Newspaper Headlines: IMF backs CBN's exchange rate unification policy | TheCable

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Newspaper Headlines: IMF backs CBN's exchange rate unification policy | TheCable
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The International Monetary Fund (IMF) has announced the backing of the exchange rate unification of the Central Bank of Nigeria. This is as Asari Dokubo, the Niger Delta activist, accused the military of being behind oil theft in the region.

June 17, 2023 7:30 AMThe International Monetary Fund has announced its backing of the exchange rate unification policy of the Central Bank of Nigeria .oil theft in the region.The Nation reports that the International Monetary Fund has backed the exchange rate unification of the Central Bank of Nigeria. The newspaper says Dino Melaye testified as a witness at the presidential election petition tribunal, saying he got reports of rigging from PDP agents.

Punch reports that the Economic and Financial Crimes Commission detained Kamilu Omokide, the receiver manager appointed by Assets Management Corporation of Nigeria for Arik Nigeria Limited, over alleged misappropriation and diversion of about N120bn. The newspaper says the federal government projects N9tn annual revenue from asset concession.

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