The Central Bank of Nigeria has lifted the restriction placed on the purchase of foreign exchange in the Nigerian Foreign Exchange market for importation of 43 restricted items by virtue of a 2015 circular from the apex bank. This announcement was made by the CBN in a press statement signed by the CBN’s Director of Corporate Communications, Isa Abdulmumin. The CBN pledged to continue to promote orderliness and professional conduct by all participants in the foreign exchange market to ensure market forces determine exchange rates on a willing buyer, willing seller principle. “The CBN reiterates that the prevailing Foreign Exchange…
Author: Michael Chibuzo
The Senator representing Anambra South Senatorial District in the Senate, Ifeanyi Ubah, has defected to the All Progressives Congress (APC) from the Young Progressives Party (YPP). Sen. Ifeanyi Ubah announced his defection in a letter to the Senate President, which was read aloud on the chamber floor by Senator Godswill Akpabio on Thursday during plenary. Senator Ifeanyi Ubah stated that his decision to join the APC was motivated by the need to connect himself with a party that would allow him to solve the issues in his Senatorial District. “I hereby announced my movement from YPP to the Most important…
President Bola Tinubu has appointed Ola Olukoyede as the new Executive Chairman of the Economic and Financial Crime Commission (EFCC) for a renewable term of four years subject to confirmation by the Nigerian Senate. This follows the resignation of the immediate past Chairman of the anti-graft commission, Abdulrasheed Bawa who was formerly on suspension. A State House press statement signed by Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity announcing the appointment read: “By the powers vested in President Bola Tinubu as established in section 2 (3) of the Economic and Financial Crimes Commission (Establishment)…
The National Secretary of the All Progressives Congress, Prince Basiru Ajibola has described the Labour Party Presidential candidate in the 2023 presidential election, Mr. Peter Obi as one with a shallow mentality and perspectives following his World Press Conference asking President Bola Ahmed Tinubu to reintroduce himself to Nigeria. Prince Ajibola who was a guest on Channels TV political programme Politice Today, weighed on the press conference of both Mr. Peter Obi and Atiku Abubakar where they questioned the identity and academic credentials of President Bola Ahmed Tinubu. In the program monitored by Podium Reporters , Prince Basiru Ajibola said,…
…admonishes Atiku and Obi to allow the President to settle down and work The President of Omaluegwuoku Progressive Initiative and National Convener of Igbo Kwenu for Asiwaju/Shettima, Amb. Ginika Tor has expressed her disappointment with Alhaji Atiku Abubakar of the PDP and his Labour Party counterpart, Mr. Peter Obi over their separate press conferences questioning the credentials and identity of President Bola Ahmed Tinubu who defeated them at the 2023 presidential election while calling on them to allow the President settle down and work. Amb. Ginika Tor made this call during a press conference in Abuja by the group on…
I listened, most laboriously I must admit, to the speech of the Labour Party Presidential candidate in the 2023 presidential election, Mr. Peter Obi during what I have decided to describe as a ‘Beer Parlour Press Conference’ and I saw a man who has found it extremely difficult to accept the reality that he lost the 2023 presidential election and simply wants to continue dancing even when the sound of music has ceased. Mr. Peter Obi, obviously taking a cue from his ‘elder brother’ and PDP candidate Alhaji Atiku (or Siddiq/Sadiq) Abubakar assembled local journalists to continue the certificate…
The former Vice President of Nigeria and candidate of the People’s Democratic Party (PDP) in the 2023 presidential election, Alhaji Atiku Abubakar has become enmeshed in a WAEC certificate scandal barely a week after he held a world press conference accusing President Bola Ahmed Tinubu of submitting a forged Chicago State University certificate to INEC despite the repeated insistence of Chicago State University that President Bola Tinubu graduated from the University. Recently it emerged that the General Certificate of Education (GCE) from WAEC that Atiku Abubakar submitted to INEC on 17th June, 2022 clearly bore the name of SIDDIQ ABUBAKAR…
By Fredrick Nwabufo Bias, desperation, delusion, and deception govern the outputting of the distortionist mob. Mob distortions are purposive fabrications. They are oddly designed inventions pulled from a smorgasbord of fake news, injurious falsehood, slander, and prejudice. They come in the cloak of truth and certainty. They come in the swaddle of history and records. But in actuality, they are just a carefully curated jumble of lies, propaganda, disinformation, and misrepresentation. What the crocheters of the yarns of distortionist hypotheses seek to achieve may be to cause a breakdown of trust, to blackmail, poison perception, stoke crisis, cause disaffection, and…
Few weeks ago, I published a piece titled “Dissecting Atiku’s Wild Goose Chase to Chicago State University” where I analysed the fruitless adventure embarked upon by the PDP candidate in the 2023 presidential election, Alhaji Atiku Abubakar to Chicago State University in search of any evidence that could establish forgery in the diploma submitted by President Bola Ahmed Tinubu to INEC in 2022 as part of documents accompanying his presidential nomination form. Yesterday, as ordered by a US District Court in Illinois, Chicago State University released a total of 32 documents relating to the non-privileged academic records of President Bola…
A former Secretary to the Anambra State government under the administration of Mr. Peter Obi, Chief Oseloka Obaze has admitted that the Presidential candidate of the Labour Party in the 2023 presidential election, Mr. Peter Obi did not secure the required two-thirds geographical spread as specified in Section 134(2b) of the 1999 Constitution. Mr. Obaze made the admission in a post on the social media platform X (formerly known as Twitter) on Monday while bizzarely weighing in on the anticipated release of President Bola Tinubu’s non-privileged academic records by the Chicago State University today. Mr. Obaze, who was handpicked by…