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The Central Bank of Nigeria (CBN) has injected the sum of 210
million dollars into the inter-bank Foreign Exchange Market after
the transactions on Tuesday, July 30.

The bank’s Director, Corporate Communications Department, Mr
Isaac Okorafor made this known in a statement in Abuja.

Okorafor explained that authorized dealers in the wholesale
sector of the market received 100 million dollars, while the Small
and Medium Enterprises (SMEs) and the invisible segments were
allocated the sum of 55 million dollars each.

He said the efforts of the CBN had helped to ensure the
stability of the Naira and also increased the level of investors
and public confidence in the economy.

The News Agency of Nigeria (NAN) reports that CBN had in the
last intervention on July 26, injected the sum of 284.2million
dollars and CNY36million into the Retail Secondary Market
Intervention Sales (SMIS) segment.

image

Meanwhile, the Naira on July 30 exchanged at an average of N358
to a dollar in the Bureau De Change (BDC) segment of the market.
(NAN)

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Sheik el-Zakzaky IMN Shiite leaderSheik el-Zakzaky IMN Shiite
leader

Zakzaky: Shiite Group Temporarily Suspends Street
Protests, Goes to Court

The Islamic Movement in Nigeria do hereby announce to the
general public and the international community that it has
temporarily suspended its Free Zakzaky street protests to allow for
some new openings into the resolution of the problems, especially
the court case instituted by our lawyers on the proscription order
made by the federal government this week.

It has taken this step in good faith out of respect for some
eminent people and groups, whose input in the resolution of the
problems appears genuine and we sincerely hope an amicable way
could be found to solve the crises surrounding the illegal
detention of our leader for almost four years now.

If at all any protests occur anywhere in the country, it might
be this notice hasn’t reach those in the field or this message is
misunderstood or it is some security agents who are mischievously
behind it as they have been doing in an attempt to smear our image
and be seen as unruly people rather than as victims of savage
oppression since 2015.

The Islamic Movement wishes to thank both national and
international civil rights activists and organizations who have
been busy demanding the protection of our fundamental human rights
as enshrined in the constitution.

We also thank the press, both national and international, and
the social media activists for the full coverage of our activities
throughout the struggle for justice.

We are committed to exploring the new openings we have seen in
resolving this protracted issue. We therefore reiterate our demand
that our leader, his wife and several others in detention be given
their freedom denied to them since 2015.

SIGNED BY

IBRAHIM MUSA
PRESIDENT MEDIA FORUM OF ISLAMIC MOVEMENT IN NIGERIA

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