FRIDAY 28TH AUGUST 2020

Page 1

CBN Resumes Forex Sales to BDCs on Monday Operators to sell at N386/$1 New guidelines for payment service banks peg capital requirement at N5bn Obinna Chima Central Bank of Nigeria (CBN) yesterday announced that the gradual sale of foreign exchange (forex) to licensed

Bureau De Change (BDC) operators would resume from Monday. CBN, in a circular dated August 27, and addressed to all authorised dealers, BDC

operators and members of the public, which was signed by its Director, Trade and Exchange Department, Dr. Ozoemena Nnaji, said the resumption of forex sales was part of efforts

to enhance accessibility of the greenback, particularly to travellers following the announcement of the limited resumption of international flights.

Nigerian Civil Aviation Authority (NCAA) yesterday said the resumption of international flights, earlier fixed for Saturday, had been shifted to September 5.

In another circular, obtained yesterday from its website, CBN reviewed its guidelines for the licensing and regulation Continued on page 10

FG Shifts Resumption of International Flights to September 5... Page 8 Friday 28 August, 2020 Vol 25. No 9272. Price: N250

www.thisdaylive.com TR

UT H

& RE A S O

N

Buhari, Jonathan, Others Thrilled as Adesina Gets Second Term at AfDB US pledges support for continental bank Chuks Okocha, Omololu Ogunmade, Deji Elumoye, Udora Orizu in Abuja, Nume Ekeghe and Dike Onwuamaeze in Lagos President

Muhammadu

Buhari; his predecessor, Dr. Goodluck Jonathan; President of the Senate, Dr. Ahmad Lawan; Speaker of House of Representatives, Hon. Femi Gbajabiamila; Minister of Finance, Budget

and National Planning, Mrs. Zainab Ahmed, and one of her predecessors, Dr. Ngozi Okonjo-Iweala, among others, were in a euphoric mood yesterday as Dr. Akinwumi Adesina won his bid for a

second term as the President of the African Development Bank (AfDB). Adesina, a former Nigeria's minister of agriculture, was unanimously elected by both regional and non-regional

members of the continental bank. In a statement issued yesterday to announce Adesina’s re-election, AfDB Acting Director, Communication and External

Relations Department, Mr. Nafissatou Diouf, said the “globally renowned development economist and a World Food Prize Laureate Continued on page 10

My Focus Now is Serving Nigeria, Not on 2023, Says Osinbajo VP: Ernst and Young to audit NDDC Implores church leaders aggrieved over CAMA to approach N’Assembly Obaigbena urges NBA to respect free speech Alex Enumah in Abuja Vice President Yemi Osinbajo yesterday played down any interest in the 2023 presidential race, saying his major concern now is serving Nigeria. He has also asked church leaders who are aggrieved over the Companies and Allied Matters Act (CAMA) 2020 to approach the National Assembly for a review of the law. In addition, he said the federal government has picked Ernst & Young Global Limited to audit the Niger Delta Development Commission (NDDC), which is currently being investigated by the National Assembly for

widespread corruption. Responding to a question if he would run in 2023, at the virtual Annual General Conference (AGC) of the Nigerian Bar Association (NBA), Osinbajo said his attention was on teaming up with President Muhammadu Buhari to find solutions to pressing national issues. Chairman/Editor-in-Chief of THISDAY Newspapers and ARISE NEWS, Prince Nduka Obaigbena, moderated the session where he urged NBA respect to free speech. Osinbajo said: “I am incredibly grateful for the opportunity to serve Nigeria Continued on page 12

Council of State Endorses Pardon for Ambrose Alli, 44 Others... Page 5

TOGETHER FOR NATIONAL DEVELOPMENT... L-R: President Muhammadu Buhari and his predecessor, Dr. Goodluck Jonathan, arriving for a virtual meeting of the Council of State at the Presidential Villa, Abuja...yesterday godwin omoigui


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.