Here are the top 10 stories making headlines across the country. 1. The Presidency hits back at the New York Times, saying Tinubu inherited a βdead economyβ that needs urgent surgery The Presidency has given a strong response to a New York Times report on Nigeria’s economic situation, characterizing the article as βmisleadingβ, βmisleadingβ and βtypical of the prescriptive and …
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The presidency hit back at the New York Times, saying Tinubu inherited a βdead economyβ that needed urgent surgery
The Presidency has given a strong response to a New York Times report on Nigeria’s economic situation, characterizing the article as βmisleadingβ, βmisleadingβ and βtypical of the prescriptive and insulting mannerβ in which foreign media often report situation in Africa. country. In his full statement, the President’s Special Adviser on Information and Strategy, Bayo Onanuga, Sunday, delivered a detailed rebuttal, …
Read More »FACT CHECK: Are these military checkpoints on a Southeastern road?
CLAIM: An X user posted a picture of a military checkpoint claiming that it was shot on a road in the Southeastern region of Nigeria. VERDICT: False! FULL TEXT Some X users in recent posts, have alleged that the number of military checkpoints in the Southeastern inter-state roads have increased, a situation they claim is causing hardship for travelers especially …
Read More »NASS REPUBLIC: As Cameroonian bandits invade Cross River. One other story, and a quote to remember
The House of Representatives, last week, raised the alarm on the alleged invasion of Okwa community in Cross River State by Cameroonian bandits. One other story from the National Assembly (NASS), was also analysed within the week under review. 1. As Cameroonian bandits invade Cross River On December 20, the House of Representatives appealed to President Bola Tinubu to urgently …
Read More »Emefiele will go down in history as worst, most damaging CBN Governor ever βMoghalu
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, says embattled ex-CBN Governor, Godwin Emefiele, will go down in history as the worst Governor to ever head the apex bank. Moghalu, a former presidential aspirant, who made his position known in a series of tweets on his verified X account on Saturday, said the report released by …
Read More »SERAP sues NNPC over failure to account for Nigeriaβs daily oil production, revenues
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the βfailure to disclose details of Nigeriaβs daily oil production, exportation and the total amounts of revenues generated from oil since the removal of subsidy on petrol in May 2023.β Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido …
Read More »Top 10 stories from across Nigerian Newspapers, Sunday, December 24, 2023
Here are the top 10 stories making headlines across the country. 1. Former CBN Gov, Emefiele, regains freedom two days to Christmas Embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly been released from the Kuje Correctional Centre in Abuja after meeting his bail conditions.Read more 2. Tinubu taking measures to address challenges brought by …
Read More »FACT CHECK: How true is the claim that ex-President Buhari did not approve Naira redesign?
CLAIM: An investigatorβs report on the activities of the Central Bank of Nigeria under the embattled former governor, Godwin Emefiele has claimed that Buhari did not approve the redesigning of Naira notes, instead Tunde Sabiu, Buhariβs nephew did. VERDICT: False! FULL TEXT A report of an investigation of activities of the CBN under Emefiele by a Special Investigator, Jim Obaze …
Read More »Top 10 stories from across Nigerian Newspapers, Saturday, December 23, 2023
Here are the top 10 stories making headlines across the country. 1. CBN investigators say Emefiele lodged Β£543m in UK banks alone, reveals other monumental fraud The final report of the Special Investigator on the Central Bank of Nigeria and related Entities, Jim Obaze has uncovered alleged monumental fraud perpetrated under Godwin Emefiele.Read more 2. Obi condemns planned demolition of …
Read More »CBN lifts ban on cryptocurrency transactions
The Central Bank of Nigeria (CBN) has lifted the ban on cryptocurrency transactions in the country. The apex bank in February 2021 ordered all financial institutions in the country, including banks to shut accounts of citizens or entities involved in cryptocurrency transactions within their systems. The CBN had earlier warned that digital currencies such as Bitcoin, Litecoin, and others are …
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