M Ɠ ƑƋƗ ƍ ƏƐƈƅƈƍ ƐƆ Ɛ Ə Ƒ ƍƆƏƈ Ɨƈƅ ƈ ƐƆƏƒƆ Ɛƈ Ɛ ƄƑƕ Ə ƆƋƋ Ï ƿơ ƈƐƆƌ ƅƋ ƈƇƈƆƗ Ɛ ƒ ƋƈƗ Ƈ Ə 0 ƏƆƈ &Ɣƅ Ɔ ƏƆ ƐƈƋƋ Ɛ Ɨƌƈ ƈƄƋƆ ƈ Ɛ Ɔ 0 ƏƆƔ ƌ ƏƊƆƐ Ï RƒƆƏ j Ɔ Ƒ ƐƆƏ æRj ç 0 ƇƑƐƑƏƆ ƓƈƋƋ ƄƆ ƈ ƐƏ ƗƑƅƆƗ Ɛ ƈƇƐ ƗƆƌ Ɨ ƇƏ ƌ ƍ Ɛ Ɛ ƅƐƑ Ƌ ƐƈƌƆ ƈ ƇƑƐƑƏƆ ƆƆƗƆƗ Ï M é ƈƋ ƆƔƍ ƏƐƆƏ Ɠ ƋƋ ƓƆƗ Ƒ ƇƆƐƐƆƏƆƗ ƅƅƆ Ɛ ƆƔƍ ƏƐ ƍƏ ƅƆƆƗ ƒƈ Ɛ Ɔ ƈ ƐƆƏƄ Ɗ ƌ ƏƊƆƐ Ï dƆƋƆƅƐƆƗ 0 ^Əƈƌ Əƕ #Ɔ ƋƆƏ Ɛ ƄƆ ƐƈƇƈƆƗ Ƅƕ 0ƏƈƗ ƕè ƈ ƐƆƏéƄ Ɗ ƐƏ Ɨƈ Ƒ ƗƆƏ ƆƓ ƑƈƗƆƋƈ Ɔ ƄƆ ƈ L Ɨ ƕ
Matthew Dadiya, ƄƑƉ è Azubike Nnadozie & Motolani Oseni, G
ÏÏÏThe Central Bank of
Nigeria (CBN) has abandoned a peg of the exchange rate of the Naira that Continued on page 6
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PDP crisis: g14 ^Ə éL Ɗ ƏƇƈ ƗƆƌ ƐƏ Ɛ Ə ƅƊ d ƆƏƈƇƇ
&ƗƈƐ Əéƈ é ƈƆƇè MƆƓ Ɔ ƅƕ Ƈ Mƈ ƆƏƈ æM Mçè LƏê G Ɠ Ƌ Ɨ ì L ƈ #ƈƏƆƅƐ Ə Ƈ M Mè LƏê ƕ R Ƒ ì ƈƏƌ Ɨ ^ƑƄƋƈ ƆƏè # ƈƋƕ jƈƌƆ MƆƓ ƍ ƍƆƏ è LƏê 0ƈƗƆƋƈ ƈƊƆì 1Ə Ƒƍ 1Ɔ ƆƏ Ƌ L ƆƏè # ƈƋƕ jƈƌƆ MƆƓ ƍ ƍƆƏ è LƏê RƋƈ & ƄƑ ƈƊƆ Ɨ #ƆƍƑƐƕ Ƒ ƈ Ɔ #ƆƒƆƋ ƍƌƆ Ɛ L ƆƏè Lƈ ƆƐƑ ƗƆ RƕƆƋƑƗƆè ƗƑƏƈ Ɛ ƆƈƏ ƒƈ ƈƐ Ɛ NAN Ɔ ƗƎƑ ƏƐƆƏ ƈ ƄƑƉ Č zƆƗ Ɔ Ɨ ƕ
Mercy Aigbe Nollywood diva cum gL1 fashion icon
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NSE QUICK BITE
GAINERS AS AT 14th June, 2016 NEM
1.05
0.05
5.00%
CONTINSURE
1.10
0.05
4.76%
LOSERS GLAXOSMITH 16.44 UNITYBNK
1.03
-1.77
-9.72%
-0.10
-8.85%
Freight charges: NNPC, PPMC owe NIMASA $3b – Reps
g 28