Author: Kwara Reporters

President Bola Tinubu on Friday approved the nomination of Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria for a term of five years at the first instance, pending his confirmation by the Senate.Tinubu also approved the nomination of four new Deputy Governors of the apex bank, for a term of five years at the first instance, pending their confirmation by the Senate.In this report, we highlight the things you need to know about the new CBN governor.Olayemi Cardoso, a Lagosian, grew up in Lagos and attended Corona School Ikoyi and St. Gregory’s College all…

President Bola Tinubu has nominated Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN). This is according to a statement from the presidential spokesman Ajuri Ngelale.“President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate,” the Friday statement added.Aside from the Lagos-born Cardoso, Tinubu appointed four deputy governors for the apex bank.Ajuri said the move is in “conformity with Section 8 (1) of the…

The Chicago State University confirmed to American news network, CBS, that President Bola Tinubu graduated from the institution in 1979 with a Bachelor’s degree in Business and Administration.There has been controversy surrounding Tinubu’s academic record with the Peoples Democratic Party’s presidential candidate, Atiku Abubakar, filing a lawsuit in the US to compel CSU officials to turn over Tinubu’s academic documents.However, CSU told CBS that it was confident in the veracity and integrity of its records regarding Tinubu’s completion of graduation requirements and degree certificate, but was restrained by the United States federal law to provide any further information about Tinubu’s…

Nigeria’s inflation has jumped to 25.80% for August 2023, according to the Consumer Price Index (CPI) released by the National Bureau of Statistics (NBS). The latest figure is 1.72% points higher than the 24.08% reported in July, the Friday report added.“In August 2023, the headline inflation rate increased to 25.80% relative to the July 2023 headline inflation rate which was 24.08%. Looking at the movement, the August 2023 headline inflation rate shows an increase of 1.72% points when compared to the July 2023 headline inflation rate,” the NBS added.“On a year-on-year basis, the headline inflation rate was 5.27% points higher compared…

In hypothesis, it sounds unlikely, maybe even ironic, that a medical doctor would lose her life at work on the premises of a general hospital. Yet it happened in August, at the Lagos State General Hospital, Odan.Dr. Vwaere Diaso, like the pregnant women in Ezzagu Community, Ebonyi state, lost her life to underfunded and under-equipped healthcare in Nigeria.Following the doctor’s demise, the Nigerian Medical Association embarked on a protest strike for justice. They reiterated what they had always demanded: a properly funded health sector. But that strike was not the first in 2023. In fact, Nigerian doctors under one association…

Award-winning Nigerian set designer and art director, Pat Nebo is dead.Pat Nebo died on Thursday from a prolonged illness that had left him bedridden.Shaibu Husseini, a movie journalist and member of the African Movie Academy Awards jury, made the announcement in a post on his official X on Thursday.Sharing the deceased picture, Shaibu wrote: “I have been reliably informed that foremost Nigerian Production Designer Pat Nebo has passed on.“He has been bedridden for a while now. Journey well master of the craft of film production design.”Nebo began his career with his role as a production designer in ‘Ti Oluwa Nile’…

The Defence Headquarters says troops of Operation Delta Safe have, in the last two weeks, uncovered and destroyed 89 illegal refining sites in the Niger Delta region.The Director, Defence Media Operations, Maj.-Gen. Edward Buba, made this known while giving an update on military operations across the country on Thursday in Abuja.He said the troops also discovered and destroyed 21 dugout pits, 56 boats, 138 storage tanks, 235 cooking ovens, six pumping machines, one outboard engine, and two speedboats.According to him, the troops have recovered about 1.2 litres of stolen crude oil, 452,910 litres of illegally refined Automotive Gas Oil (AGO),…

President Bola Tinubu has appointed his Special Adviser on Revenue, Zacch Adedeji, as the new Chairman of the Federal Inland Revenue Service (FIRS).This was contained in a Thursday statement by the Special Adviser to the President, Ajuri Ngelale, saying the erstwhile FIRS Chairman, Muhammad Nami, has been directed to proceed on three months of pre-retirement leave.The directive, Ngelale stated, is in line with the provisions of Public Service Rule (PSR) 120243.“The President has directed the erstwhile FIRS Chairman, Mr. Muhammad Nami, to proceed on 3 months of pre-retirement leave, as provisioned by Public Service Rule (PSR) 120243, with immediate effect,…

Customs Intercepts Donkey SkinThe Nigeria Customs Service (NCS) has intercepted 200 pieces of raw donkey skins concealed in a vehicle and other contrabands valued at N1.9m in Adamawa state.The Customs Area Comptroller, Salihu Kazaure, disclosed this during press conference in Yola Thursday.He pointed out that, the smugglers evaded arrest by fleeing into the bush leaving behind their contrabands around border villages with Cameroon.He said 127 bags of 50kg foreign parboiled rice and 12,350 litres of Premium Motor Spirit were seized from August to September this year.According to him, informants shielding smugglers in some communities as the major challenge faced by…

The President of the Academic Staff Union of Universities (ASUU), Prof Emmanuel Osodeke, says Federal Government cannot totally back out from funding universities.Speaking on Channels Television’s breakfast show, Sunrise Daily on Thursday, Osodeke said it is clearly stated in the Constitution that the Federal Government must fund public universities.He was reacting to a report where the Minister of Education Prof. Tahir Mamman, was quoted to have said that the Federal Government will initiate new ways of funding tertiary education by granting full autonomy to universities to explore new sources of financing their activities.The ASUU boss said, “There is no way…