Tag: Godwin Emefiele

Unknown gunmen Endorse CBN Gov, Godwin Emefiele, for President

Precious Ibekwe

Mr. Emefiele is yet to publicly declare interest but the unknown gunmen pledged to “surrender our arms” if  he emerges the presidential candidate of the APC   A group of armed men that claimed to be from the oil-rich Niger-Delta has endorsed Godwin Emefiele for president in 2023. Platforms Africa reports that the men who claimed in a video circulated on Thursday, to be members of Niger Delta Freedom Reserve Force said that the CBN governor is the only credible politician with the capacity to resolve Nigeria’s myriad of crises…

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Meet Dr. Tinuade Sanda, EKEDC First Female Deputy CEO

ADEOLA YUSUF

The Eko Electricity Distribution Company (EKEDC) has appointed Dr. Tinuade Sanda as the Deputy Managing Director of the Company. Platforms Africa reports that Sanda is the first female to be appointed as the deputy CEO in the history of the utility firm. Prior to her appointment, Sanda was the chief accounting officer, a position she occupied since 2013. READ ALSO: BREAKING: National Grid Collapses, Plunges Nigeria Into Darkness I Am Angry With State of Nigeria’s Power Sector – Buhari Why We launched Energy Club For Lagos School Girls – EKEDC…

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AFCON: $50,000 for 1 goal, Billionaires Rain Dollars on Super Eagles

ADEOLA YUSUF

$250,000 from Otedola, $50,000 from Onyeama, lift Cup, smile to the Bank, CBN Governor tells Eagles at Camp in Cameroon   Super Eagles players will get $50,000 for one goal scored during the knockout stage. This is asides the $80,000 they have already earned for the goals they scored in their last three matches in the group stage at the ongoing Africa Cup of Nations in Cameroon. Platforms Africa reports that Governor of the Central Bank of Nigeria, Godwin Emefiele, broke the news to the players on Wednesday at the…

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Naira crashes to N505/$ as CBN scraps Forex sale to Bureau de Changes

Precious Ibekwe

The naira fell slightly to the dollar at the parallel market few hours after the Central Bank of Nigeria on Tuesday announced the discontinuity of forex supplies to the Bureau de Change Operators in the country. The CBN Governor, Godwin Emefiele, announced the end of forex sales and new licence approval after the Monetary Policy Committee two-day meeting in Abuja on Tuesday. He expressed the MPC’s disappointment over their continuous abuse of the privilege. At the end of the meeting, the MPC retained the lending rates and other parameters. READ…

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Nigeria Downgrades Naira to N410.25/dollar, inflation rate hits 4 year-high

Precious Ibekwe

Nigerians are having to contend with the highest inflation rate in four years, the second-highest unemployment rate on a list of 82 countries   Nigeria’s central bank devalued the naira by 7.6% against the dollar as authorities in Africa’s biggest oil producer migrate toward a single exchange-rate system for the local currency.   READ ALSO: Naira Sheds N2, Downgrades To N480 per $1 JUST IN: Nigerian Journalist Who Slapped Interviewee In ViralVideo Arrested ‘Surety for Ogun Governor’s aide arrested in US also a suspected fraudster’   The Abuja-based Central Bank…

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Too early to hike key interest rate from 11.5%, Experts caution Nigeria

Damilola Olonade

Nigeria records economic growth pick up first time in One Year as Oil, Factory Output Rise   Nigeria’s economic growth quickened in the first quarter as oil output started to recover and manufacturing production increased for the first time in a year. This, however, come with a caveat from experts who stated that despite the pickup in growth, it is still too early to increase the key interest rate from 11.5%. This same view was raised by the Governor of Central Bank of Nigeria, Godwin Emefiele.   READ ALSO: Nigerian…

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