Nigerians Shun Naira For Foreign Currencies, Gives Reason Information reaching us why Nigerians Shun Naira For Foreign Currencies. Nigerians are now saving in foreign currencies to protect their wealth from naira volatility and surging inflation. This was disclosed in a research paper in a journal published by the Central Bank of Nigeria on its website. “Higher real-exchange rate volatility is associated with an increased level of currency substitution,” Central Bank economists including Isaiah Ajibola, Sylvanus Udoette, Rabia Muhammad and John Anigwe said. There is a need to contain “exchange-rate volatility and inflation as a way of curbing the spate of…
Author: Ibom Focus
19 Nigerians Arrested For Entering Ghana Illegally Not less than 19 Nigerians Arrested For Entering Ghana Illegally A special operation by joint security forces has led to the arrest of 19 suspected Nigerian nationals who attempted to enter Ghana through an unapproved route. This was contained in a statement issued by the Ghana Police Service. The Operation Motherland team, comprising the police, military and immigration officers, arrested the ECOWAS nationals at Akuse, a community in the Eastern Region. Read Also: Alleged Molestation: Don Davis’ Lawyer To Demand N1.5b Damages From Deeper Life High School They were aboard a VW craftwer…
How Boyfriend Lured Me To Sell My Only Child, Lady Cries Out, Photos How Boyfriend Lured Me To Sell My Only Child, Nigerian woman who sole her child A 31-year-old woman has confessed on how her boyfriend made to sell her only child for N300,000 to a buyer in Imo State. According to the woman, Titilayo Kudaisi, her boyfriend, Seyi Akinsete whom she met four months had been into the business of stealing and selling babies. Titilayo, who was paraded alongside her boyfriend at the police headquarters in Akure, Ondo State capital, disclosed that after she sold her three-year-old male…
Paul Enenche Acquires A New Private Jets, Photos The general overseer and Founder of Dunamic international, Dr. Paul Enenche has acquired a new private jet Read Also: Nollywood Star Arrested For Allegedly Raping A Teenager For 7 Years The Mission Work Of Jesus Must Be Preached…. Congrat Sir
Bandits Are Innocent, Don’t Kill Them, Says Defence Minister, Gives Reason It was shock when Defence Minister says Bandits Are Innocent Bashir Magashi, Minister of Defence, has said he does not support the idea of killing bandits. Read Also: Get Ready To Kill Milions, Oduduwa Nation And Biafra Are Gone Already, Popular Cleric Tells Buhari Magashi was quoted as saying in a Twitter post on Thursday by Lauretta Onochie, aide to President Muhammadu Buhari on social media. According to Onochie, the defence minister stated that bandits are innocent until proven guilty. He, however, said armed bandits will be eliminated. “I…
N125million Fraud: EFCC Declares Businessman Wanted A reports reaching us that, EFCC Declares Businessman Wanted The Economic and Financial Crimes Commission has declared wanted a businessman, Andrew Foubiri Warri, who is standing trial for allegedly obtaining N125 million by false pretences and issuing a dud cheque. The EFCC said in a statement signed by its spokesman, Wilson Uwujaren, that Warri jumped bail following his arraignment and resisted re-arrest by its operatives at his office in Port Harcourt, Rivers State in December 2020. Warri is the first of three defendants facing seven counts bordering on the offences before the Ikeja High…
BREAKING: Buhari Defends Pantami Controversy How president Buhari Defends Pantami Controversy after US placed his minister on watchlist President Muhammadu Buhari has finally broken his silence over the minister controversial past comments in support of terrorist groups Buhari said he won’t sack the Minister of Communication and Digital Economy, Isa Pantami, over his past comments. Buhari made this known in a statement on Thursday titled ‘Statement by the Presidency on recent campaign against the Minister of Communications and Digital Economy,” released by his Special Special Assistant to the President on Media and Publicity, Garba Shehu. He said Pantami’s ordeal in…
BREAKING: Primary School Teacher Arrested For Sleeping With Male Pupils, Photo How Primary School Teacher Arrested For Sleeping With Male Pupils The Oyo State police command on Thursday paraded a primary school teacher, Ebenezer Olawuyi for sleeping with two of his male pupils. The 30-year-old, Olawuyi said he lured the pupils to his house to mark examination scripts for him and sodomised them. Read Also: Lai Mohammed Attack UK: Granting Asylum To IPOB, MASSOB Members Disrespects Nigeria The state command also paraded 33 others for armed robbery, kidnapping and carjacking in the state. Speaking with SaharaReporters, Olawuyi said he didn’t…
Get Ready To Kill Milions, Oduduwa Nation And Biafra Are Gone Already, Popular Cleric Tells Buhari Nigerian cleric revealed that, Oduduwa Nation And Biafra Are Gone Already The Senior Pastor of Awaiting The Second Coming Of Christ Ministry, Adewale Giwa, on Thursday told President Muhammadu Buhari that he could not stop the marginalised ethnic nationalities in Nigeria from seeking self-determination. The cleric also stated that the Oduduwa Republic would pave the way for Igbo people to realise their sovereign nation away from Nigeria. Oduduwa Nation And Biafra In a statement made available to Daily Post, Giwa said that Oduduwa Republic…
Alleged Molestation: Don Davis’ Lawyer To Demand N1.5b Damages From Deeper Life High School Information reaching us that, Don Davis’ Lawyer To Demand N1.5b Damages From Deeper Life High School David Okokon, lawyer to Don-Davis Archibong, a Junior Secondary School 1 student of the Deeper Life High School, Uyo, who was allegedly molested, has said the family of the victim will sue the church in a civil case and claim N1.5 billion in damages. Okokon, who spoke with SaharaReporters on Thursday, said there are two court cases before the church: one in the magistrate court, instituted by the Akwa Ibom…