Justice, Integrity, and Vigilance

As the political temperature in Anambra State continues to rise ahead of November 8, 2025 gubernatorial election, I feel compelled as a son of the soil, a custodian of our cultural values, and an active participant in our democratic journey, to offer my candid opinion on the disturbing trend in the ongoing public exchanges between two notable political figures, His Excellency, Prof. Chukwuma Soludo, the Executive Governor of Anambra State, and Distinguished Senator Uche Lilian Ekwunife. ‎ ‎While robust debates and healthy competition are the hallmarks of every thriving democracy, it is disheartening that what ought to be a contest of ideas has degenerated into a battle of insults, personal attacks, and unfortunate drags of family members into the political crossfire. The recent social media banters and public utterances between these two leaders have not only derailed from issue-based campaigns, but have also struck a blow at the cultural fabric that holds us together as Ndi Anambra ...

  ‎ ‎In the volatile world of politics, where mudslinging often replaces messages, it is not uncommon for innocent parties to find themselves drawn into controversies they neither initiated nor deserve. The recent social media exchanges involving Senator Lilian Uche Ekwunife and the Governor of Anambra State, Professor Charles Chukwuma Soludo, regrettably included a name that should have never been mentioned in such a political scuffle, Dr. Nonye Frances Soludo, the First Lady of Anambra State. ‎ ‎In as much as political campaigns are known to be spirited, often heated, and sometimes personal, there are lines of decency, decorum, and dignity that must not be crossed. Dr. Nonye Soludo represents one of those lines. Her name should be spoken only in the context of virtue, excellence, and service not dragged into partisan brawls. ‎ ‎ *A LIFE OF QUIET EXCELLENCE*  ‎ ‎Dr. Nonye Soludo is not a politician; she is a public-spirited woman, a deeply accomplished entrepreneur, and a co...

  ‎ ‎Email: totalpolitics@ymail.com ‎ ‎ ‎The recent meeting between Olayemi Cardoso, Governor of the Central Bank of Nigeria, and Gabriel Galípolo, President of the Central Bank of Brazil, underscores the growing importance of bilateral relations between Nigeria and Brazil. With Brazil boasting the largest Afro-Brazilian community outside Africa, Cardoso highlighted the potential for increased remittance flows between the two nations. This meeting, part of President Bola Tinubu's state visit to Brazil, focused on strengthening economic ties, particularly in monetary policy, financial stability, and regulatory cooperation. Cardoso emphasized the value of knowledge-sharing and institutional collaboration, citing opportunities in payment systems, fintech, and mobile money. Nigeria aims to build a resilient financial system that attracts capital, leverages diaspora remittances, and fosters a stable trade and investment environment. Brazil's expertise in financial inclusion ...

‎ ‎Email: totalpolitics@ymail.com ‎ ‎ ‎The Central Bank of Nigeria's recent forensic audit of FX forward contracts, conducted by Deloitte, marks a significant milestone in the country's efforts to regulate and oversee the foreign exchange market. While the CBN has been actively involved in implementing guidelines for FX derivatives and modalities for CBN FX forwards, this audit is notable for its comprehensive investigation into all outstanding and undelivered FX forward contracts under the Retail Secondary Market Intervention Sales scheme. ‎ ‎The audit's findings, which uncovered significant irregularities such as mismatches in beneficiary identities, inflated FX requests, and unapproved imports, highlight the need for stricter oversight and enforcement. By identifying and addressing these irregularities, the CBN aims to safeguard Nigeria's foreign exchange reserves, promote market discipline, and ensure fairness among market participants. ‎ ‎The CBN's comm...

  ‎August 2013 will forever remain etched in the collective memory of Enugwu-Agidi, not just as a date on the calendar, but as a moment of unspeakable tragedy, heartbreak, and reflection. It was the month when Engr. Sarlos Azubike Okoye, fondly known as Ojimkpologwu, was kidnapped and gruesomely murdered,  a son of the soil, silenced by the very society he loved and sought to uplift. ‎ ‎To this day, the news of his killing continues to chill the spine of all who knew him. The pain is not only in the act itself but in the betrayal, the knowledge that those responsible were not distant enemies, but individuals widely suspected to be from within our own community. His death is a solemn reminder of what happens when hatred festers, brotherhood crumbles, and communal values are sacrificed on the altar of greed, envy, and betrayal. ‎ ‎Until his untimely death, Engr. Sarlos was a shining light, not just in name, but in action. His philanthropic legacy cut across religious, educa...

