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Buoyed by sustained forex earnings, Nigeria’s external reserves hit 2-yr high at $31.2bn

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Nigeria’s external reserve has risen to a two-year high of $31.2 billion even as the naira appreciated to N367.5 kobo at the Investors & Exporters (I&E) window. Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the window, also known as, Nigeria Autonomous Foreign Exchange, NAFEX, dropped from N368.17 per dollar on Tuesday to N367.5 per dollar yesterday, translating to 67 kobo appreciation for the naira. This is in contrast to the N1.73 depreciation suffered by the naira in the market in the first two days of the week. The naira however remained stable at N366 per dollar in the parallel market exchange rate. Meanwhile data from the Central Bank of Nigeria (CBN) revealed that the reserve rose to $31.2 billion on Monday August 8 from $30.88 billion on August 1st. Since July 2015 when it rose to $31.46 billion, the external reserve declined steadily till October 2016. From $23.89 billion on October 19 2016, the reserv...
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Apostles Suleiman pays girls N400,000 per night - Otobo

The Omega Fire Ministries, yesterday, denied that the General Overseer of the church, Apostle Johnson Suleman had a hands in the arrest and detention of Canada-based Nigerian Miss Stephanie Otobo by the police last Friday, March 3, 2017. But Stephanie Otobo in a new video obatined by Saharareportes alleged that Apostle Johnson Suleman wanetd her dead and that he pays the sum of four hunderd thasuand naira to any lady he sleeps with. Otobo said that she had an affair with Apostle John Suleman and he tried to kill her. Stephanie Otobo yesterday also released a series of raunchy screenshots of her videocam chats with Apostle Suleman as evidence to support her claims of a raunchy relationship with him.
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Why I am relocating my ministry to Israel - TB Joshua reveals (photos)

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- The man of God revealed that Israeli government offered him both the and facilities  - TB Joshua further explained that the relocation would help people appreciate what his ministry has been contributing to the Nigerian economy Controversial Nigerian man of God, Prophet TB Joshua has taken everyone by surprise as he openly declared his intentions to move his ministry to Israel.  Ndubisi Blog came up with the fact that TB Joshua made this revelation on Sunday, April 30, in church. He added that the he has been offered both land and facilities in an area around the biblical site of the Sea of Galilee so he can organize meetings for international pilgrims.  He said: “This is where my Father in Heaven came from, it’s non-negotiable. It’s the best place for you to meet Prophet T.B. Joshua. After your healing, blessing and deliverance, you can move around all the spiritual monuments which will establish your faith. This is the most persecuted ministry in the world. ...
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