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Naira Revs Up To N403 Per Dollar In Parallel Market

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The naira, on Monday, appreciated to N403 per dollar in the parallel market following indication that the CBN will sell $20,000 to each BDCs this week, up from the $10,000 usually sold to each BDC.

Though the naira closed N397 per dollar Friday previous week in the parallel market, it however depreciated to N405 per dollar on Saturday.

Can this Naira survive the storm ? Gwadabe blamed the depreciation on inflow of illicit money which he said is driving up demand for dollars. He warned BDC operators to avoid being used in the laundering of such illicit money, saying that ABCON will impose heavy sanction on any operator involves in such illegality.

Commenting on the N450 million cash discovered in an abandoned BDC premises in Lagos  shop on April 7 Gwadabe said that investigation into the matter was ongoing and still under the security purview.

He assured that as soon as investigation was concluded, the press would be briefed accordingly. “We have identified the characters involved and we are going to write them to invite them. “The reason we call this meeting is to say that we condemn it in entirety.

He urged members to desist from such act since it was an abuse of Know-Your -Customer (KYC). Even if you are a member and you are found with N500m, that is total abuse of KYC, total abuse of the cash transfer report, it is total abuse of the suspicious transaction report and that is the message we have told our members that they must respect those compliances.”⁠⁠⁠⁠

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Daddy Freeze, Akah Nnani clash over Emmanuel Iren

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Daddy Freeze, the media personality, has reacted to actor Akah Nnani’s call for prayer for him.

The controversy began when Peter Obi, former Anambra governor, urged Nigerians to prioritise work over vigils in order to improve productivity.

Emmanuel Iren, founder of Celebration Church International, opposed Obi’s advice, prompting Freeze to criticize the cleric for defending night vigils and claiming he supported the practice because it is his “source of income”.

In a now-viral video, Nnani described Freeze as a “lost soul” dealing with “church hurt”

The actor also urged Christians to pray for the media personality. Nnani claimed the Holy Spirit instructed him to pray for Freeze.

“This is not a usual video and I believed that I was told to do it and I didn’t want to procrastinate. It happened randomly, I was praying and the holy spirit says pray for Daddy Freeze,” he said.

“It came on my radar couple of days ago when he picked on a pastor I love, care about and I know he is a genuine man of God.

“I could have responded out of anger but I decided not to but in my prayer time the holy spirit just told me to pray for him. I believe as Christians if we pray more for people than attack we would see more results.

“So I’m going to call on every Christians to join me as I pray for Daddy Freeze and everyone dealing with church hurt.”

Freeze responded, arguing that Obi’s opinion on vigils is “valid”. He suggested that Nnani “needs the prayer more”.

The media personality also implied that Iren’s defense of night vigils is “self-serving”.

“Dear Akah, pray for Iren and for yourself. You need it more. Peter Obi made a valid point about night vigils,” he wrote.

“Iren tried defending his enterprise. All Iren’s boys are now running kata kiti trying to defend the indefensible.”

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Why would you post pictures in your underwear? – Portable out calls Tiwa Savage

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Nigerian singer Portable has raked reactions on social media after calling Tiwa Savage out for posting pictures in her underwear at 40 years old.

During his recent TikTok live stream, Portable, who is known for his outspoken personality, questioned the appropriateness of Tiwa’s posts, particularly given her status as a mother and her age.

“I’ve noticed something; someone needs to talk to Tiwa Savage, please. Tell her to calm down o. I’ve been listening to her music since I was small now I’m a father and mummy Tiwa savage is still posting pictures in her underwear. Only panties? Is it good for a mum to post pictures in her underwear?”

Despite his criticism, Portable admitted Tiwa Savage appeals to him, describing her as a “bad girl” who has maintained her appeal since her younger years.

“E dey enter my eye, make I no lie. The day I met Tiwa Savage and I hugged her, it felt like I hugged a mermaid and was being swept away. But someone should tell her to calm down with the naked outfits.”

In between hysterical laughter, the singer added, “Tiwa Savage, I swear to God, you’re appealing to me. you’ve been bad since you were 19 and you’re still a bad girl at 40, you’re still wearing panties at 40.”

His remarks sparked reactions from social media users, with some slamming him and others expressing their support for his views.

An outraged Instagram user asked, “What level of disrespect is this?”

“I actually don’t think he means any harm. He’s just not emotionally intelligent. So he lacks the methodology to communicate his message appropriately. He’s basically saying Tiwa’s dress sense is becoming ‘fighting temptation’ in a nutshell,” another person wrote.

Another comment read, “He should be shut.up..Tiwa savage is an entertainer…if nicki minaj did the same u would not talk.”

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AY Makun, Basketmouth discuss their 17-year feud

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AY Makun and Basketmouth have made their first public appearance together, marking a new chapter after their 17-year feud.

The rift between the two prominent comedians began in 2006 over unpaid performance fees and intensified in 2022, with both avoiding each other publicly.

In March 2023, AY claimed Basketmouth had yet to pay him for a show he anchored for him. Responding, Basketmouth described his colleague’s account of the incident as “lies”.

However, following Basketmouth’s apology in 2023, both comedians have put aside their differences.

In the latest episode of the ‘Glass House with AY‘ podcast, the comedian argued he did not get the money for the show while Basketmouth maintained that he was paid.

AY also shared insights into his prolonged rift with Basketmouth.

“I did not know when the fight started. I just noticed it started. Every day I wake up thinking it is a normal thing, boys will be boys and like that, it grew into several years,” he said.

“Then the third year, it seems like people were spreading more rumours about the feud till it lasted that long. It lasted too long”.

AY emphasised the feud’s impact on younger comedians. “Our feud caused some damages because in a way we were like providers for people,” he said.

Basketmouth added: “Most times people swear allegiance by default. So when we were not on good terms some people made it their business”.

“…A comedian called me to tell me AY reached out to him for a gig and was asking if it was okay to work with AY. I told him it was okay and I was happy it happened because people would know it was okay to work for either of us because it was about more money and opportunities.

“There was a guy who picked a side and came at me. Now that we are cool, he would be confused. It is collaboration over competition.”

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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