Boko Haram has established an FM radio station, according to a report monitored on the Hausa service of the Voice of America yesterday.
Residents in Tolkomari, which is in the far northern part of Cameroon, have confirmed receiving broadcast messages from the terror sect via the radio station on 96.8 frequency modulation.
The VoA report said the station broadcast mainly propaganda materials to counter media reports of victories by troops from Nigeria, Chad, Cameroon and Niger Republic against the Boko Haram militants.
The report said the Cameroonian government is worried by the new development and has commenced investigations towards locating the radio station, which is said to be on the Nigeria-Cameroun border.
Nigerians woke up to the news of Central bank’s new policy to approve interbank foreign exchange and further devalue the naira which would be pegged at N250 to $1 a decision President Muhammadu BUHARI had gone against earlier in the fiscal year.
Governor of the Central bank, Mr Godwin Emefiele in a letter to President Buhari has stipulated that, it could take three to four weeks to clear a $4 billion backlog of foreign exchange demand in Nigeria.
Nigeria had been plagued with constant gas and pipeline vandalisations from militants which hasn’t helped the country’s ailing economy either.
Compiled and edited by: Jimmy Adesanya
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