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

RANSOM WAS PAID. POLICE DID NOT RESCUE ME FROM KIDNAPPERS- IMO MONARCH SPEAKA AFTER HIS RELEASE. (PHOTO).

-



Samuel Ohiri, former chairman of the council of traditional rulers in Imo state, says the police did not rescue him from his abductors. 


Recall that the monarch was kidnapped from his residence in Orodo Mbaitoli LGA, Imo State, on Jan. 6 and was released after 13 days in captivity. 


The Imo police command said it secured Ohiri’s freedom in collaboration with other security agencies. 


Speaking with journalists on Friday, Jan. 26, the monarch said he was released after ransom was paid. 


He said: "Contrary to what the police said about my release, there is no hiding the fact that the state police never played any role. 


"I actually do not want to speak on this but I am doing it just to set the records straight. 


"I am not disputing the fact that the police may have made efforts towards my release but I am talking what I know. 


"It was my relationship with God and the help from my family people that made it possible. Although, that was after we paid ransom.” 


Recalling how he was kidnapped, Ohiri said: "I came back home to celebrate Christmas and New Year with my people in Obi-Orodo. Then on the 6th of January, I decided to visit one of my old boys and senior students of Emmanuel College Secondary School in those days.  


"But when I was coming back after visiting my friend around 8:30 pm, I met able-bodied men in front of my palace gate who came in their vehicle. 


"They double-crossed me and forced me into their vehicle. My cousin’s brother smartly introduced himself as my driver and they set him free. They now blindfolded me and zoomed off to an unknown destination. 


"I was first kept in an uncompleted building before I was transferred to another location. Within the twelve days I spent in their den, I saw hell. 


"It looked so much as if they had some scores to settle with the traditional rulers and politicians, but luckily for me, their leader came out and ordered them not to torture me, that I am a decent man. 


"Negotiations began between my people and the kidnappers which eventually resulted in setting me free after we paid the first and second ransom. 


“They later took me and another victim to Eziama Obiato


 

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