Breaking
Breaking: New Leadership at the Central Bank of Nigeria.
Breaking: New Leadership at the Central Bank of Nigeria.
By Anthony Beauty,
In a significant development on September 15, Mr. Olayemi Cardoso was nominated by President Bola Tinubu for the position of Governor of the Central Bank of Nigeria (CBN). Just last week, the Senate confirmed not only Mr. Cardoso’s appointment but also those of his deputy governors, Emem Usoro, Muhammed Abdullahi-Dattijo, Philip Ikeazor, and Bala Bello. The thorough screening process that took nearly three hours provided an opportunity for the new CBN Governor to outline his vision for the apex bank.
Cardoso emphasized his primary goal of reshaping the CBN through a combination of short, medium, and long-term measures. His vision encompasses implementing transparent monetary policies, learning from past mistakes, and adhering to constitutional duties while ensuring alignment with international financial standards. He pledged to restore confidence in the autonomy and integrity of the CBN, focusing on price stability and shifting towards evidence-based monetary policies while discontinuing unorthodox monetary policies adopted by his predecessor to strengthen the naira.
In the midst of economic challenges, where the naira was nearing a rate of 1,000 per US dollar in the parallel market, and settling at N755.08 per US dollar in the official market, many Nigerians might understandably overlook this change in CBN leadership. However, given the CBN’s critical role in the economy’s functioning and well-being, the Senate’s responsibility is to diligently scrutinize the qualifications and performance of the nominees. Accountability for any misuse of CBN’s powers by its leadership is vital for a more effective and efficient CBN, which the Senate has occasionally fallen short of in the past. It is hoped that this time will be different.
Cardoso’s profile and his impressive performance during his confirmation process inspire hope. With over 30 years of experience in various sectors, including private, public, and not-for-profit organizations, he brings a wealth of knowledge and expertise to the role. His track record as a financial expert, consultant, and policy advisor to international organizations underscores his capacity to lead the CBN effectively.
Cardoso faces the daunting task of returning the CBN to its core mandate, especially in the face of economic challenges. His immediate focus, as advocated by the Centre for the Promotion of Private Enterprise (CPPE), should be on restoring confidence in Nigeria’s foreign exchange market and recapitalizing the banking industry. Addressing these issues will be a significant step toward fulfilling his leadership role at the CBN.
The new CBN Governor should also steer clear of the past practices of making divisive statements, engaging in politics, or misusing public funds, as these actions have historically undermined the CBN’s mandate. With the current state of the naira in international markets, a change in approach is not just advisable but necessary.
As Mr. Cardoso begins his tenure, the expectations are high. Nigerians will hold him accountable for his promise to promote transparency, uphold the CBN Act, and ensure the CBN’s success. It is incumbent on him to make a lasting, positive impact during his time in office.
By: Favour Bibaikefie
A tragic road accident involving Nigerian-British boxing star Anthony Joshua has reportedly claimed two lives in Ogun State, sparking concern across the country.
The incident occurred on Monday around the Makun axis of the busy Lagos-Ibadan Expressway, one of Nigeria’s most heavily trafficked highways. Preliminary information indicates that a vehicle conveying the former heavyweight world champion was involved in a collision with another car, though the exact cause of the crash remains unclear.
Eyewitnesses said emergency responders and security personnel arrived at the scene shortly after the incident to manage traffic and assist victims. Two occupants of the other vehicle were confirmed dead, while details about injuries are still emeraina.
Eyewitnesses said emergency responders and security personnel arrived at the scene shortly after the incident to manage traffic and assist victims. Two occupants of the other vehicle were confirmed dead, while details about injuries are still emerging.
Sources close to the development said Joshua survived the accident, but officials are yet to release a comprehensive statement on his condition or the full circumstances surrounding the crash.
Authorities have commenced investigations to determine the cause of the collision, as motorists were advised to exercise caution while plying the expressway.
The Lagos-Ibadan Expressway has long been notorious for road accidents, often linked to speeding, congestion, and poor visibility, renewing calls for stricter enforcement of traffic regulations and improved road safety measures.
By: Doubra Stanley
ABUJA, Nigeria – December 26, 2025
The United States military launched coordinated airstrikes against Islamic State (ISIS) targets in northwest Nigeria on Thursday, confirming a significant escalation in international counter-terrorism cooperation.
President Donald Trump announced the operation, saying U.S. forces had carried out “powerful and deadly” strikes against militants linked to Islamic State in Sokoto State.
According to official statements, the strikes were ordered at the direction of the U.S. Commander-in-Chief and carried out with the support of Nigerian authorities, CBS News reported.
The U.S. Department of War released video footage showing munitions being launched toward militant positions, underscoring Washington’s commitment to confronting extremist groups in West Africa. U.S. Africa Command, which oversees American military operations on the continent, said the initial assessment pointed to the death of several ISIS fighters, Fox News reported.
In a social media post, President Trump framed the strikes as part of a broader effort to halt attacks on vulnerable communities, particularly in areas where extremist violence has surged.
Nigerian officials described the operation as part of ongoing security cooperation, emphasizing shared intelligence and strategic planning to counter persistent threats from extremist factions.
The operation marks one of the most visible U.S. military actions in Nigeria in 2025, reflecting deepening ties between Abuja and Washington in addressing the complex security landscape marked by Islamist insurgencies and criminal violence. Nigerian authorities reiterated that the fight against terrorism transcends religious lines, stressing that violent groups have targeted both Christian and Muslim communities in recent years, Reuters added.
Security analysts say the strikes may signal further foreign involvement in countering extremist networks in the region, even as Nigerian forces continue domestic operations against multiple militant groups.
© IduwiniVoice
By: Divine Perezide
As the countdown begins for the forthcoming Ijaw Media Conference Volume 2, the organizers, Ijaw Publishers’ Forum (IPF) has announced that the President of Egbema Brotherhood, Alaowei Promise Lawuru, has accepted the role of Guest of Honour come December 2025.
IPF had earlier announced the second edition of its annual event, with the Christined “Safeguarding Niger Delta’s Natural Resources for Future Generations.”
Chief Lawuru, the young Ijaw businessman and politician, received a delegation of the Central Working Committee led by Pastor Arex Akemotubo last Monday, where the invitation was extended to him.
Akemotubo explained that this year’s theme was chosen out of concern for the growing strain on the region’s land and waters. The Publisher of WaffiTV stressed that the forum wants to strengthen public understanding, support honest reporting, and encourage leaders to protect the resources of the Niger Delta for generations to come, adding that Lawuru’s antecedence of service to humanity and unwavering commitment to community development made him a natural choice for the role.
Chief Lawuru welcomed the invitation and spoke warmly about the need for shared responsibility among stakeholders and groups such the IPF. He commended the Forum for using media to defend the region’s interests and promised full support for the conference.
Lawuru further urged other stakeholders across the Ijaw nation to throw their weight behind efforts that safeguard the resources and environment of Ijaw nation in particular and the larger Niger Delta region.
As the train continues to galvanise leaders across the region, IduwiniVoice can report that the who is who in the Niger Delta from business to political sphere are marked to be in attendance.
IduwiniVoice