www.peoplesdailyng.com
Vol. 13 3N No. 79
Friday, Fr June 6, 2014
. . . putting the people first
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Fra Fraudsters hack Governor Yero's Go phone
Sha’aban 7, 1435 AH
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Insurgents kill 45 near Maiduguri
N150
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Presidential scholarship: NUC boss shuns Reps
Explosion at Gombe governor’s residence 2 soldiers killed, 6 injured
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Students of Lagos State University (LASU), protesting over increase in their tuition fee by the university authority, yesterday at the Government House Gate, in Lagos.
Naira drops as Emefiele settles down at CBN By Etuka Sunday, with agency report
Apex bank boss moves to stop illegal bank charges
T
cent against the US dollar after the new Central Bank of Nigeria (CBN) governor, Godwin Emefiele announced his plans to grad-
he nation’s currency, the Naira, dropped to a onemonth low of N163.85 yesterday shedding 0.69 per-
ually reduce interest rates. It would be recalled that the currency closed at N162.72 to the dollar on Wednesday. A report on
Reuters said the Naira was last seen at this level on May 8, this year, when it traded at N163.90 against the US currency.
Dollar demand was boosted by investors repatriating dividends abroad, while a lack of Contd on Page 2
Tambuwal to Jonathan: We won’t be cowed
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