NAIRA APPRECIATES MASSIVELY AGAINST DOLLAR AA FX SUPPLY RISE. (PHOTO).

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 Naira appreciates massively against dollar as FX supply rise The naira appreciated significantly against the dollar at the foreign exchange market as FX supply increased on Tuesday. FMDQ data showed that the naira gained to N1561.76 against the dollar on Tuesday from N1635.15 exchanged on Monday. This represents an N73.39 appreciation. Meanwhile, the naira fell further against the dollar at the black market to N1780 per dollar on Tuesday. The foreign currency transaction turnover increased to $253.68 million on Tuesday. $126.24 million traded on Monday, according to FMDQ data. The last time the naira appreciated at the official foreign exchange market was last Friday when it stood at N1631.21 per dollar. Fluctuations in the FX market have been a recurring decimal despite the interventions of the Central Bank of Nigeria in the past months.
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GRÉGOIRE OWONA CALLS FOR PUNISHMENT AGAINST SPREADERS OF FALSE NEWS ABOUT PAUL BIYA'S DEATH. (PHOTO).

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 Grégoire Owona Calls for Punishment Against Spreaders of False News About Paul Biya's Death


Amid rumors circulating on social media and some news outlets about the death of President Paul Biya, the Minister of Labor and Social Security, Grégoire Owona, has urged authorities to take strict action against those spreading such falsehoods.


Grégoire Owona, visibly upset by the claims, expressed his frustration on social media. He stated:


"Those who mislead the public by announcing the death of Cameroon’s Head of State must face serious consequences for such a blatant lie. Since they lack basic human decency, the relevant authorities must act firmly against these impostors, regardless of where they are or where their messages come from. We live in a democracy, but there's a limit to cruelty and hatred."


Owona's reaction came after a persistent rumor, spread by ABS TV, a channel reportedly associated with separatists in support of the imaginary state of Ambazonia, claimed Paul Biya had died. This rumor was further shared by multiple social media pages.


President Biya, who left Cameroon in early September, was last seen attending the China-Africa Economic Forum, which concluded on September 7. Following this, he was reported to have traveled to Switzerland and was expected to attend the 79th UN General Assembly and the Francophonie summit, but he was absent from both events. Some media sources claim the 91-year-old president had surgery and is in critical condition, though no official statement has confirmed or denied this.

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