News
JUST IN: CBN Gets New Governor

Mr. Folashodun Adebisi Shonubi is now the acting Governor, Central Bank of Nigeria (CBN).
Who is Folashodun Adebisi Shonubi?
Mr. Folashodun Adebisi was born on the 7th of March, 1962. He attended the University of Lagos from 1978 to 1983 and obtained a Bachelor of Science in Mechanical Engineering.
He further obtained a Master of Science in Mechanical Engineering in 1985 with bias in Production Engineering from the same University. From 1988-1989 he shifted grounds to Finance and obtained a Masters’ in Business Administration specializing in Finance.
READ ALSO: BREAKING: DSS Arrests Ousted CBN Governor, Emefiele
He began his working experience as a Consultant Engineer at Mek-ind Associates and worked from 1984 to 1989. From 1989 to 1990, he was a Marketing Executive at Inlaks Computers Limited.
He moved to Citibank Nigeria Limited as Head, Treasury Operations from 1990 to 1993. He joined Agusto & Co. Ltd as a Supervising Consultant from 1993 to 1996 from where he moved to MBC International Limited as Deputy General Manager, Banking Operations & Information Technology from 1999. In 1999, he joined First City Monument Bank (FCMB) Limited as Vice-President, Operations & Information Technology and was there till 2002.
In 2003, he moved from FCMB to Ecobank Nigeria Plc as an Executive Director, Operations & Information Technology and in 2007 he became the Director, Information Technology and Corporate Services, Renaissance Securities Nigeria Limited. He was recruited by Union Bank of Nigeria Limited as an Executive Director, Operations, Technology and Services, September 2009 to April 2012.
READ ALSO: BREAKING: President Tinubu Fires Emefiele As CBN Governor
He became the Managing Director/CEO, Nigeria Inter-Bank Settlement System Plc from May 2012 to October 2018. October 2018 to date, Mr. Folashodun is the Deputy Governor, Operations of the Central Bank of Nigeria (CBN) representing the Governor of the Central Bank of Nigeria on the Board of FIRS since the 9th of December, 2019. He is married with children.
On June 9, 2023, he became the Acting Governor of the Central Bank of Nigeria (CBN)
News
Otuaro Felicitates Tompolo On Honorary Doctorate Award

Administrator of the Presidential Amnesty Programme (PAP), Dr Dennis Otuaro has congratulated High Chief Government Oweizide Ekpemupolo, popularly known as Tompolo, on the conferment of an Honorary Doctorate of Laws (LLD) by the E.K. Clark University.
Otuaro described the recognition as well-deserved and befitting, noting that Tompolo has, over the years, demonstrated uncommon commitment to the peace, progress, and stability of the Niger Delta and Nigeria at large.
According to him, Tompolo’s role in sustaining peace in the region, particularly through his steadfast support for dialogue, community engagement, and nonviolent approaches to conflict resolution, has made a significant contribution to national security and economic stability.
READ ALSO:Tompolo, Otuaro: Call Your Subjects To Order, IYC Tells Itsekiri Monarch
He further noted that, beyond his contributions to peacebuilding, Tompolo has demonstrated extraordinary compassion, philanthropy, and devotion to humanitarian causes.
He added that his investments in youth empowerment stand as clear evidence of a man whose heart is truly with his people.
“Tompolo’s good heart, generosity, and love for humanity distinguish him as a leader of rare character,” Otuaro said.
READ ALSO:Customs Launches One-stop-shop To Cut Cargo Clearance To 48 Hours
The PAP Administrator commended E.K. Clark University for identifying and honouring a personality whose impact continues to resonate across the Niger Delta and beyond.
He urged other institutions to emulate such gestures that celebrate individuals advancing society through selfless service.
Dr Otuaro prayed for God’s continued guidance, long life, and strength for High Chief Ekpemupolo as he continues to serve the Niger Delta and Nigeria with dignity, wisdom, and compassion.
News
JUST IN: Defence Minister, Badaru Mohammed Resigns

The Minister of Defence, Mohammed Badaru, has resigned his appointment with immediate effect.
His resignation was contained in a letter addressed to President Tinubu and dated December 1.
READ ALSO:PHOTOS: Police Inspector, Others Die In Lagos-Ibadan Expressway Multiple-truck Crash
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, confirmed this on Monday.
The presidential spokesman said Abubakar resigned on health grounds.
News
Police Deny Opening Recruitment Portal, Warn Nigerians Against Fake Adverts

The Police Service Commission has debunked reports circulating on social media and several unofficial websites claiming that it has opened a portal for recruitment into the Nigeria Police Force.
The Commission described the publications as fake, warning that they were created by fraudsters seeking to deceive and exploit unsuspecting Nigerians.
In a statement published on its official website on Monday, the PSC said it had not commenced any recruitment exercise.
“The general public is hereby informed that these publications are fake and entirely misleading.
READ ALSO:Police, PSC Set Up Committee To Recruit 30,000 New Officers
“They are the handiwork of fraudsters attempting to exploit innocent citizens,” the Commission said.
It added that no recruitment portal had been opened by the Commission.
“There is currently no ongoing recruitment into the Nigeria Police Force.
“The Police Service Commission has not opened any portal for such an exercise,” the statement added.
READ ALSO:Police Arrest 26 Over Fake Currency, Adulterated Diesel In Lagos
The PSC stressed that whenever recruitment begins, the announcement will be made strictly through authorised platforms.
According to the statement, official channels include advertisements in reputable national newspapers, announcements posted on the Commission’s verified website (www.psc.gov.ng), and formal press releases.
“We urge Nigerians to rely only on information published through these official channels.
READ ALSO:Police, PSC Set Up Committee To Recruit 30,000 New Officers
“Any recruitment portal not listed on our website is fraudulent and should be reported to the police,” the commission said.
The PSC advised the public to ignore the fake recruitment claims to avoid falling victim to scams.
The PUNCH had reported that the Police Service Commission has cautioned Nigerians seeking a career in the Nigeria Police Force to beware of fake recruitment adverts circulating online, insisting that it has not yet commenced the 2025 recruitment exercise.
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