TRAGEDY AVERTED AS 120-YEAR-OLD ANCESTRAL TREE FALLS AT OBOSI MARKET. (PHOTO).#PRESS RELEASE.

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 Tragedy Averted as 120-Year-Old Ancestral Tree Falls at Obosi Market By Chiedu Okoye A major tragedy was averted at Eke Obosi Market in Idemili North Local Government Area of Anambra State after a 120-year-old ancestral tree collapsed, destroying shops and goods but leaving traders and visitors unharmed. The massive tree, estimated to be about 150 feet tall, fell within the market premises, damaging at least 12 shops and valuable merchandise. Residents and traders described the incident as miraculous, noting that no lives were lost despite the extent of the destruction. The fallen tree held significant cultural importance as a sacred symbol of Eke Obosi Market, which is regarded as a stronghold of the traditions and cultural heritage of the Obosi people. Beyond serving as a centre for commercial activities, the market is also known as a venue for communal traditional rites and ceremonies. Eke Obosi Market was recently rebuilt and modernised by renowned businessman, politician and ...
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CBN DENOUNCES FAKE CONTRACTS AND GRANTS, WARNS NIGERIANS OF FRAUDULENT SCHEMES. (PHOTO).

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 CBN Denounces Fake Contracts and Grants, Warns Nigerians of Fraudulent Schemes


The Central Bank of Nigeria (CBN) has dismissed claims of contracts and grant awards circulating among the public, labeling them as fraudulent schemes designed to deceive unsuspecting Nigerians.


In a statement issued on Monday by Acting Spokesperson Hakama Sidi-Ali, the apex bank cautioned citizens against falling prey to individuals and groups falsely claiming to represent the CBN in offering contracts, grants, or financial interventions. The bank clarified that it does not initiate such offers through unsolicited communications, including emails, phone calls, SMS, WhatsApp, or social media platforms.


The CBN further emphasized that it does not request fees for contracts, grants, or financial services, nor does it engage intermediaries or third parties to facilitate such opportunities. Despite a public advisory issued on November 18, 2024, through official channels and media outlets, these deceptive schemes have persisted, prompting renewed warnings.


“The CBN has not authorized, licensed, or appointed any individual, group, or organization to act as an agent or intermediary in offering contracts, financial grants, or intervention funds,” the statement read. The bank urged the public to report any suspicious claims to law enforcement agencies or the nearest CBN branch immediately.


Reaffirming its commitment to protecting Nigerians’ financial interests, the CBN said it is collaborating with security agencies to investigate and curb these fraudulent activities. The bank advised heightened vigilance to avoid falling victim to such scams.

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