News
We have lost 115 persons to prolonged crisis in Toto – Nasarawa ethnic group alleges
The Gbagyi ethnic group in Toto Local Government Area of Nasarawa State claimed it has suffered significant losses due to the prolonged Bassa and Egbura ethno-political crises in the region.
According to the Gbagyi Cultural Renaissance Foundation (GCRF), 115 Gbagyi members have died, and properties worth hundreds of millions have been destroyed since the conflict began in 1997.
In a statement issued after an emergency meeting held on Saturday in Toto and signed by GCRF Secretary Musa Dnasuwa, the group expressed deep concern over the continuous attacks and intimidation faced by the Gbagyi people.
GCRF pointed out that the crisis has caused the extinction of several ancestral Gbagyi homes and the loss of farmlands, leading to a socio-economic downturn for the community.
The group lamented that the Gbagyi people, who have maintained a stance of non-retaliation despite provocations, are now perceived as weak, resulting in further victimisation.
“There are questions in some quarters whether the remnants of Gbagyi people in some villages are indigenous to Toto LGA; hence, a pseudo-enslavement policy aimed at our people is being enacted,” the statement reads in part.
The group also condemned attempts to involve the Gbagyi people in the Bassa-Egbura conflict and called for an immediate end to the violence.
The group urged the state government to establish a reconciliation committee to address the issues and restore peace.
GCRF then praised Governor Abdullahi Sule for his efforts in maintaining peace and security in Nasarawa State and called for increased security measures to protect the Gbagyi community and allow displaced persons to return home.
By Kayode Sanni-Arewa
Prince Funso Ayeni, an Ikole born philanthropist and politician has donated the sum of N1,000,000 for the support of one Esther Fisayo Aluko Medical needs.
Fisayo Aluko, an Indigene of Ikole LGA part of Ekiti State is currently in need of fund running to millions of Naira to carry out a kidney transplant.
Prince Funso Ayeni made his support known via a Whatsapp platform created for the Indigenes of the LG.
“Good afternoon great citizens,
I am Prince Funso Ayeni (PhD)
I am deeply touched by the condition of Esther Fisayo Aluko, a young lady from Ikole Ekiti, battling kidney issue.
On behalf of myself, my family, and the entire Funso Ayeni Foundation (FAF), I have donated ₦1,000,000 (one million naira) towards her medical treatment ( receipt attached).
“I also appeal to our brothers and sisters from Ikole Local Government, both in and out of government, to rally their contacts and resources to support this urgent cause.
“Together, we can give Esther a chance to live a healthy life again.
By Kayode Sanni-Arewa
The naira is exchanging for ₦1,498 to 1 US Dollar at the parallel market (black market) in Nigeria.
This means that for every one dollar, you can get the equivalent in naira of ₦1,498 on February 26, 2025.
The black market rate signifies the value at which individuals can trade their dollars for naira outside the official or regulated exchange channels.
Note that the Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government
Today’s February 26 exchange shows that the naira has improved against the dollar, as it strengthened compared to what it traded on Tuesday, February 25, when the naira exchanged ₦1,499.
The value of any nation’s currency is determined by aggregate supply and demand.
The forces of supply and demand are themselves influenced by a number of factors, including interest rates, inflation, capital flow, and money supply.
The most common method to value currency is through exchange rates. The two main exchange rate systems are fixed rate and floating rate systems.
Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics
By Kayode Sanni-Arewa
The Chairman of FBN Holdings, Femi Otedola, has hosted music icons Burna Boy and Wizkid at his Lagos residence.
Otedola disclosed this in a post on his X handle on Wednesday.
Sharing a photo from the gathering, Otedola described the meeting as a privilege, expressing admiration for the impact of Afrobeats on the global stage.
He wrote, “A true privilege to host some of our biggest music icons @wizkidayo @burnaboy at my Lagos home. Always inspiring to share ideas and celebrate the global movement that is Afrobeats …F.Ote”.
Reacting to the post, Netizens applauded the gathering, describing it as a gathering of talent and vision
An X user, Ken Giami, who tweets as #ken_giami, “An incredible gathering of talent and vision! Afrobeats continues to shape global culture, and it’s always inspiring to see icons like #wizkidayo and #burnaboy leading the movement. Here’s to more growth and global impact!
Funso Ayeni donates N1m, appeals to citizens to support Fisayo Aluko medical needs
Naira again falls against Dollar – February 26
Billionaire Otedola Hosts Burna Boy, Wizkid, At Lagos Residence (Photos)
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