“Let Them Breathe” – Tinubu Addresses NASS Over Constant Summons To Ministers, Appointees

Eko Hot Blog reports that President Bola Ahmed Tinubu has raised concerns regarding the repeated summoning of his appointees by the National Assembly. saying such actions may impede their ability to effectively execute their core responsibilities. The President stated this during the Iftar (Ramadan fast-breaking) event in Abuja on Wednesday. Editor’s Picks  Tinubu Places Three-Month … Read more

Emefiele’s Suspension: Don’t Ruin Your Administration – Omokri Tells Tinubu 

Emefiele's Suspension 

Reno Omokri criticizes President Bola Tinubu’s suspension of Central Bank Governor Godwin Emefiele, deeming it vindictive in response to the Naira redesign policy.  Omokri urges Tinubu to prioritize unity and stability after the elections and not tarnish the progress made. He hopes the President will reconsider the action for the nation’s greater good. EKO HOT … Read more

‘Banks Will Accept Old Naira Notes Beyond Deadline’ — Emefiele Tells Reps

Emefiele has assured the House of Representatives that old Naira notes will still be accepted beyond the February 10 deadline. Emefiele stated this on Tuesday while appearing before the House of Representatives ad hoc committee. The Speaker of the House, Femi Gbajabiamila said the CBN Act mandates commercial banks to accept old notes. EKO HOT … Read more

Erdogan Sacks Turkey Central Bank Governor Amid Rate Tensions

President Recep Tayyip Erdogan has sacked the governor of Turkey’s central bank and replaced him with his deputy, a presidential decree said Saturday, after months of tension with the government over high interest rates. Murat Cetinkaya, who was appointed to the role in April 2016, has been replaced by Murat Uysal, according to the decree … Read more