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Ex-ABN Chieftain, Abimbola Davis dies at 67

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Abimbola Davis Photo credit: Getty image Abimbola Davis, a prominent figure in Nigerian politics and sports, passed away, marking the end of an era. Born on September 29, 1957, in Ibadan, Davis made multifaceted contributions to various spheres of society. Davis gained prominence as a chieftain of the Association for Better Nigeria (ABN) during the tumultuous period surrounding the annulment of the June 12, 1993, presidential election, led by Arthur Nzeribe. Renowned for his passion for golf, Davis was a familiar face at the Ibadan Golf Club, earning respect and admiration among fellow enthusiasts. His sudden demise in his Jericho residence in Ibadan on Friday came as a shock to many. According to his elder brother, Mr. Azeez Olalekan, Davis's death followed a sudden deterioration in his health, despite appearing lively just days prior. Davis's legacy extends beyond politics and sports. As Chairman/CEO of Capital 3 Limited, he played a pivotal role in business consulting, parti
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President Bola Tinubu Advocates for the Use of Old and New Naira Notes as Emefiele Prepares to Depart.

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President Bola Tinubu Advocates for the Use of Old and New Naira Notes as Emefiele Prepares to Depart. Tinubu to do house cleaning in CBN Photo credit: Bloomberg Source: Getty Images President Bola Tinubu, in a persuasive move, takes a stand on the utilization of both old and new naira notes amidst the imminent departure of Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), who has served diligently for nine years. In an unprecedented announcement, President Bola Ahmed Tinubu assures the nation that both the old and new naira notes will retain their status as legal tender. This declaration follows the CBN's earlier announcement on October 26, 2022, revealing the redesign and introduction of higher denominations (N200, N500, and N1,000) into the economy from December 15, 2022. Addressing the nation on Monday, May 29, 2023, in his inaugural speech as president, Tinubu affirms his administration's commitment to reevaluating the naira redesign policy. Furthermore,
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