CBN Forex Policy Is a Great Move

The Central Bank of Nigeria (CBN) has updated its policy and we need to commend the apex bank. In a memo dated Nov 30, 2020 (see below), the bank reversed its policy, making it possible that remittance can be wired into a domiciliary account in Nigeria, with the recipient having access to the money in the foreign currency (say US dollars). In an earlier directive, the bank had removed that flexibility, pegging it around N388 per US$1, and that necessitated an uncommon rally against the Naira in the global currency…

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Nigeria’s Lost Gold

Nigerian government dance with Western Government and Oil Multinationals and each one of them taking a slice of our National cake, But change has always come from individuals and we first need to fix our problem at home before thinking of changing the World bank and all those people remember Nehru and Grandhi, Martin Luther King. How crazy it is that a country exporting millions of gallons of Oil each day had none for its own people. What is the role of the Mavericks or dissenter, a question I asked…

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Tips: 5 Positive Effects Reading Does On Your Brain

“Reading does to the mind what exercise does to the body.” Jim Kwik Have you asked yourself, why does reading remain beneficial in the digital age? It is simply because reading is something we can’t do without. Just like we can’t do without water. Reading heals the mind. It’s an antidote to the mind. There are 5 positive effects reading does on your brain Highlighted below; It allows you to experience more sensations: Sometimes you wonder why you read and you easily relate to the subject matter. It’s because the…

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Insecurity: Governors Says Security Challenges Are Beyond Military

We are all frustrated, Fayemi declared The Nigerian Governor’s Forum Chairman and Governor of Ekiti State, Kayode Fayemi disclosed that the security challenges are beyond the Nigerian military, He said, they are overwhelmed and cannot tackle the security situation affecting many parts of the country, that includes, Insurgency, banditry, kidnapping and armed robbery. “We are here your Excellency, first to express our condolences to the families and loved ones of our lost citizens, and also to the good people of Borno State, and yourself as the leader of our people…

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#BokoHaram: Governor Darius Back Zulum’s Call For Mercenary’s

Taraba State Governor, Ishaku Darius has declared support for Governor Babagana Umara Zulum’s request that the federal reengages mercenaries to join the Nigerian armed forces in ongoing fight against Boko Haram insurgents terrorizing Borno in particular, and some parts of the northeast. Darius spoke on Tuesday in Maiduguri when Governors of Adamawa, Ahmadu Fitiri, Bauchi State, Senator Bala Mohammed and Gombe State, Mohammed Inuwa Yahaya on sympathy visit to Borno people. The visit was in the wake of boko haram’s beheading of over 40 farmers from Zabarmari community who were…

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