CBN GOVERNOR TO YOUTHS: “Don’t leave Nigeria.”

Published

1 year ago

November 30, 2024

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has urged Nigerians, particularly the youth, not to leave the country.

He reassured them that the central bank is working towards creating an economy where everyone and every business can succeed.

Cardoso made this appeal during his keynote address at the 59th Annual Bankers Dinner of the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos.

He emphasized that leaving the country at this time is not advisable for two key reasons. First, those who decide to leave may be forced to sell their assets at low prices, which could be easily taken advantage of by external investors seeking bargains.

Second, he urged Nigerians to be part of the solution to the country’s challenges, as the nation needs collective effort to overcome them.

Highlighting the numerous opportunities in the market, he noted that there has been growing interest in Nigeria, especially over the past year and six months.

Despite acknowledging the tough impact of the reforms on Nigerians, Cardoso stressed that these changes are designed to address current challenges while positioning the country for a prosperous future, ensuring that everyone can thrive in the long run.

“It is not a good idea to japa at this stage.

“Two reasons. One, those who may decide they are going to do that, they will sell and get rid of their assets.

“You’ll be doing it for cheap. Predators, who are outside looking for bargains, will come and take it and pocket it, put it in their pocket and wait for the turnaround and sell it away.

“Number two, you want to be part of the solution. You want to be part of the solution, and this is time that we need all hands on them.

There are opportunities in the market today, which I must say, from my experience over the past year and also for the past six months, a lot of interest from the outside in what is going on in Nigeria

“In taking positions in certain assets, so they see the opportunity, and we, who are here, should be part of the solution for the better things which will come.”

“We are building an economy where every individual, every business, and every community can thrive.

“This vision will not be achieved by one institution alone. It requires all of us — banks, regulators, businesses, and citizens — to work together with steadfast resolve”

Entertainment

2Baba Cries Out For Help in Now Deleted Instagram Post

Published

20 hours ago

December 4, 2025

Ekwutos Blog

This morning, 2Baba posted “Help Me” on his Instagram stories, but less than 20 minutes later, the message vanished.

For the past few days, his relationship with his current wife, Senator Natasha Osawaru, has been under serious scrutiny, as a series of public incidents have surfaced and fuelled widespread speculation about the state of their marriage.

His cry for help should not be taken lightly. But who will answer him?

Will it be his family, his close friends, or the entertainment industry that has benefited from his legendary career?

At this point, one thing is clear. The music icon seems to be calling for real support and those around him cannot afford to look away.

BREAKING: Unknown Gunmen Attack Gov. Otti’s Advance Team In Imo, As Scores Were Kidnapped From A Bus Along Owerri-Road Road

Published

2 days ago

December 3, 2025

Ekwutos Blog

An advance team of Abia State Governor, Dr. Alex Otti, escaped unhurt after unidentified gunmen opened fire on their vehicle in the early hours of Tuesday, December 2, 2025, along the Umuowa–Ihite axis in Imo State.

The three-member team was en route to Sam Mbakwe Cargo Airport, Owerri, when the attack occurred shortly before the airport junction.

In a statement electronically signed by the Chief Press Secretary to the Governor, Mr. Ukoha Njoku Ukoha, the Abia Government clarified that Governor Otti’s main convoy was not involved in the incident and was nowhere near the location at the time.

“The convoy of His Excellency, Dr. Alex Chioma Otti, was not attacked. No member of the advance team or any other person sustained injury, and no life was lost,” the statement stressed, urging the public to disregard rumours suggesting otherwise.

It was learned that Security agencies have been notified, and investigations are underway to identify and apprehend the assailants.

Meanwhile, a commercial bus plying along Owerri -Aba road towards the Ngor Okpala axis was attacked Monday and scores of passengers were feared kidnapped by yet-to-identify gunmen.

Gunmen attack Ngige’s convoy in Anambra

Published

1 week ago

November 27, 2025

Ekwutos Blog

The convoy of former Minister of Labour and Employment, Senator Chris Ngige, was attacked by gunmen in Umuoji, Idemili North Local Government Area of Anambra State.

Ngige who confirmed the incident to newsmen, stated that he was not in the convoy when the attack occurred. He mentioned that several people were shot and injured.

“I was not in the convoy. I’m still alive and well. Those hoodlums have started again. I came to my state to relax, but what happened is unfortunate. I will go back to Abuja. But I assure those who did this, they will not go unpunished.” he said

The vehicles were reportedly returning from a mechanic workshop in Nkpor when the gunmen struck along the busy Umuoji–Nkpor Road leading to Alor, Ngige’s hometown.

According to Mr. Fred Chukwulobelu, Ngige’s former Special Adviser on Media, a policeman in the pilot car was shot, and the attackers, dressed in police and army uniforms, took away his gun and uniform.

He also confirmed that a woman filming the incident was fatally shot. He added that a shop owner who rushed out to see what was happening was also shot; he lost significant blood and is scheduled for surgery, but is expected to recover fully.

The pilot car was riddled with bullets, while the wounded escort leader has undergone surgery and is also expected to recover.

Meanwhile, the Anambra State Police Command said it has launched a state-wide manhunt for the perpetrators.