  ‎ ‎ ‎Story by Okeke Nnamdi ‎ ‎According to court documents sighted by our news outlet, Hon. Chuma Nzeribe, the LP candidate and one time member of the House of Representatives, is a convicted felon. ‎ ‎In 2020, Nzeribe was arraigned at an FCT High Court Holden in Maitama, Abuja before Justice Y. Halilu on a for count charge bothering on fraud, cheating by impersonation, forgery of government document and misrepresentation. The case stemmed from the suit filed against him by the Economic and Financial Crimes Commission (EFCC) in case number FCT/CR/791/2020 titled Hon Chuma Nzeribe v Federal Republic of Nigeria. ‎ ‎Upon his conviction he was sentenced to 10 years in Prison for Count 1, 10 years for Count 2 and five years in prison for count 3. The prison terms are to run concurrently. He was also fined N10m on each of the 4 Count charges. ‎ ‎Upon his conviction and sentencing he was confined to Kuje Correctional Centre to live his prison terms. ‎ ‎The question begging f...

  ‎ ‎ ‎The Central Bank of Nigeria (CBN) has sounded the alarm on a disturbing rise  of digital financial fraud cases in the country. According to the CBN Governor, Olayemi Cardoso, financial fraud has surged by a staggering 45% within a single year, with a significant 70% of the resulting losses attributed to digital channels, particularly unregulated virtual asset platforms. This revelation was made at a public lecture organized by the Economic and Financial Crimes Commission (EFCC) in Abuja. ‎ ‎The CBN's Financial Stability Report 2024 highlights the gravity of the situation, revealing a sharp increase in financial fraud cases. The report also notes that over 30 Ponzi-style investment schemes exploiting digital currency narratives have been flagged by the Securities and Exchange Commission (SEC) and other agencies. These developments pose significant risks to the country's financial system, including loss of consumer confidence, weakening of financial integrity, and rep...

  The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed concerns over the Central Bank of Nigeria's (CBN) recent directive suspending dividend payments by banks. The directive, which is part of the CBN's stricter stance on regulatory forbearance, has sparked worries about its timing and potential impact on the banking sector. ASHON believes that the timing of the directive is inappropriate, given the efforts by banks to meet the CBN's capital requirements. The policy might hinder ongoing capital-raising efforts, especially for banks working to meet regulatory targets, by weakening investor interest. The directive has already had an immediate impact, with banking stocks declining sharply at the start of trading. The banking sector opened the week on a shaky note, with bearish sentiment hitting hard. Although the sector recovered some ground later in the day, most banking stocks still closed in the red. In a bid to calm market nerves, ASHON offered rea...

    Email: totalpolitics@ymail.com  The Central Bank of Nigeria (CBN) has issued a directive instructing banks operating under regulatory forbearance to suspend dividend payments, defer bonuses for executives, and halt investments in foreign subsidiaries or offshore ventures. This move is part of the CBN's broader strategy to reinforce capital buffers, improve balance sheet resilience, and ensure prudent capital retention within the banking sector. Key Highlights of the Directive - *Suspension of Dividend Payments*: Affected banks are required to suspend all dividend payments to shareholders until their capital adequacy and provisioning levels are independently verified to meet prevailing regulatory standards. - *Deferment of Bonuses*: Bonuses to directors and senior management staff are to be deferred, ensuring that internal resources are retained to meet existing and future obligations. - *Halt on Foreign Investments*: Banks are prohibited from making new investments in...

  Email : totalpolitics@ymail.com  The Central Bank of Nigeria's (CBN) decision to impose a 50% Cash Reserve Ratio (CRR) on banks has sparked concerns about a severe liquidity crunch in the banking sector. This move, analysts argue, contradicts the country's ambition of achieving a $1 trillion economy by 2030. With banks now required to keep a significant portion of their deposits with the CBN, their ability to lend and support economic growth is severely restricted. The consequences of this cash crunch could be far-reaching. Credit growth may slow down, and market sentiment towards Nigerian banks could turn bearish. The CBN's policy mix creates conflicting incentives, where recapitalization aims to expand lending capacity, but the CRR hike stifles liquidity. This could lead to reduced economic activity, increased unemployment, and decreased investor confidence. To mitigate the crunch, the CBN should consider revising its stance and reducing the CRR to boost liquidity and o...