MARK CONSUELOS DETAILS 'BRUTAL FIVE-MONTH SAGA' BEFORE HIS FATHER'S DEATH: 'I MISS MY DAD'. (PHOTO).

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 Mark Consuelos details 'brutal five-month saga' before his father's death: 'I miss my dad' Mark Consuelos has spoken candidly about the loss of his father, Saul Consuelos, who passed away on March 23 after a long illness.  Appearing on the I’ve Never Said This Before with Tommy DiDario podcast, the Live with Kelly and Mark co-host reflected on the painful five-month period leading up to his father’s death.  He recalled knowing the end was near but admitted that the reality of the loss still hit him hard.  Consuelos shared that he was able to say goodbye while working on the Broadway play Fallen Angels, and though he later learned of his father’s passing during rehearsals, the production served as a welcome distraction. The actor explained that he had hoped for a merciful and peaceful passing for his father, which he was grateful ultimately happened quickly and without pain.  While the family has not disclosed details about the illness, Consuelos described his f...

RIBADU ORDERS CLAMP DOWN ON FOREX SPECULATORS AS NAIRA HITS N1, 800 TO A DOLLAR. (PHOTO).


 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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