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CBN Governor Cardoso Urges Nigerians to Rethink “Japa” Amid Economic Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called on Nigerians to reconsider emigrating, commonly referred to as “Japa,” emphasizing the need for collective efforts to rebuild the nation.
Speaking at the 59th annual Bankers Dinner organized by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, Cardoso outlined two key reasons for his appeal.
He warned that emigrating often involves selling assets at undervalued prices, which benefits opportunistic buyers.
He also stressed the importance of being part of the solution to Nigeria’s challenges, citing increased interest from international investors in the country’s potential.
Cardoso acknowledged the difficulties caused by recent economic reforms but assured Nigerians that these measures aim to create an economy where businesses and individuals can thrive.
He urged collaboration among banks, regulators, businesses, and citizens to achieve this vision.
“Now is the time for all hands to be on deck,” Cardoso concluded.
Nigerian comedian Seyi Law takes to social media as he defends President Bola Tinubu. The comedian stated that the president has done a lot in his administration and claimed that Nigeria is safer and economically sound under his administration.
He then compared how things now to past years under the administration of others, and shared how things were bad. He claimed that now the economy is stabilized.
“Nigeria is safer now than 10 years ago. This government has killed more bandits than any government in Nigeria since the time of Jonathan. When last have you heard of bomb blast in Nigeria?”
It has been reported that fire occurred at the Murtala Muhammed International Airport, Lagos (MMIA), Terminal 1. This fire incident occurred on Monday, 23rd of February, 2026.
Passengers at that terminal were spotted running away for safety after seeing the fire and the alarm.
The Federal Airports Authority of Nigeria (FAAN) released a statement and shared that no life was lost and people were saved and avoided danger.
It has been reported that Kano State has closed down all entertainment spots across the state. This was stated to happen because of the ongoing Ramadan fast.
The federal government shared that the new law will take place from 18th of February, 10 pm, till the last day of Ramadan. This is in order for the people participating in it to truly focus on the fast.
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