TheCable

The Guardian describes the decision of the Central Bank of Nigeria (CBN) to stop foreign exchange sale to parallel markets as ”rare courage”, saying the development will weaken bureau de change (BDC) operations. The senate has halted the probe of Danladi Umar, Code of Conduct Tribunal (CCT) chairman, for alleged assault, the newspaper says.

The Nation says Sunday Adeyemo, youth leader better known as Sunday Igboho, told a Beninise court that he fled Nigeria to avoid being killed. The newspaper says the decision of the CBN to halt forex sales to BDCs is due to money laundering being facilitated with the scheme.

The Punch reports that another strike looms in Nigerian public universities as varsity lecturers lock horns with the federal government over payment platforms. The newspaper says the Peoples Democratic Party (PDP) lambasted President Muhammadu Buhari over UK trip.

Daily Independent reports that the apex bank has moved to check round tripping and unify foreign exchange rates with the ban on forex sales to BDCs. The newspaper says the federal government warned Nigerians in diaspora against funding secessionist groups.

The Nigerian Tribune says Kayode Fayemi, governor of Ekiti state, said the Independent National Electoral Commission (INEC) should be left to decide on electronic transmission of election results. The newspaper reports that one police officer and six gunmen were killed during an attack in Imo community.