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CBN: Tinubu’s Nominee Shuns Senate Screening, Rejects Appointment

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A nominee for membership of the Central Bank of Nigeria Board of Directors, Urum Kalu Eke has declined the offer stating that he was currently engaged in the World Bank.

This came to the fore during the Thursday plenary when the Senate began the process for the confirmation of the nominees.

President Bola Tinubu had on February 13 forwarded the names of Urum and four others for confirmation as members of the board for the CBN.

But during the confirmation, former Governor of Abia State, Senator Orji  Kalu,(APC, Abia North ) told the Senate that the person who is his constituent had called him on the phone to reject the offer, noting that it would conflict with his present job as a consultant with the World Bank.

He said, “The nominee told me this role would conflict with his job as a consultant to the World Bank, Federal Government agencies and other private companies.”

Meanwhile, the Senate has confirmed the appointment of four other members of the Board of Directors of the CBN forwarded to it by the President.

Those confirmed by the Senate on Thursday as Directors are Robert Agbede; Ado Yakubu Wanka; Professor Murtala Sabo Sagagi and Mrs. Muslimat Olanike Aliyu.

The confirmation was sequel to the consideration of a report of the screening of the nominee presented by the Chairman, Senate Committee on Banking, Insurance & Other Financial Institutions by the Chairman, Senator Adetokunbo Abiru, (APC, Lagos East).

Abiru said, “That the Senate do receive and consider the report on the confirmation of the nomination of the following Five (5) persons as members of the Board of Directors of the Central Bank of Nigeria in accordance with section 6(1), (2) (d) and 10 of the Central Bank of Nigeria Act, 2007.”

According to him, the Committee did not clear Urum Kalu Eke from Abia because he failed to appear before the Committee for screening.

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A Peep into the World of Nollywood Acctress, Judith Iwu

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Name: Judith Iwu

Age: 42 years old

Place of Birth: Sokoto State, Nigeria

Partner: Ogechi Nwanekwu

Children: Bayo Iwu, Kizito Iwu, Angelica Iwu

Height: 6 feet tall

Award: International Media Personality Award

Career:

Judith Iwu is a renowned Nigerian actress with a distinguished career in Nollywood. Her exceptional acting talent has made her a standout performer in the industry, known for taking on complex roles that captivate audiences.

Notable Movies:

Judith Iwu has starred in several notable movies, including:

“House of Trouble”

“Priceless Woman”

“Nicest Gifts to Men”

“Evil Household”

“Virgins on Fire”

“Agony of Love”

“The Tigress”

These films have showcased her versatility, earning her respect from both peers and fans in the entertainment world.

Award:

Judith Iwu received the prestigious International Media Personality Award, highlighting her contributions not only as an actress but as a key figure in the media space. Her work continues to inspire upcoming talent within the industry.

Ended Marriage:

Judith Iwu’s marriage ended in 2006. After this, she faced the challenge of raising her three children—Bayo, Kizito, and Angelica—singlehandedly. Despite the personal difficulties, she balanced her responsibilities as a mother with her thriving acting career.

Current Partner:

Judith is currently in a supportive relationship with Ogechi Nwanekwu, who plays a significant role in her life. Together, they navigate their shared life while Judith continues to pursue her passions in the entertainment industry.

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Dele Momodu Bags NAOSNP Media Icon of the Decade Award, Thanks ‘Colleagues’

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By Eric Elezuo

Veteran and celebrated journalist, who is the Chairman, Ovation Media Group, Aare Dele Momodu, has been named the National Association of Online Security News Publishers (NAOSNP) Media Icon of the Decade for his contribution to the field of journalism as well as lifting budding journalists to reach their desired heights.

The award was presented by the Minister of State for Police Affairs, Hajia Imaan Sulaiman-Ibrahim, who was the Distinguished Guest of Honour at the occasion, assisted by the Assistant Inspector-General of Police in charge of Zone 2, Onikan, AIG Adegoke Fayoade, President of NAOSNP, Samson Oki and a host of other dignitaries present, at the 2024 National Security Conference of the Association, held at the Oriental Hotel, Lagos,  on Wednesday.

In her remarks at the presentation, the Honourable Minister praised the Ovation boss for his continuous to journalism, projecting African business and political leaders as well as other Nigerians in a positive light.

“We thank you Mr Ovation for all you do and continue to do. You deserve the award, and I happily present it to you,” the Minister, who reminisced with gusto the season Ovation covered her event, said.

In his response, an elated Dele Momodu, expressed gratitude to the executives and members of NAOSNP, whom he modestly described as ‘colleagues’, for considering him for the award, saying that it is always a thing of joy when your own constituency acknowledges your good works, and shows appreciation.

“I thank the members of this association for this award. It is fulfilling when your own colleagues remember you, and support you with an award of thus type. I thank the honorable minister for being available to present it to me. God bless the Federal Republic of Nigeria,” he said with a sense of patriotism.

Born on May 16, 1960, in the ancient city of Ile-Ife, Osun State, Chief Dele Momodu, a distinguished African Journalist of high repute, fulfills the dictates of impeccability in credentials, testimonials and track record.

A publisher, businessman, philanthropist,  and more, he runs the highly rated Ovation International Magazine, a member of the Ovation Media Group, that has given publicity to numerous personalities. Others in his line of publications are Ovation Television and The Boss Newspaper.

Momodu has redefined negative perceptions of Africa, profiling positively African personalities, using his X, Instagram and more, where his followership runs into millions.

A former presidential candidate, Momodu has a degree in Yoruba, from the Obafemi Awolowo University and Doctorates (honoris causa) from various universities, with multiple traditional titles.

He is well traveled, and has visited over 69 countries of the world.

He is married, with four children.

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Kyvatron Revolutionises Arbitrage Trading in Nigeria

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Bayo Chisom Iwu, Founder/CEO of Kyvatron, a multinational arbitrage trading company, is changing the face of investment in Nigeria. Established in June 2022, Kyvatron specialises in sourcing commodities and currencies cheaply in bulk and reselling them at a profit.

Iwu’s vision for Kyvatron began as a solo endeavor, but he soon realised the need for a more professional approach to attract major investors. Today, Kyvatron boasts an impressive portfolio, with operations spanning the US, UK, China, and Nigeria.

The company’s focus on arbitrage trading eliminates risks associated with traditional investments. By sourcing currencies and commodities in bulk, Kyvatron capitalises on wholesale rates and resells at retail prices, generating consistent profits.

Kyvatron’s innovative approach has attracted numerous investors seeking to combat inflation and financial insecurity. The company’s stable trading profits have positively impacted many lives, with returns reaching up to 23% per month.

“We specialise in Yuan Arbitrage trading, sourcing Chinese currency in bulk and reselling for profit,” Iwu explained. “Our profit comes from sourcing things in bulk, and with cryptocurrency, we can move billions of naira quickly and efficiently.”

To mitigate risks, Kyvatron deals with established brands and reputable partners, ensuring secure transactions. The company’s use of stable coins like USDT, pegged to the US dollar, protects investors from market fluctuations.

Kyvatron’s expansion plans include establishing more offices in Nigeria, with a focus on creating awareness about the benefits of arbitrage trading. Iwu aims to make the platform more robust, enabling users to pay suppliers directly and facilitating international trade.

“We’re filling a gap in the market, providing a secure and profitable investment opportunity for Nigerians,” Iwu said. “Our goal is to make Kyvatron a household name, synonymous with trust and reliability.”

With its innovative approach and commitment to investor satisfaction, Kyvatron is poised to revolutionise Nigeria’s investment landscape.

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