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A Profile Of Folashodun Shonubi, The Acting Governor Of CBN

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The newly appointed acting governor of Central Bank Of Nigeria (CBN) by President Bola Tinubu, Folashodun Shonuhi, is an accomplished banker with a wealth of experience .

 

The decision to entrust Mr. Shonubi with overseeing the operations of the apex bank comes amidst the suspension of Godwin Emefiele, the former CBN governor, due to an ongoing investigation and planned financial sector reforms.

 

Mr. Shonubi, who has been serving as the Deputy Governor (Operations Directorate) at the CBN since October 2018, brings remarkable qualifications to his new role as he Holds a Master’s degree in Business Administration and another Master’s degree in Mechanical Engineering from the University of Lagos, possessing a strong academic foundation.

 

With over 30 years of professional experience, Mr. Shonubi has made significant contributions to Nigeria’s banking industry.

 

Prior to his appointment as Deputy Governor, he served as the Managing Director/CEO of the Nigeria Inter-Bank Settlement System PLC from 2012 to 2018.

 

His leadership and expertise have also been evident during his tenure as Executive Director of Information Technology and Operations at Union Bank of Nigeria Plc and Director of Information Technology and Corporate Services at Renaissance Securities Nigeria Limited.

 

Furthermore, Mr. Shonubi held key positions at renowned financial institutions such as MBC International, First City Monument Bank Limited, and Ecobank Nigeria Limited, where he played instrumental roles in driving operational excellence and innovation.

 

Throughout his career, Mr. Shonubi has been actively involved in various sub-committees of the Bankers’ Committee, demonstrating his commitment to ethics and professionalism in the banking sector.

 

As the new acting governor of the CBN, Nigeria hope Mr. Shonubi will bring an extensive knowledge, leadership acumen, and strategic vision to steer the central bank and contribute to the economic growth and stability of Nigeria.

 

With the appointment of Folashodun Shonubi as the new acting governor of the Central Bank of Nigeria (CBN), Nigeria is hopeful that his extensive knowledge, leadership acumen, and strategic vision will steer the central bank towards economic growth and stability.

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Musa Joins Jaiz Bank As Ambassador

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Super Eagles Captain, Ahmed Musa has been signed up by Jaiz Bank as a brand ambassador.

An elated Musa made the disclosure in a statement on his verified handle on micro-blogging site, X on Thursday.

The Kano Pillars striker urged his fans to troop to Jaiz Bank to do business for trusting him with the new role.

He exclaimed, “And to my amazing fans – if you want to support me, make sure to head over to Jaiz Bank and open your accounts with them today! ”

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He wrote, “✨Alhamdulillah✨ I am SO excited to announce that I’ve officially joined Jaiz Bank as their newest ambassador! 🎉💼
“A huge thank you to @JaizBankNG for trusting me and allowing me to be a part of this amazing journey! 🙏🏼💚 It’s an honor to represent a brand that believes in growth, security, and financial empowerment.

“I can’t wait to share all the incredible things we’ll be doing together! 🚀💡
And to my amazing fans – if you want to support me, make sure to head over to Jaiz Bank and open your accounts with them today! Let’s grow together! 💪🏼🔑

“@JaizBankNG is a non interest Financial institution poised with a mission to make life better through ethical Finance. 👌👌”

#NewBeginnings #BankWithJaizBank #PartneredUp #TeamJaizBank”

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Kenya Celebrates First Lady Rachel Ruto’s 56th Birthday

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On November 20, 2024, Kenya’s First Lady, Rachel Ruto, celebrated her 56th birthday and her husband President William Ruto publicly expressed his love and appreciation for his wife on this special day, wishing her well.

The birthday celebrations were marked by an outpouring of goodwill from political figures, media, and citizens across Kenya, who praised her for her grace, leadership, and significant contributions to society, particularly through initiatives like the Joyful Women Organisation, which aims to empower rural women.

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The day was characterized by a collective acknowledgment of her role as a national figure dedicated to community upliftment.

In a heartfelt message, President William Ruto took to social media, writing, “Happy birthday my love, @MamaRachelRuto. Continue being a blessing to me and our children. Mungu akubariki sana,” which translates to “God bless you abundantly.”

Other prominent leaders also extended their wishes to the First Lady, with Anne Waiguru, EGH, OGW, Governor of Kirinyaga County, tweeting, “Happy Birthday First Lady,” further showing the respect and admiration for Rachel Ruto’s leadership and impact.

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Gas Explosion in Katsina Filling Station Damages Six Vehicles

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A gas cylinder explosion at a filling station in Jibia Local Government Area of Katsina State has resulted in significant damage to six vehicles, according to a statement from the Katsina State Police Command.

The command’s spokesperson, Abubakar Sadiq-Aliyu, confirmed the incident, which occurred on Friday, November 15, 2024.

He explained that a loud explosion alerted police operatives from the Jibia Divisional Police Headquarters. Responding promptly, the Divisional Police Officer led a team to the site, supported by military personnel.

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“Upon arrival, operatives found a truck loaded with gas cylinders engulfed in flames at Tamal filling station, along Kagadama-Magamar Jibia Road,” Sadiq-Aliyu stated. The joint team acted swiftly, deploying measures to protect lives and limit property damage. Their efforts successfully extinguished the fire.

The spokesperson added, “Six motor vehicles were significantly affected by the fire incident, but fortunately, no life was lost.”

State Commissioner of Police, Aliyu Abubakar-Musa, has directed a thorough investigation to determine the cause of the explosion. Updates on the findings will be provided as investigations progress.

This incident highlights the need for heightened safety measures at gas filling stations to prevent such occurrences.

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