Author: Ali M. Ali

THE Central Bank of Nigeria has said it is set to prosecute forex defaulters in the country. The CBN Acting Director of Communication, Mrs. Hakama Sidi Ali, disclosed in a statement in Abuja on Wednesday. Nigeria has nearly $7 billion in forex forwards that have matured which is a major concern for investors, but the CBN promised to pay up to boost confidence in the foreign exchange markets. Sidi explained that the apex bank commissioned an independent forensic review by a reputable firm to look into the forex exchange issues in the country. According to her, the review revealed grave…

LET me wish my mentor, Malam Garba Shehu, media aide to Ex President Muhammadu Buhari a happy birthday as he turns sixty-four (64) today, November 27. Certainly, three “scores” plus 4 is momentous. I pray to Almighty Allah (SWT) to increase him in good wealth, health and wisdom. To many people, Shehu is just another “spokesman”. This, indeed, has been his main turf in the last twenty four years or more. Before his foray into the difficult terrain of Public Relations and managing the image of politicians these past two decades, he had been a brilliant journalist, media manager and…