Sports
Activist Wants Court to Restrain AbokiFX from Publishing Exchange Rate
An activist, Solomon Semaka has asked a Federal High Court sitting in Abuja to restrain Abokifx and other unauthorised platforms from publishing or influencing exchange rates in the country.
The plaintiff in a suit No. FHC/ABJ/CS/1150/2021 wants the court to determine whether (abokiFX), anybody, group or organisation not duly registered as an authorised dealer or authorised buyer of foreign currency in Nigeria under the Central Bank of Nigeria of Nigeria Act 2007, the Foreign Exchange (Monitoring and Miscellaneous Provision) Act and other relevant statues can publish or influence foreign exchange other than the CBN.
Recall that the CBN had accused AbokiFX, an online forex site published by Oniwinde Adedotun of influencing foreign exchange rate and declared the publisher wanted. The organisation in swift reaction announced its decision to temporarily suspend rate updates.
The suit has Oniwinde Adedotun (AbokiFX publisher), Association of Bureau De Change Operators of Nigeria (ABCON), Central Bank of Nigeria and the Attorney General of the Federation as defendants.
In the suit, Solicitor to the Plaintiff, Barr. T. D Sorkaa of Sorkaa and Associates, Chambers, in the affidavit declared: “That it is only the CBN that the right to regulate or determine the foreign exchange in Nigeria under the CBN Act, 2007, the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act and other relevant statues.”
The matter has been assigned to federal high court 9 to be heard in January 17,2022.
Celebrity
Ochei Felicitates Asagba of Asaba on 2nd Coronation Anniversary
Former Speaker of the Delta State House of Assembly and President of the Nigeria Tennis Federation, Rt. Hon. (Engr.) Victor Ochei, Esq., FNSE, has felicitated with His Royal Majesty, Obi (Prof.) Epiphany Azinge, CON, Asagba of Asaba, on the occasion of his Second Coronation Anniversary.
Ochei, who is also the NDC Candidate for Delta North Senatorial District, described the anniversary as an opportunity to celebrate the Asagba’s commitment to the peace, unity, cultural heritage and development of Asaba.
He commended His Royal Majesty for bringing his wealth of scholarship, experience and statesmanship to bear on the traditional institution, while promoting values that strengthen communal harmony and preserve the rich heritage of the Asaba people.
“Your Majesty, I celebrate your Second Coronation Anniversary and your continued dedication to the wellbeing of your people. May God Almighty grant you good health, wisdom and strength for many more years of purposeful service.
“May your reign continue to be marked by peace, unity and progress for Asaba, Delta State and humanity,” Ochei said.
He wished the Asagba a memorable anniversary and prayed for continued blessings upon his reign.
Rt. Hon. (Engr.) Victor Ochei, Esq., FNSE
Former Speaker, Delta State House of Assembly
President, Nigeria Tennis Federation
NDC Candidate, Delta North Senatorial District
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