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Olumba Olumba reveals major reason for killings in Nigeria

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The sole spiritual head of the Brotherhood of the Cross and Star, Leader Olumba Olumba Obu, has said that the greed of Nigeria’s leaders is at the root of all the killings in the country.

Addressing a press conference in Calabar, the Chairman of the Publicity Committee of Heavenly Father, the Christ Ambassador Ogar Osim, who represented Leader Olumba Olumba Obu, emphasised that the problem of the country was that political leaders are not sincere but extremely greedy.

“If you look at this Boko Haram issue, it’s because of greed and traceable to political reasons. If you observed what is happening in the country, you will see that, when a particular leader comes up, there will be one issue or the other.

“There was a time when Niger Delta boys were vandalizing pipe lines, kidnapped people and doing a lot of negative things, after a while, Boko Haram surfaced and all these things, if we must tell ourselves the truth, boiled down to the fact that our leaders are not sincere.

“Why our politicians are doing this, is because, they want to be heard, they want to be the only people in control of our resources and all that, but if we take the teaching of our father, of love, of benevolent, and leave greed, selfish, and we put whatsoever we had for the masses, we will have peace.

“So if Nigerian politicians, our leaders, whether political, religious, traditional leader and all that, if they can toe the footsteps of our father, they will be no killing anywhere, all these things will be the thing of the past,” he stated.

Olumba Obu maintained that because of these incessant killings and insecurity, the father established 12 thrones and “with these 12 thrones, he has demonised every throne on earth.

“The impact of this throne was felt two weeks back, the pronounced caused the collapsed of all the thrones, we heard of the splitting of Kano Kingdom into four, we in Brotherhood of the Cross and Star, we know that it is the vibration of what the father did.

“If you trace the history of Kano Kingdom, you will realised that it is not something you can do in one day without Kano burning to ashes, but Kano is still there, have you asked yourself, it is not beyond political reasons, it has to do with the vibration of the holy spirit and that is going to be the end.

“Now that he has started with the establishment of the twelve thrones, before the event come to an end, the father will destroy all those earthly thrones because that is where they sit to plan some of these evils, all these killing, kidnapping, the father is gradually taking control and I tell you finally Nigeria will be at peace.

“In the month of April, the father, leader Olumba Olumba Obu, the King of King, the Lord of Lords unveiled another mystery in line with his mission to consolidate man’s salvation, he called it Heavenly Father.

“If mankind, Nigerians listen to the teaching of our father, we should stop killing, we should stop being greedy, the strong should protect the weak, those in leadership position should not take everything to themselves, they should ensure that it reach everybody,” he pleaded.

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Economy

Naira Makes More Recovery, Sells at N1,453/$1

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The Naira continued its appreciation at the official market on Thursday, March 21, 2024 to close at N1,453.28/$1, according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM).

This represents an appreciation of N39.33 when compared to the N1,492.61/$1 it closed on Wednesday, March 20, 2024.

The intraday high was N1,598/$1, while the intraday low was N1,300/$1, representing a wide spread of N298/$1.

Similarly, the Naira appreciated against the dollar at the parallel window to trade at N1,500/$1, this represents an appreciation of N20.00 as against the N1,520 /$1 it traded the previous day.

The Naira also appreciated slightly against the British Pound to trade at N2,000/£1 as against the previous trading day’s price of N2,020/£1 representing a gain of N20 for the local currency.

The Canadian dollar, however, closed flat against the naira to trade at N1,270/CA$1 same as the N1,270/CA$1 it traded the previous day representing a decline of N20 in the local currency.

The Naira gained N30 against the Euro to trade at N1,670/€1 as against the previous closing price of N1,700/€1.

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Economy

Naira Gains Against Dollar, Trades at N1,603/$1

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The Naira, Tuesday continued its recovery against the American dollar as it traded at N1,603.38/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has shown.

This represents a gain of N15.48 when compared to the N1,617.96/$1 it closed on, on Monday, March 11, 2024.

The intraday high was N1,637/$1, while the intraday low was N1,425.35/$1, representing a lean spread of N211.65/$1.

Meanwhile, the Naira gained N12 against the dollar at the parallel market as the local currency appreciated to N1,603/$1 as against the N1,615 /$1 it traded the previous day. As it stands, the naira is trading at the same rate at both official and parallel windows.

The Naira, however, slumped against the British Pound to trade at N2,050/£1 as against the previous trading day’s price of N2,030/£1 representing a loss of N20 for the local currency.

After about two weeks of closing flat against the Canadian dollar, the naira slumped massively to trade at N1,300/CA$1 on Tuesday, representing a decline of N150 when compared to the N1,150/CA$1 it traded the previous day.

The Naira lost N35 against the Euro to trade at N1,740/€1 as against the previous closing price of N1,705/€1 representing a loss of N35 for the local currency.

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Economy

Binance to Close Shop in Nigeria, Stops Transaction, Trading in Naira

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By Reuters – Binance will stop all transactions and trading in Nigeria’s local currency after March 8 amid a country-wide crackdown on crypto exchanges that have been blamed by authorities for feeding a black market for foreign exchange.

It will stop supporting withdrawals after Friday and any remaining balances in Nigerian Naira will be automatically converted into Tether – a stablecoin whose value is pegged to the U.S. dollar.

Last week, Nigerian authorities detained two Binance senior executives on undisclosed charges as part of the crackdown.

They were still in custody, their local lawyer said before a parliamentary committee on Monday.

Source: Reuters

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