The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso disclosed that the Bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is rooted in the understanding that trust is essential to central banking.Addressing members of the Harvard Club of Nigeria in Lagos at the weekend on the topic: “Leadership in Challenging Times: Restoring Credibility, Building Trust, and Containing Inflation,” Mr. Cardoso reiterated that the CBN’s move was to enhance transparency and provide more accurate oversight of foreign exchange transactions.In his words: “Trust is the currency of central banking. If the public loses trust in the...
LABOUR PARTY SPOKESPERSON SLAMS OBI USES FUBARA AS A MEASUREMENT FOR TRUE POLITICIANS WHO IS NOT AFRAID TO FIGHT INJUSTICE.By Adeoye Olorunseun Elizabeth
Kenneth Okonkwo, Labour Party spokesperson in 2022 presidential campaign has urged Nigerians not to be loyal to any politicians or party, who is not confident to defend his vote, fight injustice or go extra mile for the nation.Okonkwo said this in a video interview while hailing Rivers State governor, Siminalayi fubara whose audaciousness of standing against the ruling party and Nigeria Police Force’s ploy to steal electoral materials in the Saturday Local Government Area (LGA) election is being celebrated.The Labour Party spokesperson applauded the temerity of Fubara who stood his ground against political manipulation and godfatherism in the Rivers state...
Lewandowski’s Hat-Trick Keeps Barcelona on Top in La Liga By Ibidunni Doyinsola
Robert Lewandowski’s brilliance secured maximum points for Barcelona against Alaves. Manager Hansi Flick opted for a 4-2-3-1 formation, starting Inaki Pena in goal despite fan calls for the new goalkeeper.Lewandowski opened the scoring in just seven minutes, assisted by Raphinha. The duo combined again in the 22nd minute, doubling Barcelona’s lead. Lewandowski completed his hat-trick ten minutes later, this time assisted by Eric Garcia.The second half remained goalless, but Barcelona dominated play, welcoming back Frenkie De Jong to La Liga action after a lengthy injury layoff.Post-match, Hansi Flick praised his players: “I think we should praise everyone in the group....
US ELECTION: TRUMP BACK AT SITE OF ATTEMPTED ASSASSIN FOR RALLY, MORE DETERMINED.
The Republican candidate in the presidential election Donald Trump has returned to Butler, Pennsylvania, where he survived an assassination attempt in July, as supporters on Saturday gathered for the rally, which came just a month before the November 5 electionReferring to the assassination, Trump told the crowd: “Exactly 12 weeks ago this evening, on this very ground, a cold-blooded assassin aimed to silence me and to silence the greatest movement – MAGA – in the history of our country.”According to the former president, he returned said to Butler to show his supporters “stand stronger, prouder, united, more determined and nearer to victory...
LAGOS STATE SECURITY TASKFORCE CONFISCATE 28 PLATE NUMBERS VIOLATING TRAFFIC REGULATIONS AT CUBANA’S NIGHT CLUB
Following Lagos State law to make the state habitable and business friendly, the Lagos State Environmental/Security Taskforce team in the early hour of Saturday, carried out a night enforcement operation, during which number plates of vehicles parked illegally in front of Cubana (Night Club) obstructing the free flow of traffic along Sobo Arobiodu road, GRA Ikeja were untied and confiscated accordingly.28 number plates of vehicles caught violating the Lagos State traffic regulations at the location were all removed. Owners of the offending vehicles will all be charged to court as the state as developed zero tolerance for violators.The club is...
AKWA IBOM GOVERNOR DESIGNATE THE OFFICE OF THE FIRST LADY TO DAUGHTER UPON WIFE’S DEMISE.
The governor of Akwa Ibom State, Umo Eno has designated the office of the First Lady to his daughter, Mrs Helen Eno Obareki.Governor Eno made this known when the First Lady of Nigeria, Senator Oluremi Tinubu paid him a condolence visit on Friday, following the demise of his wife Pastor Patience Umo Eno.Obareki, stating, “It is not an easy task ahead. But to maintain the Office of the First Lady and carry forward my late wife’s work, I present our daughter, Helen, to continue the duties of the office. She will work closely with the Deputy Governor and the Commissioner...
ISRAELI STRIKE HIT NORTH LEBANON, CLOSES THE MAIN BORDER CROSSING BETWEEN LEBANON AND SYRIA.
An Israeli strike hit Lebanon’s northern city of Tripoli for the first time, a Lebanese security source said, after more bombardment hit Beirut’s suburbs and Israeli troops sought to make new ground incursions into southern Lebanon.The source told Reuters a Hamas official, his wife and two children were killed in the strike on a Palestinian refugee camp in Tripoli.Hamas-affiliated media said the strike killed a leader of the group’s armed wing.The Israeli military did not immediately comment on the strike on Tripoli, a Sunni-majority port city.Israel has sharply expanded its strikes on Lebanon in recent weeks after nearly a year...
UPDATE: POLICE REFUNDS ONE MILLION NAIRA EXTORTED FROM CORPS MEMBER.
The Lagos Police Command has facilitated the return of N1m extorted from three members of the National Youth Service Corps (NYSC) by some officers of Area C Division.An X user Olúyẹmí Fásípè AICMC who reported the incidence on the social media space tagging several authorities claimed officers a extorted N1 million from three unidentified corps members for failing to produce a physical copy of a driver’s license, in Surulere Lagos.However, the corps member who have receipts of the electronic transaction done to the police personnel and as well recorded the incidence unknown to the security operatives via the spy camera...
TOYOTA ENDS INVOLVEMENT IN SPONSORING LGBTQ+ EVENTS AND PARADES
Toyota, the car manufacturer, has revealed a shift in its approach to diversity, equity, and inclusion (DEI) programmes, announcing that it will no longer sponsor cultural events and parades such as LGBTQ+ Pride in the US.The announcement cames after hard-line right-wing pundit Robby Starbuck took to X/Twitter to condemn the company for its commitment to DEI.The firm was “one of the most-trusted brands in America but [has] gone totally woke”, he wrote. “I don’t think the values at corporate reflect the values many Toyota/Lexus owners have (with the exception of maybe Prius owners who probably like the woke stuff).”In a...
ELON APPEALS US TO EXPEDITE LEGAL IMMIGRATION FOR HARDWORKING IMMIGRANT FROM ALL WALKS OF LIFE
The CEO of Telsa and owner of X App, Elon Musk has submitted that the United State of America should speed up the legal immigration processing for anyone who is hardworking and talented, irrespective of their legal status and nationality.Musk opined that America should focus on further development and recruiting best hands from all walks of life professionally, employing the best man for the job and legalizing immigrant in the process as long as they have the IQ fit for such purposes instead of focusing on their illegality.“As a reminder, I am very much in favor of expedited legal immigration...