NIGERIAN MAN TAKES UP THE CHALLENGE TO BE BURIED ALIVE FOR 24HOURS.(PHOTO).

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 Nigerian man takes up the challenge to be bur!ed alive for 24hours A Nigerian man who identifies as Young C has embarked on a challenge to be buried alive in a coffin for 24 hours.  He made this known in a series of posts on his Instagram page on Wednesday,  stating that the stunt was genuine and not a hoax.  He announced his intention to broadcast live footage from the coffin at night. Sharing a video on his Instagram account on Wednesday, he said, "I am going to be spending the next 24 hours buried in this casket. Guys, this is real, not fake.  "And the most amazing part is that I am going to go live by night." In a subsequent update, Young C revealed that he had been buried for over 8 hours and was experiencing physical discomfort, including excessive sweating. In an update on Wednesday evening, he said in part, "Guys, I have been buried alive for over 8 hours now. For those of you who saw my first video, I have been down here. As you can see, my camera is still
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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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