The Naira on Wednesday weakened further against the dollar at the parallel market, barely 24 hours after the Central Bank of Nigeria (CBN) moved for the adoption of a flexible exchange rate. The News Agency of Nigeria (NAN) reports that Naira sold at N350, weakening further from its rate on Tuesday when it went for N347 to a dollar. The Pounds Sterling and the Euro opened at N385 and N380 and closed at N390 and N385 respectively. Traders at the market said that they were keenly watching out for the impact of the new foreign exchange policy of the apex bank at the market. NAN reports that CBN, at the end of its Monetary Policy Committee (MPC) meeting on Tuesday, adopted a flexible exchange policy for the economy, a move financial experts said was long overdue. In his remark, Harrison Owoh, a Bureau De Change (BDC) operator, said that the new policy would frustrate currency speculation and hoarding.


Popular Nollywood actress, Rita Edochie said she was a victim of sexual abuse many years ago and called on parents to regularly communicate with their children.

Edochie revealed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.

Edochie, who was a guest at a seminar to end violence against children, told NAN that she was sexually violated at a young age by a family friend.

“I was a victim of sexual abuse; that was when I was in primary six; I was going to the hospital and somebody called me. The boy used some diabolic means and sexually violated me; when I could not see my period, I refused to tell my mother, because she was very strict.

I love sharing my experience because at the end of the day I succeeded; If I had not succeed, I would not have been able to share it,” Edochie said.

She explained that the pregnancy was about seven months before her mother noticed it.

Edochie added that her mother was shocked at the pregnancy because she thought her being strict would not allow such a thing to happen.

“My mother asked how it happened and I told her everything; my brother picked a knife and wanted to kill me, but my mother stopped him. It happened that the mother of the boy that violated me was my mother’s friend; the boy’s mother was surprised but the boy denied.

My mother took me to hospital to abort the pregnancy with a plan of taking me to my grandmother’s place at Ogede to stay for one week before returning home.

I told her I may lose my life in the process; and because she loved me, she then aborted the planned abortion; I feel it was God that spoke through me,” she said.

According to the actress, “my mother took care of the baby while I went to school; if not for my mother I would not be where I am today”.

The veteran actress called on parents to communicate regularly with their children and make them their best friends.

“Parents should always listen to their children’s complaints on happenings both in and outside the home.”

Photo Credit: Facebook- Rita Edochie

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