A PRIEST IN ANAMBRA STATE WEDDED A COUPLE YESTERDAY, DESPITE DISPUTES WITH THE BRIDE’S FATHER. (PHOTOS).

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 A priest in Anambra State wedded a couple yesterday, despite disputes with the bride’s father In a video circulating online, the Reverend Father narrated that The father of the bride who is from Nteje had insisted that the wedding should not take place unless his daughter swøre never to associate with his mother whom he has a quarrel with. The conflict arose from past marriage issues between the father and her mother. Before the wedding, the father repeatedly met with the priest, warning that he had already taken the bride's mother to a deity and that the girl must follow him to the shrine to appease that deity before the marriage can go on. For peace to prevail, the priest advised the couple to comply with all the father’s requests so the wedding could proceed, the priest even donated some of the items that the brides father told her to bring to use in appeasing the deity. However, when they reached the shr|ne, the father suddenly changed his demand, insisting the daughter take a...
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NIGERIA'S FOREIGN RESERVES DECREASE TO $24BN RECORD LOW IN 2024- IMF. (PHOTO).

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 Nigeria’s foreign reserves decrease to $24bn record low in 2024 – IMF


International Monetary Fund says Nigeria’s foreign reserves dropped to a record low of $24 billion in 2024 from $33 billion last year.


IMF’s latest country report for Nigeria disclosed this, signalling potential challenges for Africa’s largest economy.


It noted that the first half of 2023 witnessed a surplus in the current account, yet there was a notable decline in reserves.


“Through 2024–25, the financial account will likely deteriorate, with no projected issuance of Eurobonds, large Fund and Eurobond repayments of $3.5 billion, and portfolio outflows.


“Hence, despite a current account surplus, officially reported reserves are projected to decline to $24 billion in 2024 before increasing again to $38 billion in 2028 as portfolio inflows resume,” the report stated.


But Central Bank of Nigeria data showed Nigeria’s foreign reserves stood at $33.12 billion as of February 8, 2024.

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