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Cardoso: CBN Silent Amid Allegations Of N10bn Bulletproof Cars Purchase—-The Central Bank of Nigeria (CBN) has remained silent following allegations that its Governor, Olayemi Cardoso, along with four Deputy Governors, purchased six armored luxury vehicles valued at N10 billion.

The news, which surfaced two days ago, has sparked criticism due to the ongoing economic challenges faced by many Nigerians.

The report, originally published by the Daily Nigerian on August 30, 2024, alleged that Governor Cardoso and his deputies acquired six armored Lexus LX 600 2023 models.

This purchase has raised eyebrows, especially since the officials already have SUVs as part of their convoys. Furthermore, there are allegations that these senior officials have significantly increased their housing allowances, reportedly surpassing N1 billion.

Despite the growing public concern, the CBN’s spokesperson, Sidi Hakama, has not addressed the accusations.

The bank’s official communication channels, including its X handle and website, have also remained silent on the matter.

These developments come nearly a year after Governor Cardoso’s appointment by President Bola Ahmed Tinubu on September 15, 2023.

Since assuming office, Cardoso’s administration has seen the Monetary Policy Committee implement stricter measures, including raising the interest rate to 26.75 percent in July 2024.

While Nigeria’s inflation rate showed a slight decline to 33.40 percent in July 2024 from 34.19 percent in June 2023, the prices of goods remain high. Meanwhile, the exchange rate of the Naira to the U.S. Dollar stood between N1598.56 and N1645 in the official and parallel markets, respectively, as of Friday.

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2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option

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Atiku Abubakar Backs Consensus Candidate for African Democratic Congress

2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option—-Former Vice President Atiku Abubakar says the African Democratic Congress (ADC) will prioritise a consensus approach in selecting its presidential candidate for the 2027 general elections, but may conduct primaries if internal talks fail.

Speaking on a prime-time programme on Arise TV, Atiku explained that party leaders are working to avoid internal disputes by rallying around a single candidate through dialogue and agreement.

He expressed confidence that stakeholders would reach a common ground, noting that experienced politicians within the party understand the importance of unity.

According to him, the ADC is focused on strengthening Nigeria’s democracy, with members committed to managing differences without causing division.

Atiku also reiterated his willingness to support whoever emerges as the party’s flagbearer, regardless of the selection method.

He further stated that he is open to stepping aside for any aspirant, including Peter Obi, if they emerge as the preferred choice, emphasizing that unity within the party remains the top priority ahead of the 2027 elections.

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Ousmane Dembélé Hits Brace as Paris Saint-Germain Knock Out Liverpool from UCL

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Paris Saint-Germain Knock Out Liverpool from UCL

 Ousmane Dembélé Hits Brace as Paris Saint-Germain Knock Out Liverpool from UCL—-Ousmane Dembélé starred with a brace as Paris Saint-Germain secured a 2-0 victory over Liverpool at Anfield, sealing a dominant 4-0 aggregate win to reach the UEFA Champions League semi-finals.

The French forward proved decisive on the night, scoring twice to end Liverpool’s European campaign and send the defending champions into the last four for a third consecutive season.

Liverpool’s night was further marred by a serious injury to Hugo Ekitiké, who was forced off in the first half with what appeared to be a severe leg issue, raising concerns over his availability for the remainder of the season.

Manager Arne Slot made bold selection calls, leaving Mohamed Salah on the bench initially, though the forward was introduced early following Ekitiké’s injury and nearly made an instant impact.

Despite flashes of pressure from Liverpool, PSG remained composed and dangerous on the counter. Dembélé broke the deadlock in the second half with a fine curling effort before adding a second in stoppage time from a Bradley Barcola assist.

Liverpool’s hopes of a comeback were also dashed when a penalty awarded for a challenge on Alexis Mac Allister was overturned following a VAR review.

The defeat confirms a disappointing end to Liverpool’s European campaign, while PSG continue their title defence and will face either Bayern Munich or Real Madrid in the semi-finals.

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