Tuesday 28th February 2017

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Naira Strengthens to N435/$ on CBN Dollar Glut Another $180m sold for visible and invisible transactions Travelex to get $4m weekly at Lagos and Abuja airports Currency speculators would suffer, central bank warns than N450 to the dollar at which it closed last Friday, as the Central Bank of Nigeria

Obinna Chima The naira continued to strengthen on the parallel market yesterday to close at N435 to the dollar, stronger

(CBN) continued to relentlessly pump the greenbank into the interbank foreign exchange

market to meet the demand of bank customers. But the buy rate of the

greenback rose slightly to N430 to the dollar yesterday, against N440 last Friday.

Imo, Sokoto, Kaduna PDP Reject Sheriff... Page 40

Several parallel market operators who had been stockpiling dollars for months, were seen yesterday lamenting Continued on page 8

Tuesday 28 February, 2017 Vol 22. No 7985. Price: N250

www.thisdaylive.com TR

TODAY'S WEATHER

ABUJA 16°C-33°C

MAIDUGURI 15°C-35°C

UT H

& RE A S O

ENUGU 22°C-34°C

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KANO 11°C-33°C

LAGOS 23C-31°C

PORT HARCOURT 20°C-30°C

Tinubu Prepares for Presidential Run, Dumps PDP, Mega Party Alliance Pencils down possible running mates Presidential aide alleges plot to cause rift between Buhari and Osinbajo, says president remains in charge Lai Mohammed: I spoke to Buhari Saturday, his condition not critical Bolaji Adebiyi and Tobi Soniyi in Abuja with agency report The National Leader of the All Progressives Congress, Chief Bola Tinubu has been holding a series of meetings and consultations for his bid for the presidency in 2019, THISDAY has reliably learnt. According to sources close to the former Lagos State governor, he is also putting together a team, preparatory

for the race and has developed an elaborative strategic plan to make a bold bid for the coveted office. In so doing, Tinubu, sources confirmed, has abandoned his initial plan of aligning with the opposition Peoples Democratic Party (PDP) to build a mega party to take on the APC in 2019. Instead, Tinubu, the sources volunteered, has decided to Continued on page 8

South Africans Attack More Nigerians Alex Enumah with agency report The Nigerian community in South Africa yesterday said that another shop belonging to a member was looted in the latest xenophobic attack at Jeppestown, Johannesburg. Mr. Ikechukwu Anyene, President of the Nigeria Union, South Africa, told the News Agency of Nigeria (NAN) on the phone from Pretoria that the shop was looted on

Sunday night. “We have received information that there was an overnight attack on shops belonging to foreigners at Jeppestown, a business district in Johannesburg. “A shop belonging to a Nigerian was affected. “The goods in the shop were looted by the attackers. The Nigerian was not hurt during the attack. Continued on page 8

A GIFT WORTHY OF TREASURE... L-R: U.S. Ambassador to Nigeria W. Stuart Symington, receiving an Ife bronze head from the Ooni of Ife, Oba Enitan Adeyeye Ogunwusi, during a courtesy call by the Ooni to the ambassador at the Lagos residence of the U.S. Consul General… recently


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