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Air Marshal Petinrin emerges CDS as Jonathan Reshuffles Service Chiefs

President Goodluck Jonathan has reshuffled all service chiefs and all new appointments take immediate effect.     With this development, Air Marshal Oluseyi Petinrin has emerged the new Chief of Defense Staff (CDS), while Major General Azubuike Ihejirika is now the new Chief of Army Staff (COAS). We will furnish […]

Mixed reactions trail appointment of Belgore, Obi, others to AMCON board

    Financial market stakeholders have expressed mixed reactions over the nominations for the chairman, managing director and executive directors of the Asset Management Corporation (AMCON) by the Ministry of Finance and the Central Bank of Nigeria (CBN).     While some applaud the nominees as credible people, others are […]

Why naira may not be easily counterfeited – CBN

  The fortified security features on naira notes have made it difficult for counterfeiters to successfully clone the currency, the Central Bank of Nigeria, has said.   The clarification by the apex bank follows recent reports of people who had successfully counterfeited the United States’ dollar.   Some foreign nationals […]