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Does CBN governor Godwin Emefiele listen to Rihanna? Because the message to certain banks this week was crystal clear:
Better have my money
On Tuesday, the CBN [barred banks from the forex market] who have not remitted the dollar deposits owned by the NNPC into the Treasury Single Account. The order for all Ministries, Departments and Agencies to take their money out of the banks and into the TSA, was given in September last year. UBA was one of the nine banks initially named, but they remitted the funds and were [readmitted] to the interbank market on Thursday.
False alarm
The week began with news that President Buhari was putting together a bill called the Emergency Economic Stabilisation Bill 2016, with measures that were supposed to kickstart economic growth. With the initial details, we did [an analysis] of what the proposals meant, but by Monday evening, the Vice Presidentâs spokesman, Laolu Akande, said that no bill had been forwarded to the President or the National Assembly, âas far as I knowâ. Hmmm. A leak, then?
On Wednesday in Kano, Emir Sanusi was at his [blunt best] when he launched his strongest criticism of the President to date. It concerned his handling of the economy. Aso Villa will do well to heed.
Kerry visits Nigeria
John Kerry was in Nigeria on Tuesday and Wednesday to talk about combating extremism with Northern governors and traditional rulers. [Here is a timeline] of everything he did. It was a very timely visit and topic, because on Monday, 8 people lost their lives in Zamfara state because someone [âblasphemedâ against Islam]. Of course, it wonât be Nigeria if one group or the other didnât allege âdiscriminationâ. This time, it was the Christian Association of Nigeria who said Kerryâs visit was [âdiscriminatoryâ] because he met with only Northern governors.
LOL. Funny man.
Giving a dog (owner) a bad name
Joe Chinakwe, a resident of Sango-Otta, who was reported to the police for naming his dog âBuhariâ and remanded in prison, was [granted bail] as a result of the work of a human rights lawyer.
IDPs revolt
For weeks, there have been reports about the bad conditions under which internally displaced persons live in many camps in Borno. In Maiduguri, many of them [protested] their appalling conditions, forcing a change in policy. No more central feeding committees.
TMB
On our Media Blog this week, [Exquisite Magazine] and [Andre Blaze] get a thumbs up, while Akinwunmi Ambode and Lai Mohammed get a thumbs down for [clichés in abundance] at the Broadcasting Organisation of Nigeriaâs 15th AGM.
Lastly, have you heard about a very young Nigerian girl [killing it on YouTube], called Emmanuella?
Podcasts
Our podcasts this week saw [Yaw Nsarkoh] on Conversations With Chude, and Mark Essien [talk] about his business, Hotels.ng, and his bullishness on the prospects for Nigeriaâs tech space.
Tech
Staying with tech, Irokoâs Jason Njoku is now an [activist capitalist] determined to build Nigeria. He has put his money where his mouth is. Through Spark, his company that builds companies, he [has invested $45m] in event booking platform OgaVenue. The first of many, no doubt.
Most of the time, entrepreneurship is not fun and games, and we often hear only about those who do well. Sheriff Shittuâs [brutal honesty] about his entrepreneurial journey so far, has left everyone who read it with a lump in their throat. Sigh.
#JibrinWatch
On Tuesday, the Presidential Advisory Committee on Anticorruption [invited Abdulmumin Jibrin] to submit a detailed petition on the allegations he has levelled against the House leadership. Jibrin also [announced] via Twitter that he is open to becoming a lecturer and offering pro-bono services to NGOs. A man of many talents apparently.
Other things that caught our eye this week
Linda Ikeji is expanding, [and hiring].
Nigerian Twitter argued throughout Thursday about whether earning N200,000 a month is enough to start a family with. [Here are some of the best tweets].
Eyitayo Jegede [becomes PDP flagbearer] in the Ondo governorship elections billed for November 26th. Here are [7 quick facts] about him.
Lagos governor Akinwnmi Ambode has [approved N15 million] as seed funding for students enrolled in the Ready. Set. Work programme.
In a city trying to get back on its feet after years of violence, here is a special report about the [Landlord of Maiduguri].
Why do change makers who get into Nigerian politics become âjust like themâ? [Check out this thread].
Thanks for sticking with us throughout this week and donât forget to share this. Cheers to the weekend!
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