Amos Oge Kalu, Author at OHAFIATV

Oct

04

2024

CBN Unveils New Foreign Exchange Code to Stabilize Naira

Business, Economy, NewsBusiness, CBN, Economy, Naira

The Central Bank of Nigeria (CBN) has introduced a fresh Foreign Exchange Code to guide participants in the country's FX market, aiming to stabilize the Naira. This move is part of efforts to regulate Nigeria's financial system and supervise the foreign exchange market in line with global best practices. The new FX Code is built around six core principles: Ethics: Promoting transparency and accountability Governance: Ensuring effective oversight and management Execution: Facilitating efficient and timely transactions Risk Management and Compliance: Minimizing risks and ensuring adherence to regulations Information Sharing: Encouraging open communication among market participants Confirmation and Settlement Processes: Streamlining…

Oct

04

2024

By Amos Oge Kalu

Tinubu Urged to Intervene in Rivers LG Poll Crisis, Call IGP, Wike To Order

News, Opinion, PoliticsNyesom Wike, Opinion, Police, Politics, Rivers State, Siminalayi Fubara

A chieftain of the All Progressives Congress (APC), Chief Eze Chukwuemeka Eze, has called on President Bola Tinubu to intervene in the crisis surrounding the Rivers State local government election. Eze accused the Nigeria Police and Minister of the Federal Capital Territory, Nyesom Wike, of colluding to frustrate the electoral process. In a statement, Eze condemned the police's invasion of the Rivers State Independent Electoral Commission (RSIEC) premises, describing it as unprofessional. He also criticized Wike's alleged machinations to sabotage the election, citing the PDP's withdrawal from the polls as evidence of cowardice. Eze stated, "Wike's desperation stems from his…

Oct

04

2024

By Amos Oge Kalu

Rivers LG Election: Fubara Defies Police, Insists Polls Must Hold

News, PoliticsPolitics, Rivers State, Siminalayi Fubara

Rivers State Governor, Sim Fubara, has taken a bold stance on the upcoming local government elections, declaring that they will proceed as scheduled despite the police's attempts to stop them. Fubara accused the Inspector General of Police, Kayode Egbetokun, of bias towards the election and insisted that nothing will prevent the polls from holding. The governor's defiance comes after the Rivers State Police Command vowed not to allow the election to take place, citing a restraining order and a federal high court judgment. However, Fubara argued that the court ruling only prevents the police from providing security, not from holding…

Oct

04

2024

By Amos Oge Kalu

Police Arrest Two Women For Buying Baby For N2 Million In Delta State

Lifestyle, Metro, NewsCrime, Lifestyle, Metro, Police

Two women, Tessi Ikechukwu and Lauretta Akomen, were arrested by the Delta State Police Command for buying a newborn baby boy for N2 million from a baby factory in Port Harcourt, Rivers State. The dramatic arrest occurred when a commercial motorcycle rider overheard the women discussing the transaction and swiftly diverted them to the Ekpan Police Station. According to the police spokesperson, Bright Edafe, the rider reported that four women had boarded his tricycle, but two alighted at Effurun Roundabout, handing over the baby to the remaining passengers. One of the women mentioned that the balance had been paid and…

Oct

01

2024

By Amos Oge Kalu

Ohanaeze Ndigbo Insists Her Next President Must Come From Rivers State; Cautions SE Govs.

News

WARNS 2 SOUTHEAST GOVERNORS AND OTHERS AGAINST OBSTRUCTING THE EMERGENCE OF THE PRESIDENT GENERAL ZONED TO RIVERS STATE The Apex Igbo Socio-Cultural Organisation, Ohanaeze Ndigbo, expresses its profound gratitude to all sons and daughters of Igbo lineage, both within our homeland and across the globe, for their unwavering commitment to the observance of the 2024 IGBO DAY held at many worship centers across the globe on Sunday 29th September 2024. This momentous occasion reached its zenith with a resounding call for strict adherence to the provisions of the Ohanaeze Ndigbo Constitution. It is paramount to recognize that, as explicitly stipulated…