AFRICAN NEWS FLASH

President Ian Khama of Botswana this week wrapped up a national "farewell tour" before he stands down on Saturday in a power transfer designed to stress his statesmanship and the country's stability. Khama has visited all of Botswana's 57 constituencies since December, bidding a long goodbye to a population of just 2.2 million after serving the constitutional maximum of 10 years in office. He will be succeeded by Vice President Mokgweetsi Masisi, a full 18 months before elections. Khama's two terms in power have been defined by his country's rapid development thanks to lucrative diamond and beef exports and by a reputation for good governance. He has also become renowned for straight talking -- breaking with diplomatic convention to criticise leaders including US President Donald Trump and then-president Robert Mugabe in neighbouring Zimbabwe. On Tuesday, his tour finished in his ancestral village of Serowe in the east of the country, with a day o

Mr. Semenitari has valued and consistent Banking experience in Operations, Internal Control, Commercial and Retail Banking, Consumer Banking, Corporate Banking (Energy) etc. acquired from various Banks over a 22-year career at First City Monument Bank (FCMB), Zenith Bank, Diamond Bank, United Bank for Africa, ACB International Bank and Continental Trust Bank. He has held senior Management positions in UBA Plc as an Assistant General Manager – Commercial and Retail Banking Group; General Manager (Credit and Marketing) in ACB International Bank Plc; Acting Managing Director/CEO, ACB International Bank Plc; Executive Director (Business Development) in Continental Bank Limited and General Manager Afribank Nigeria Plc, in charge of Consumer and Retail Banking with the responsibility of supervising and developing business activities across the entire 150 branch network. He was Executive Director Retail and Enterprise Banking at First City Monument Bank Plc with responsibility for developi

Mr. Edward Adamu was born in June 22, 1959 in Kaltungo Local Government Area of Gombe State. He studied quantity survey in Ahmadu Bello University, Zaria. He is a member of several professional bodies, namely the Nigerian Institute of Quantity Surveyors; Project Management Institute, USA; International Knowledge Management Institute, USA; International Society for Performance Improvement, USA; and the Association of Project Managers, UK. Employed in June 1992 by the Central Bank of Nigeria Mr. Edward was appointed Director of the Strategy Management Department responsible for the articulation of strategy to deliver the mandate of the bank in 2012. Between 1992 and 2003, Mr. Adamu served in several offices of the Engineering Services Department of the CBN handling Project Conception, Evaluation, Contract Documentation, Cost Planning & Control, Project Implementation and Closure of several projects of the Bank, including the current CBN Head Office Abuja. He rose from the po

Mr. Edward Adamu was born in June 22, 1959 in Kaltungo Local Government Area of Gombe State. He studied quantity survey in Ahmadu Bello University, Zaria. He is a member of several professional bodies, namely the Nigerian Institute of Quantity Surveyors; Project Management Institute, USA; International Knowledge Management Institute, USA; International Society for Performance Improvement, USA; and the Association of Project Managers, UK. Employed in June 1992 by the Central Bank of Nigeria Mr. Edward was appointed Director of the Strategy Management Department responsible for the articulation of strategy to deliver the mandate of the bank in 2012. Between 1992 and 2003, Mr. Adamu served in several offices of the Engineering Services Department of the CBN handling Project Conception, Evaluation, Contract Documentation, Cost Planning & Control, Project Implementation and Closure of several projects of the Bank, including the current CBN Head Office Abuja. He rose from the position

Confirmation of two cbn deputy governors by the senate delays the announcement of new cbn management team . Full list to be read at plenary on Tuesday next week.

