Naira strengthens further against dollar, sells at N450/$

The Naira on Monday continued to strengthen against the dollar and other major currencies, the News Agency of Nigeria (NAN) reports.
The Nigerian currency gained N10 to exchange at N450 to a dollar at the parallel market, while the Pound
Sterling and the Euro exchanged at N560 and N470.
At the Bureau De Change (BDC) window, the Naira was sold at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro closed at N610 and N500 .
The Naira traded at N305.50 to a dollar at the inter-bank market.
Traders at the market expressed confidence in the new FOREX policy and its ability to restore the Naira to its lost glory.

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Father arrested for raping his daughter and threatens to kill her if she tells anyone

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A 52-year-old driver, Chukwuma Eze, has been arraigned before an Ikeja Chief Magistrates’ Court sitting in Lagos State for allegedly
raping his 17-year-old daughter » and threatening to kill her if she dares tell anyone.

While addressing the court, the police prosecutor, Sergeant Raphael Donny said the offense was committed in June 2016 at the accused’s residence.
According Sgt. Donny, Eze who is separated from his wife, forcefully had carnal knowledge
» of his daughter and threatened to kill her if she told anyone.
“The victim’s mother was separated from her father and because of this, she stays with her mother and goes to her father for holidays.
He took advantage of her and raped her when she went spend the holiday with him. After sexually assaulting his daughter, the accused threatened to kill her if she told anyone what happened,” Sgt. Donny said.
The prosecutor added that it was when the victim went back to his house that she revealed the secret and the woman reported to the pol…
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