REACHER STAR ALAN RITCHSON ANNOUNCES SPLIT FROM WIFE CATHERINE RITCHSON AFTER 20 YEARS OF MARRIAGE. (PHOTO).

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 Reacher star Alan Ritchson announces split from wife Catherine Ritchson after 20 years of marriage Alan Ritchson and Catherine Ritchson have announced they are ending their marriage after 20 years together, sharing the news in a joint social media post. The couple emphasized that their focus will remain on raising their three sons Calem, 13, Edan, 12, and Amory, 10 and that they are committed to being “the strongest co‑parents we can be.”  Alan reflected on their journey, saying they “grew up together” and built a life and family that will always be central to them. In his message, Alan acknowledged the difficulty of the transition but stressed that he and Catherine will continue to share love and respect, offering each other “friendship, grace and a commitment to becoming the strongest co‑parents.”  He also asked for privacy, noting that the change is “hard enough without the whole world weighing in.” The couple’s story began in high school, when they met while taking b...
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RIBADU ORDERS CLAMP DOWN ON FOREX SPECULATORS AS NAIRA HITS N1, 800 TO A DOLLAR. (PHOTO).

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 Ribadu orders clamp down on forex speculators as naira hits N1,800 to dollar


Nuhu Ribadu, the National Security Adviser, has instructed operatives of the Nigeria Police Force, the Economic and Financial Crimes Commission (EFCC), the Nigeria Customs Service and the Nigeria Financial Intelligence Unit (NFIU), to clamp down on forex market speculators.


Ribadu noted that this is part of effort to safeguard Nigeria’s foreign exchange market and combat the activities of speculators, both domestic and international, operating through various channels.


Ribadu spoke through Zakari Mijinyawa, the head of strategic communications in the Office of the National Security Adviser, in Abuja, on Tuesday.


He maintained that the NSA had to wade in at this time as some individuals and organisations had continued to undermine proactive measures of the CBN to stabilise the foreign exchange market and stimulate economic activities.


“In a concerted effort to safeguard Nigeria’s foreign exchange market and combat speculative activities, the Office of the National Security Adviser (ONSA) and the Central Bank of Nigeria (CBN) are joining forces to address challenges impacting the nation’s economic stability.


“The CBN’s proactive measures to stabilize the foreign exchange market and stimulate economic activities have been commendable.


“However, the effectiveness of these initiatives is being undermined by the activities of speculators, both domestic and international, operating through various channels, thereby exacerbating the depreciation of the Nigerian Naira and contributing to inflation and economic instability.


“Recall that, to address the exchange rate volatility, the CBN initiated a comprehensive strategy to enhance liquidity in the forex market, including unifying FX market segments, clearing outstanding FX obligations, introducing new operational mechanisms for Bureau De Change operators, enforcing the Net Open Position limit for commercial banks, and adjusting the remunerable Standing Deposit Facility cap.

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