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Tinubu appoints 5 CBN directors

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President Bola Tinubu has asked the senate to confirm the appointment of five persons as directors of the board of the Central Bank of Nigeria (CBN).

Tinubu’s request was contained in a letter read by Senate President Godswill Akpabio on the floor of the upper legislative chamber on Tuesday.

The president premised his request on sections 6(1a) and 10(1)(2) of the CBN establishment act.

“In compliance with the provision of sections 6(1a) and 10(1)(2) of the Central Bank of Nigeria (CBN) establishment act 2007, I am pleased to present for confirmation by the senate the appointments of the underlisted five persons as directors of the board of the CBN,” he said.

The directors of the board are; Robert O. Agbide, Ado Yakubu Wanga, Murtala Sagaley, Urom Eke, and Olayinka Aliyu.



Man cries loud after hearing the price of a tricycle

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A Nigerian man has gone viral in Update after visiting a tricycle shop and was informed about the price of a brand new one.

In a TikTok Update that @unclenasco posted, the man claimed to have gone to the store to act as a guarantor for someone wishing to buy at a hire-purchase.

He lamented that it is a pity that tricycle is now beyond the reach of the common man.

The man wrote…

“Keke is now sold for 2.6 Million Nigerian Naira and 1 dollar is now 1,800 Naira. Things are getting worse every hour of the day. Is this how we are going to continue?

The man also claimed that the price surge could be because of the scarcity of US Dollars.