NAIRA DEPRECIATION: CBN
L
By Babajide Komolafe
AGOS— THE Central Bank of Nigeria, CBN, is set to resume dollar sales to Bureaux de Change, BDCs, in a bid to arrest the
continued depreciation of the Naira in the parallel foreign exchange market as well as reduce opportunity
resumes dollar sales to BDCs
for round-tripping. Vanguard investigations revealed that the CBN, yesterday, held a meeting
with the leadership of Association of Bureau de Change Operators of Nigeria, ABCON, the
umbrella body of BDCs in the country. It was gathered that the CBN informed ABCON
Banks lose N3bn to fraud in 2015—NDIC REPORT 19
...towards a better life for the people VOL. 25: NO. 63060
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leaders that it would soon resume dollar sales to them. ABCON President, Alhaji Aminu Gwadabe, who confirmed this to
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ONLINE | www.vanguardngr.com
N200
WEDNESDAY, JUNE 29, 2016
ARRAIGNMENT FOR FORGERY:
Ekweremadu takes case to UN, EU, UK, others •Says FG wants to silence him •We won't bandy words with him—Presidency •Testifying against Saraki has nothing to do with my appointment —Ojudu BLAST :
An ambulance and emergency workers intervening next to people lying on the ground (right), after two explosions followed by gunfire hit Turkey's biggest airport, Ataturk International in Istanbul, yesterday. At least 28 people were killed. Photo: AFP/ ILHAS NEWS AGENCY.
Retirements: Go to court, Buratai dares Generals Mother of triplets detained by hospital over N35,000 bill
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•P.6
COLUMNISTS: How Catholic Church He can’t fulfil my buried 10 faithful with eight fantasy! inside See caskets •P. 43 C M Y K
Brexit and the small-minded Nigerian •P. 17
Nobody needs grazing reserves now
Empire or Little England? Brexit breaks the myth of globalisation
•P. 30
•P. 30
By Henry Umoru, Dapo Akinrefon & Levinus Nwabughiogu
A
BUJA — BARELY 24 hours after the arraignment of Senate President, Bukola Saraki; his deputy, Senator Ike Ekweremadu, and others for alleged forgery of 2015 Senate Standing Rules in an Abuja High Court, Ekweremadu has Continues on Page 5
N4.9bn fraud: Nenadi Usman, Fani-Kayode remanded in prison custody 9
Mr & Mrs