FRESH 4RM GIM

Oscar Pistorius walks on his stumps during argument in mitigation of sentence by his defense attorney Barry Roux in the High Court in Pretoria, South Africa, Wednesday, June 15, 2016. An appeals court found Pistorius guilty of murder and not a lesser charge of culpable homicide for the shooting death of his girlfriend Reeva Steenkamp. (AP Photo/Alon Skuy, Pool via AP)

Only authorised dealers will be allowed to trade on interbank markets henceforth – CBN says it will release guidelines to primary dealers on Friday The Central Bank of Nigeria (CBN) has officially announced a new foreign exchange policy and has listed some implications of new development.

A lab technician at Novo Nordisk conducts in vitro research in Malov, Denmark, on Friday, Sept. 28, 2007. (John McConnico/Bloomberg News)

The House of Representatives has enjoined the authorities to immortalise late Stephen Okechukwu Keshi and Amodu Shuaibu who passed on recently. At the plenary presided by speaker Yakubu Dogara, the lawmakers maintained that there was the need to immortalise them in view of their selfless services to the country. Adopting a motion sponsored by Mr Samuel Onuigbo (PDP, Abia), they also justified the call saying it was based on the need to encourage the younger ones to always give their best for the development of the country.

The federal government has barred banks in the country from giving loans to state governments – The decision was taken in line with the Fiscal Sustainability Plan (FSP) – The federal government’s economic team and state governors agreed to this plan The federal government has barred banks in the country from giving loans to state governments. The move is to ensure effective and transparent management of sub-national resources.