Embattled former Special Assistant to the President on Niger Delta and Coordinator of Amnesty Programme, Brig. Gen. Paul Boroh (retd) has reacted to reports of $9 million cash being found at his residence. The former presidential aide dismissed the reports as untrue. Reports emerged on Wednesday that the operatives of the Economic and Financial Crimes Commission, EFCC, and Office of the National Security Adviser, ONSA, discovered $9 million cash at his residence. Addressing the press on Wednesday, the Wife of the former Amnesty boss, Ibinye Boroh said that no cash was found in their house, and described the allegation as fabrication of lies, false, malicious and calculated attempt to mislead the public. She said, ‘‘My attention has been drawn to the publication in some of the Nigerian media to the effect that $9million was recovered by the operatives of the EFCC from our house and premises in the course of their search. ‘‘This is to inform the general public that no ca

A member of House of Representatives, Mr Nicholas Ossai (Delta-APC), on Wednesday urged Nigerians to hold the Executive accountable for the delay in the passage of 2018 Appropriation Bill. He said in Abuja that apart the Bill being late November, 2017, Ministries, Departments and Agencies (MDAs) had refused to go before relevant committees of the legislature to defend their budgets. Ossai, therefore, said that it was unfair for the Executive to blame the lawmakers for delay in passing the budget, insisting that it could not be approved without MDAs defending their needs as contained in it.  According to him, the National Assembly cannot address issues regarding the Appropriation Bill in a hasty manner, particularly when the Executive that made the inputs in the budget are reluctant to come and defend them. On the intended January – December fiscal year, the lawmaker said “I don’t really agree with the executive’s assertion, whether budget year or not budget year. “The most critical

Owen Former Manchester United and Real Madrid striker Michael Owen is launching a cryptocurrency in his own name, joining other famous sportsmen including Manny Pacquiao in a new venture to connect with fans.  The retired England star announced Wednesday his investment in the Singapore-based Global Crypto Offering Exchange (GCOX) as he unveiled the “Owen Coin”. The celebrity tokens will allow fans to buy merchandise such as personal training videos, make donations to charities and even interact with the ex-sportsman via live-streaming. GCOX bills itself as the “world’s first celebrity cryptocurrency exchange” and said the listing of different celebrities’ tokens on its exchange would provide an objective indication of their popularity. “Fans can be connected to their favourite celebrities in a much, much intimate level,” said Owen, 38, in Hong Kong. The ex-Liverpool star has not been put off by investing in the market even as regulators across Asia take a more critical look at cryp

Senate screens two cbn deputy governor nominees. Full list of new cbn management team to be sent to nass today.

Suspected Boko Haram terrorists, yesterday, blocked a bus plying Igboho-Igbeti Road and reportedly abducted eight passengers from the bus. According to Vanguard, armed men were said to have emerged from the bush at Old Oyo National Park, blocked the bus, ordered the passengers to alight and board another vehicle they parked by the roadside. Before forcing the victims into the waiting bus, the suspected terrorists held their victims hostage for some minutes before they drove away with them. The source said the occupants of the bus were Igboho and Ogbooro indigenes. Cnfirming the incident, the spokesperson of the Oyo State police command, Adekunle Ajisebutu, the number of persons kidnapped is yet unknown. He said the Commissioner of Police, Abiodun Odude, had deployed his men to the area to search for the kidnapped victims. A source, who pleaded anonymity, told Vanguard: “People in the area are now living in fear as there has been an influx of strange people.”

Buhari meets NASS leadership in villa .

Angela Merlel elected for fouth term as Germany’s chancellor .

Updates on CBN. Screening of deputy governors nominee to come before that of the new management team.senate to announce new list on Tuesday at plenary. Details coming .

Buhari sacks Boroh.Appoints professor charles Quaker Dokubo as the New coordinator of the presidential Amnesty Programme for former niger delta militants .

The senate has approved that the nominees for the position of deputy governor of the Central Bank of Nigeria and members of the monetary policy committee be screened for confirmation. Chairman of the senate committee on banking , insurance and other financial institutions, senator Rafiu ibrahim, raises a point of order at the plenary today to urge the lawmakers to lift there embarg on confirmation of appointments by president Muhammadu Buhari.Meanwhile the main reason for the lifting of the embargo is because of the list of new cbn management team that will be sent to senate tomorrow. We earlier reported that the nass and presidency will soon resolve the issues surrounding non clearance of nominees of president Buhari.

Finishing touches on the list of cbn management team.  List to be sent to nass before close of work on Wednesday . Details coming .

Adamawa’s first civilian Governor, Michika Dies .

Meghan markle has been baptized into the Church of England ahead of the royal wedding in May.