NIGERIA POSTS $6.83 BILLION BALANCE OF PAYMENTS SURPLUS IN 2024, SIGNALING ECONOMIC RESURGENCE AND VALIDATING RENEWED HOPE AGENDA. (PHOTOS). #PRESS RELEASE

-
Image
 Nigeria Posts $6.83 Billion Balance of Payments Surplus in 2024, Signaling Economic Resurgence and validating Renewed Hope Agenda  The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in 2023 and $3.32 billion in 2022. This improvement reflects the impact of wide-ranging macroeconomic reforms, stronger trade performance, and renewed investor confidence in Nigeria’s economy. Stronger Trade and External Account Performance The current and capital account recorded a surplus of $17.22 billion in 2024, underpinned by a goods trade surplus of $13.17 billion. Petroleum imports declined by 23.2% to $14.06 billion, while non-oil imports fell by 12.6% to $25.74 billion. On the export side, gas exports rose by 48.3% to $8.66 billion, and non-oil exports increased by 24.6% to $7.46 billion. Remittance inflows remained resilient, with personal remittanc...
Post a Comment

MAN ARRESTED AFTER HE ORGANIZED HIS OWN KIDNAP TO EXTORT N10M FROM HIS PARENTS TO START AN ONLINE BUSINESS. (PHOTO).

-



23-year-old man arraigns his own kidnap in Ogun to extort N10 million from his parents to start an online business

A 23-year-old man identified as Edward Okache was on October 10 arrested alongside four others namely Asamoah Ernest, Isiah Uti, Ephraim Anyijor, and charity Lukpata for faking his own kidnap.

The suspects were arrested following a report lodged at Mowe divisional headquarters by one Comfort Okache who reported via phone call that her younger brother who traveled from Calabar to Lagos was kidnapped around the Mowe area of Ogun state, and that the kidnappers were demanding N10 million if the relations want to see the boy alive. 

Upon the report, the DPO Mowe division, SP Folake Afeniforo mobilized the division's tactical teams and moved to the area.Upon painstaking and enduring combing of the surrounding bush at Orimerunmu area, the victim was sighted in an uncompleted building with the duo of Asamoah Ernest, a Ghanaian, and Isiah Uti, where he was tied in both hands and legs. 

The two suspects found with him were promptly arrested, while the victim was rescued.  But on getting to the station, the two arrested suspects made a shocking revelation that the so called victim was the person who planned with them to kidnap him in order for him to extort money from his parents to invest on an online business.

They stated further that the so called victim was introduced to them by Ephraim Anyijor and Charity Lukpata who are from the same Yala local government area of crossriver as the victim, and that they all are all part of the planned kidnap of Edward Ochace. 

Their confession led to the arrest of Ephraim Anyijor and charity Lukpata. They have all confessed to the commission of the crime.'' SP Abimbola Oyeyemi, spokesperson of the state police command, said

 
Oyeyemi added that the state Commissioner of Police, CP Lanre Bankole, has directed that the suspects be transferred to the anti-kidnapping unit of the state Criminal Investigation Departments for further investigation and possible prosecution.


 

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

ACTOR BABA IJESHA APPEALS FIVE-YEAR JAIL SENTENCE FOR SEXUAL ASSAULT. (PHOTO).

-
Image
 Actor Baba Ijesha appeals five-year jail sentence for sexual assault Nollywood actor Olanrewaju James, known as Baba Ijesha, has filed an appeal against his conviction for the sexual assault of a minor. He has requested the Court of Appeal, Lagos Division, to overturn the ruling of the Lagos State High Court, which sentenced him to five years in prison. The conviction was handed down by Justice Oluwatoyin Taiwo (retd.) of the Ikeja Domestic Violence and Sexual Offences Court on July 14, 2022 to Baba Ijesha. Baba Ijesha through his counsel Kayode Olabiran on Tuesday, told the appeal court that his client was set up and that he acted according to a script that he was invited to act on by his colleague. “The Appellant was set up. The Appellant is an actor. He acted in a script that he was invited to act by his colleague (PW1), Damilola Adekoya,” he said. The Director of Public Prosecution, Dr Babajide Martins, urged the court to dismiss the appeal for lacking in merit and also a misc...
Read more