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September 22, 2023 Yemi Cardoso Assumes Duty As Acting CBN Governor

Yemi Cardoso Assumes Duty As Acting CBN Governor

Following the recent nomination by President Bola Ahmed Tinubu, Dr. Olayemi Michael Cardoso has assumed the role of Acting Governor at the Central Bank of Nigeria (CBN).

This appointment is pending confirmation by the Senate. The move comes after the resignation of Mr. Godwin Emefiele as CBN Governor.

Additionally, the Deputy-Governors-Designate have taken on their roles in acting capacities following the resignations of Mr Folashodun Shonubi, Mrs Aishah Ahmad, Mr. Edward Lametek Adamu, and Dr Kingsley Obiora as Deputy Governors of the CBN.

Dr. Cardoso and his colleagues took their oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja in September 2023. They have since been actively overseeing the implementation of the Federal Government's monetary and financial sector policies.

Prior to this appointment, Dr. Cardoso held roles as an Economic and Development Policy Advisor, Financial Sector Leader, former Chairman of Citi Nigeria, and served as Commissioner for Economic Planning and Budget in Lagos.

 

September 22, 2023 Former President Bozizé Sentenced To Life In Absentia In Central Africa

Former President Bozizé Sentenced To Life In Absentia In Central Africa

Authorities announced on Friday that exiled former Central African Republic President Francois Bozize has been sentenced to life in absentia for his involvement in conspiracy and rebellion.

Bozize, aged 76, who was in exile in Chad until March before relocating to Guinea Bissau, leads the Coalition of Patriots for Change (CPC), a coalition of rebel groups formed in December 2020.

The verdict, delivered by an appeals court in the capital city of Bangui, found Bozize and his accomplices guilty of compromising the internal security of the state and "murders." This ruling applies to two of Bozize's sons and 20 other co-accused, primarily rebel leaders. The specific timeframe and crimes for which they were convicted have not been disclosed.

This development signifies a pivotal moment in the ongoing conflict that has plagued the Central African Republic since 2013. The conflict began when Muslim-dominated armed groups overthrew Bozize from power, leading to a protracted civil conflict. To regain control, Bozize established armed militias known as the anti-Balakas, primarily composed of Christians.

While the conflict has somewhat subsided since 2018, the Central African Republic, one of the world's poorest nations, continues to experience sporadic bouts of violence and remains deeply impoverished.

September 22, 2023 Tribunal Verdict Sparks Tension In Jos Plateau Gubernatorial Case

Tribunal Verdict Sparks Tension In Jos Plateau Gubernatorial Case

Today, the Governorship Elections Petitions Tribunal in Plateau State is scheduled to announce its decision regarding the petition brought forth by the All-Progressives Congress (APC) and its gubernatorial candidate from the March 18, 2023, elections.

Nentawe Yiltwatda of the APC contested the victory of Governor Caleb Mutfwang from the People’s Democratic Party (PDP) in the aforementioned polls.

Governor Mutfwang emerged victorious with 525,299 votes, surpassing Yiltwatda, who garnered 481,370 votes, as declared by the Independent National Electoral Commission (INEC).

Notably, the tribunal recently dismissed a petition from the New Nigeria Peoples Party (NNPP) gubernatorial candidate, Alfred Dabwan against Governor Mutfwang. This petition sought to nullify the poll based on the alleged exclusion of the party’s logo from the ballot paper.

The ruling, set for September 22, 2023, has heightened tension in Jos and its surroundings. Security measures have been reinforced around the State High Court complex, where the tribunal is located, ensuring a secure process during this pivotal moment in Plateau State’s political scene. Nearby recreational centres have been directed to remain closed for the day.

 

September 22, 2023 US Court Delays Release Of Tinubu’s School Records To Atiku

US Court Delays Release Of Tinubu’s School Records To Atiku

U.S. District Judge Nancy Maldonado has decided to stay an order requiring Chicago State University (CSU) to provide specific academic documents related to Bola Tinubu, who currently serves as the President of Nigeria.

Earlier, Magistrate Judge Jeffrey Gilbert had instructed CSU to submit these documents by the end of Thursday.

However, an emergency hearing on Thursday led Judge Maldonado to call for additional arguments from both sides, with a deadline of next Thursday. The legal team representing the Nigerian President argued that Judge Gilbert's decision needed review by a district judge, and this request was granted by Judge Maldonado. She expressed her commitment to making a prompt ruling, acknowledging the importance of the case.

Tinubu had filed an Emergency Motion in the Chicago Court, seeking a delay in releasing his academic records until at least Monday, September 25th. The court had initially ordered CSU to provide all records of Tinubu's student status to former Vice President Atiku Abubakar within two days.

Atiku contends that Tinubu's claim of graduating from Chicago State University needs to be more authentic and seeks these documents to support his case that the Nigerian leader was ineligible to run for the presidential election at the time he did.

 

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