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I WILL GIVE N2M EACH TO 20 OLD CLASSMATES WHO ARE NOT WELL TO DO –OBI CUBANA

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Popular businessman, Obi Iyiegbu, widely known as Obi Cubana has set many tongues rolling as he donates millions of naira to support his old classmates who are not well to do.

The billionaire business man made this promise during his class reunion party, 30 years after they went their separate ways. Many of his secondary school friends and their family were in attendance as they all have fun in Abuja.

It was reported by Tunde Ednut that Obi Cubana took care of transportation, hotel and feeding of everyone that came for the reunion.

While delivering his speech, Obi Cubana said life is not just about taking pictures on instagram and making people feel like you have made it in life. He said some of their old classmates are going through some challenges in life. Hence, he proposed that those who are financially capable among them should assist this set of people.

He urged his colleagues who are financially capable to set-up a trust fund to assist their old classmates who are not well to do. He added that giving comes from the heart and one doesn’t have to be very rich before giving to those in dire need.

Obi Cubana said there are quite a number of successful people in their set. He counted no fewer than three professors, a Senior Advocate of Nigeria and other successful people in the gathering and he charged them to render financial assistance to their old classmates who are struggling.

From his own pocket, Obi Cubana donated N40,000,000 to support the project. He said that the N40m will be disbursed to 20 of his old classmates; two million naira to each of them. He also enjoined people to not get intimidated by his donation because the goal is to help their old classmates who are in need.

“I will support this noble cause by picking up twenty people. When you identify these 20 people from the poor amongst us, I will give them N2 million each which is N40m. Don’t be intimidated by anything, we are not giving because we have but because God has enabled us to do so. If you have N10 put it there, if you can do more than me, be encouraged to do so.”

Pictures from the reunion

 

“… whether you have or not, you can collect from A and give to B just to make life better for all of us. God has destined this world that everybody can never be rich, it is not possible but we can make everybody comfortable. God will now decide whom he wants to make rich” –he said.

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Rivers Assembly Suspends Impeachment Move Against Fubara After Tinubu’s Intervention

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The Rivers State House of Assembly has officially suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following President Bola Tinubu’s intervention.

The House moved the motion to halt the impeachment process on Thursday at its resumed sitting in Port Harcourt, the state capital.

JomogNews had reported that during its first sitting of 2026, the House had begun impeachment proceedings against the governor and his deputy over allegations of gross misconduct, including the demolition of the State Assembly complex and alleged spending without legislative approval, among other claims.

More details later….

 

 

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Reserves Surge To $48.5bn As Nigeria Reclaims 2013 Peak Levels

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Nigeria’s foreign exchange (FX) reserves have reached $48.5 billion, their highest level in nearly 13 years.

This milestone, confirmed by data from the Central Bank of Nigeria (CBN), surpasses previous multi-year peaks and represents the strongest balance since May 14, 2013, when reserves stood at approximately $48.51 billion.

However, the data showed that the foreign reserves increased steadily by 6.45 percent or $2.94 billion year-to-date, from $45.56 billion reported on January 1 to $48.5 billion.

Further checks showed that the FX reserves figure was $48.36 billion on Monday.

According to the CBN, FX reserves are assets held on reserve by a monetary authority in foreign currencies, which are used to back liabilities and influence monetary policy.

On December 22, 2025, the apex bank projected that the country’s external reserves would rise to $51.04 billion in 2026, saying the increase will be supported by FX reforms.

“Reforms in the foreign exchange market are expected to sustain exchange rate stability, while external reserves are projected to increase to US$51.04 billion,” CBN said.

On February 10, Olayemi Cardoso, governor of CBN, said the bank will do “whatever it takes” to safeguard the value of the naira, while strengthening the country’s external reserves.

Looking ahead to 2030, he said the CBN’s targets include achieving single-digit inflation and growing foreign exchange (FX) reserves driven by non-oil exports, foreign direct investment, and diaspora remittances.

 

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Ogun Police Launch Investigation Into TikToker Mirabel’s Sexual Assault Claims

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The Ogun State Police Command has launched an investigation into sexual assault allegations made by a TikToker known as Mirabel (@mirab351), who is currently receiving treatment in an Intensive Care Unit (ICU).

The case gained widespread attention after she posted emotional videos on Monday, February 16, detailing an attack she claimed occurred at her home the previous Sunday.

The command’s Public Relations Officer, Oluseyi Babaseyi, disclosed the development on Thursday while speaking on The Morning Brief.

Babaseyi confirmed that Mirabel voluntarily visited the Ibafo Police Division on Tuesday, February 17, to lodge a formal complaint and was subsequently admitted to the hospital for medical care due to her unstable condition.

“When the DPO in Ibafo met with her, she was taken to the hospital for medical analysis. She wasn’t as stable as necessary, but we ensured the investigation continued.

“As we speak, she is in the intensive care unit getting appropriate care. Her medical well-being is more important to us at this point. When she is stable, we can now continue investigations and get the necessary facts,” Babaseyi said.

According to Babaseyi, the incident reportedly occurred in Ogijo, a border community between Ogun and Lagos states.

The police have established that Mirabel was not arrested, but rather, she is being treated as a victim.

The command urges individuals with useful information to come forward and assist with the investigation.

“She was not arrested by the police. She reported a case, and we are investigating. Nothing like her arrest happened,” he said.

“If the allegation is established to be true, the perpetrator will be arrested and charged to court appropriately. Otherwise, the law also addresses giving false information,” the police stated.

The police said they will rely on evidence to reach a logical conclusion and take appropriate action.

“We advise people not to jump to conclusions based on emotions. We are investigating and will rely on evidence to reach a logical conclusion,” Babaseyi said.

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