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Saturday, 1 October 2016
IPOB member urinating and burning Nigeria flag to mark independent day- Pictures
Read what CBN Governor, Emefiele said about his wife’s kidnapping
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the release of his wife, who was kidnapped along Benin-Agbor road on Thursday.
Expressing gratitude to God and President Muhammadu Buhari for her release, Emefiele vowed to continue serving the country “without any fear of intimidation.”
In a statement released in Abuja on Saturday, Emefiele said his wife was rescued on Friday night.
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He praised security agencies for their “gallantry” in bringing her back home within 24 hours in compliance with the directive of the president.
He also expressed his gratitude to the Delta and Edo state governments, friends and well-wishers who, through their actions, prayers, and goodwill, helped to bring this harrowing experience to a joyful end.
Flavor Nabania in traditional dab for Nigeria Independent- Pictures
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He shared this photo to mark Nigeria’s independence..!See how Chad and Benin Republic are causing fall of Naira
Aminu Gwadabe, president of the Association of bureau de change operators of Nigeria (ABCON), says the free fall of the naira is due to activities of Nigeria’s immediate neighbours.
Over the week, the naira has been on a free fall at the parallel market, moving from 439 per dollar on Monday to 490 to the greenback on Friday morning.
The British pound and euro are also currently trading at N600 and N520 respectively.
According to Gwadabe, foreigners are mounting pressure on the naira by bringing in their dollar demand to Nigeria, hence, mopping up the dollars in the system.
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“For the past few days, what we have been witnessing in the market is a kind of spike, a lot of volatility in exchange rate, and this has to do with fear,” Gwadabe told CNBC Africa.
“A lot of people are developing fear, and as a result of that, no naira is being kept. People are moving from naira to dollar.
“A very worrisome factor that we have been witnessing in the market is that the market has recently been bombarded by people from neighbouring countries to meet their demands.
“What I mean by neighbouring countries is that a lot of demand is coming from Benin Republic, from Chad. International demand is also accumulating; we see a lot of Chinese traders coming into the economy, mopping up any available dollar.”
Gwadabe said ABCON and Travelex are now into a partnership, which would take off soon, thereby easing the stress on the local currency.
The bureau de change boss expressed support for the proposed sale of some national assets to beef up foreign reserves and support the naira.
Checkout Benson Okonkwo eye-popping independence pictures
It’s a tradition for some celebrities to release photos celebrating the great country on Independence day. Now we have, Benson Okonkwo…see more photos below;
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Happy Independence Day Nigerian from BNaija
Nigeria, an African country on the Gulf of Guinea, has many natural landmarks and wildlife reserves.
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Protected areas such as Cross River National Park and Yankari National Park have waterfalls, dense rainforest, savanna and rare primate habitats. One of the most recognizable sites is Zuma Rock, a 725m-tall monolith outside the capital of Abuja that’s pictured on the national currency.
Nigeria is 56 years old today, Happy Birthday, Nigeria
Comedian, Seyi Law and wife welcome a child after 5 years
Seyi Law and his wife have welcomed a baby girl. The bundle of joy arrived yesterday and her happy dad announced her arrival…Below is what he posted on his IG page…
The Lord blessed my household. After 5 years of marriage and exactly 9 years after we met, God has blessed us with a beautiful baby girl. Ladies and Gentlemen, help us welcome our Princess:
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CHIDERA OLUWADEMILADEOLA TIWALOLUWA AVIELLA Aletile.
Glory be to God Almighty. Baby, Mother and Father are doing well.
SEYILAW.
PS:
No pictures until after her endorsements. I go do pass Tiwa Savage. ..
JUST IN: Kidnapped CBN Governor’s wife released
The Central Bank of Nigeria’s Governor, Godwin Emefiele whose wife, Margaret, was kidnapped less than 24hours ago has been released from her abductors.
The news of the kidnap was broken by SaharaReporters who reported that Margaret Emefiele was abducted by some heavily armed men yesterday.
Following the abduction, the sum of N1.5billion ransom was reportedly demanded by her abductors.
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THISDAY reports that Mrs Margaret Emefiele, according to family sources was rescued “due to the gallantry of the Armed Forces, Police and Security Forces”.
She was rescued in Ugoneki near Benin City and is currently recuperating in Government House, Asaba.
Breaking! veteran Nollywood actor, Elder Mayah Njubigbo is dead
Nollywood veteran actor, Mayah Njubigbo died from a liver disease this morning..may his soul rest in peace.
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See amount kidnappers of CBN Governor’s Wife, are demanding as ransom
According to SaharaReporters, the kidnappers who abducted Margaret Emefiele, wife to CBN governor Godwin Emefiele, are demanding N1.5 billion for her release. SaharaReporters has learned that in addition to Mrs. Emefiele, four other people were abducted, including two other females, a male, and her driver.
It has also been learned that Mrs. Emefiele had a four-man police detail attached to her. However, when the police were confronted with the superior firepower of the kidnappers, they ran away, leaving her and the other victims in the hands of the criminals.
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However, a combined team of soldiers, air force officers and mobile police, said to be over 1,000 have stormed the forest at Benin-Agbor road where they were taken to after being kidnapped yesterday.
Since her abduction, the kidnappers have been in constant communication with Mr. Emefiele, his representatives, and police negotiators. They are reportedly discussing the N1.5 billion ransom demand.
SaharaReporters also learned that the CBN is attempting to keep details of Mr. Emefiele wife’s abduction hidden from the media because it may scare off investors in Nigeria.
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