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Nigeria ’s financial landscape is experiencing a remarkable turnaround, driven by a stronger naira and an impressive surge in the stock market . After months of instability, currency depreciation, and investor concerns, recent indicators reveal a more promising outlook for Africa’s largest economy . The official foreign exchange market has recorded a major appreciation of the naira, which now trades at around ₦1,421 per US dollar . At the same time, the Nigerian stock market has posted a cumulative ₦35.07 trillion gain in market capitalization within just the last ten months. These two developments are boosting confidence across sectors, generating optimism among investors, and signaling potential recovery momentum for Nigeria’s broader economy. A Stronger Naira: Signs of Stability Returning For many Nigerians, the value of the naira is more than just a number—it determines the costs of food, fuel, transportation, school fees, and virtually every essential commodity. The recent...

Update: Kidnappers told me they killed my son after paying ransom twice - Bauchi lawmaker (video)

 

Update: Kidnappers told me they killed my son after paying ransom twice - Bauchi lawmaker (video)

Mustapha Bala Ali, son of Bala Ali Lukshi, a member representing Dass Local Government in the Bauchi State has been murdered after collecting ransom twice.

 

According to a source the kidnappers abducted Mustapha in Dass, and demanded millions of naira for his release.


The lawmaker told Labari Daga Bauchi on Tuesday, that after paying ransom, the kidnappers told him where he will find his son.

 

"After reaching there, we could not find anyone. We were making phone calls with those people. They collected the money they asked me to bring, but later told me that I submitted the money late and I needed to add more," the lawmaker said although he did not reveal the amount paid.

 

"I was one day late ahead of their deadline because the money was not complete then. They threatened to kill the boy. At that point, I added another money for them as they requested,"  he said.

 

“The last time we spoke was eight days ago, and from then they were not specific in all their conversations. I even pleaded with them that his mother wanted to hear his voice but they failed to connect us with him.”


The lawmaker added that the terrorists at a point told him they have killed his son and subsequently, they refused to pick up his calls.

 

"That is why I asked our Liman to proceed with a funeral service for him even if he will return afterwards. Although I am not certain about his death, I’m hopeless for now." he said. 

 

Update: Kidnappers told me they killed my son after paying ransom twice - Bauchi lawmaker (video)Update: Kidnappers told me they killed my son after paying ransom twice - Bauchi lawmaker (video)Update: Kidnappers told me they killed my son after paying ransom twice - Bauchi lawmaker (video)Update: Kidnappers told me they killed my son after paying ransom twice - Bauchi lawmaker (video)

 

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