State House Visit: President Bola Tinubu hosted the outgoing Head of the Civil Service of the Federation, Didi Esther Walson-Jack, alongside her successor, Abel Olumuyiwa Enitan, at the State House in Abuja.....KINDLY READ THE FULL STORY HERE▶

• Transition Timeline: The meeting follows the presidential appointment of Enitan as the new Head of Service, scheduled to take effect following Walson-Jack’s retirement at the mandatory age of 60.

• Background of the New Appointee: Enitan previously served as the Permanent Secretary in the Federal Ministry of Education and brings extensive multi-agency experience from across key government ministries.

“His previous postings include the Ministry of Police Affairs, the Ministry of Humanitarian Affairs and the Office of the Vice President, equipping him with broad operational insight into the Federal Civil Service.”

Market Overview: At the Lagos parallel market (black market), Bureau De Change (BDC) sources report that the US dollar is being sold at ₦1,410 and bought at ₦1,400.....KINDLY READ THE FULL STORY HERE▶

• Official Rates: Meanwhile, Central Bank of Nigeria (CBN) official trading margins range with highest rates around ₦1,348 and lowest rates near ₦1,342.

• Important Notice: The Central Bank of Nigeria does not recognize the parallel market, advising individuals engaging in foreign exchange transactions to utilize authorized banking channels. Market prices remain subject to regular fluctuations.

Please note that foreign exchange rates can vary depending on your specific location and transaction source.

Direct Intervention: The Economic and Financial Crimes Commission (EFCC) has removed the restriction on the Osun State Government’s bank accounts held with First Bank of Nigeria and Zenith Bank.....KINDLY READ THE FULL STORY HERE▶

• Presidential Directive: The decision follows a direct order from President Bola Tinubu, who described the initial freeze as embarrassing and instructed the commission to reopen the state accounts immediately.

• Legal and Political Resolution: Following the development, Governor Ademola Adeleke directed the state’s Attorney General and Commissioner for Justice to withdraw the legal action previously filed against the anti-graft agency.

“The lien has been lifted. EFCC cannot ignore the presidential order. I can confirm to you that it was done immediately,” stated Temitope Ajayi, Senior Special Assistant to the President on Media and Publicity.