Shettima: Tinubu’s Administration Has Secured over $20bn in Potential Investments FX inflows in Q1, 2024 reached 136% of total 2023 inflows, says Cardoso
Nume Ekeghe Vice President Kashim Shettima
yesterday announced that the administration of President Bola Tinubu had successfully secured
potential investments worth more than $20 billion. Also, the Governor of the Central
Bank of Nigeria (CBN) Olayemi Cardoso noted that the foreign exchange (FX) inflows recorded in
the first quarter (Q1) into Nigeria was 136 per cent of the total inflows recorded in 2023.
Cardoso also restated that the Continued on page 5
NBS to Rebase GDP, Inflation Estimates to Capture New Economic Frontiers... Page 5 Friday, May 24, 2024 Vol 29. No 10635. Price: N400
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Akume: Difficult Choices Being Made By Our Govt Are to Prevent Collapse of System Onyebuchi Ezigbo in Abuja Secretary of the Government of Continued on page 5
Sanusi
Sanusi’s Reinstatement in Kano’s Best Interest, Says Gov Yusuf Orders Bayero, siblings to vacate office in 48hrs Court stops reinstatement, orders govt to maintain status quo Alex Enumah in Abuja, Wale Igbintade in Lagos and Ahmad Sorondinki in Kano Kano State Governor, Abba Yusuf, yesterday, reinstated Muhammad Sanusi II as Emir of Kano, four years after he was deposed, saying the decision to return him to the stool is in the best interest of the state and its people. Yusuf, who signed the new Kano Emirate bill (2024) into law, declared Sanusi's reinstatement as the 16th Emir of Kano, and pointed out that the new law would bring unity to the people of Kano as well
as foster sustainable socio-economic development. He issued a 48-hour ultimatum to the man who had replaced Sanusi, Aminu Ado Bayero; his brother, Nasiru Ado Bayero; and three other former first class monarchs to vacate their palaces and hand over all emirate’s property to the office of the Commissioner for Local Government Affairs. But, in a dramatic but curious turn of events, a Federal High Court in Kano State, last night, stopped the reinstatement of Muhammad Continued on page 5
FBN Holdings Declares N359bn AT YOUR MAJESTY'S SERVICE... Majesty King Charles III (R) with Florence Otedola (DJ Cuppy) at Buckingham Palace when he hosted ambassadors at a special reception for Profit Before Tax in 2023FY... Page 9 His The King’s Trust International… yesterday