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Research By Araba, Olawale Enifenilanfe As  monetary authorities battle to strengthen the rapidly sliding Naira, Spokesman of the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi, has faulted claims from certain quarters for the resignation of the Governor, Mr Godwin Emefiele, over exchange rate matters.  Speaking with newsmen in Abuja on Monday evening, Nwanisobi alleged that those behind such calls were only pursuing their selfish agenda, fueled by those who had long benefitted from rent-seeking practices in the parallel forex market, which he refused to recognise as a significant segment of the country’s forex market. According to him, the CBN would not be distracted in its mandate by yielding to the selfish tendencies of few to the detriment of the majority. He, therefore, urged the banking public to disregard claims aimed at impugning the reputation of the apex bank, insisting that CBN remains committed to carrying out its mandate for the good of the Nige

Research By Araba, Olawale Enifenilanfe Nigeria has raised $4 billion through Eurobonds, which was a reflection of investors’ confidence in the economy. The amount was raised after an intensive two days of virtual meetings with investors across the globe. In a statement issued last night, the Debt Management Office (DMO) explained that the Order Book peaked at $12.2 billion, which enabled the Federal Government of Nigeria (FGN) to raise $1 billion more than the $3 billion it initially announced. It said: “This exceptional performance has been described as, “one of the biggest financial trades to come out of Africa in 2021” and “an excellent outcome”. According to the DMO, bids for the Eurobonds were received from investors in Europe and America, as well as Asia. There was also good participation by local investors. According to the statement, the size of the Order Book and the quality of investors demonstrates confidence in Nigeria. The Eurobonds were issued in

Research By Araba, Enifenilanfe  “Hon Risikat Ajoke Adegeye was a Honourable Member in the 6th Assembly of the Lagos State House of Assembly. “She will be greatly missed not only by her immediate family but also by her political associates and followers. Further information in respect to her burial ceremony will be announced later after extensive consultations with the family. “Thank you as we pray that she continues to rest peacefully and eternally with the Almighty God.” Information gathered that the Juju maestro lost his wife a few hours to his 75th birthday. Adegeye was a former chairmanship aspirant under the platform of All Progressives Congress in Amuwo Odofin Local Government Area. She represented Amuwo-Odofin at the Lagos State House of Assembly between 2011 and 2015

All Progressives Congress (APC) Ikorodu Division conclusively nominate "Alhaja Rasheedah Bello" as "The Ikorodu Divisional "WOMAN LEADER" on this day, 4th of Sept. 2021 in Ita-elewa mini stadium, Ita-elewa, Ikorodu, Lagos-state where we also have series of wards Chairmen, Women and Ikorodu divisional Chairman "Alhaji Tijani Olasunkanmi" to receive the announcer of their responsibilities. Kudos to The Ikorodu Local Government Executive Chairman Hon. Wasiu Ayodeji Adesina , Hon. Adebisi Banjo (Ikorodu North) and other Chairmen across Ikorodu including The All Progressives Congress Ikorodu Divisional Political " CHAIRMAN ALHAJI OLASUNKANMI TIJANI" for their proactive effort towards ensuring peaceful coexistence within the party. On behalf of The Ogunleye Wadesh Babes; we hereby Congratulate "The Political International Ikorodu Divisional "WOMAN LEADER" Alhaja Rashidat Bello&quo

Research By Araba, Olawale Enifenilanfe. ABUJA- Citing the devaluation of naira as a crucial factor, the House of Reps Committee on finance rejected the N1.33 trillion revenue projected by the Nigerian Customs Service (NCS) for the 2022 financial year. According to the Lawmakers, the projection is inadequate especially considering the devaluation of the country’s currency. James Faleke, chairman of the committee, declared that the committee will not be accepting the N1.33 trillion revenue projected by the NCS. “For us as a committee on finance, we will not accept the N1.3 trillion. I am sure that by the time our report comes out, you will be pleasantly happy.” The NCS had indicated that it was projecting the sum as its 2022 revenue during the ongoing interactive session on the 2022/2024 medium-term expenditure framework/ fiscal strategy paper (MTEF/FSP) for ministries, departments, and agencies (MDAs), held in Abuja on Monday Hameed Ali, comptroller

By Araba, Olawale Enifenilanfe. The Oba Kabir Adewale Shotobi; The Ayangbure Of Ikorodu and The paramount Royal title position Adegorunshen V finally crown "The Otunba Mathew Adebola Adeyinka Adelaja (JP)" as "The Otunba Of Ikorodu" after The title chosen person presentation by all Legitimate Royal Oloris to "The Custodian Of Tradition" for virtue  endorsement. On behalf of "The Rademo and Lasunwon Ruling Houses Royal Welfare Commitee" we hereby Congratulate The confirmation of "Otunba Mathew Adebola Adeyinka Adelaja (JP)". 💥Oye Amori O! #CongratulationsSi r👑🎉🎊

Research By Araba, Olawale Enifenilanfe. The Nigerian Ports Authority (NPA) has said 23 ships have arrived at the two major seaports in Lagos, Apapa and Tin-Can Island Port Complex to discharge bulk wheat, general cargo, container, bulk gypsum, butane gas, bulk fertiliser and fuel. Items discharged also include soya bean, automobile gasoline and jet fuel. The NPA in its weekly shipping position released on Monday said it was also expecting 20 others laden with petroleum products, food items and other goods from August 23 to September 4. The authority said the ships were expected at the Lagos ports complex. It indicated that the ships contained general cargo, bulk malt, bulk sugar, container, bulk gypsum, bulk soya bean, bulk wheat, bulk coal and frozen fish. “Meanwhile, seven more ships are waiting to berth with general cargo, base oil and petrol,” it stated