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Presidency Debunks Rumors of CBN Governor Cardoso’s Resignation

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The Presidency has firmly denied recent claims circulating in the media, alleging that President Bola Ahmed Tinubu has instructed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to step down from his position.

The rumours surfaced on various online platforms, which reported that the president had given a directive for Cardoso’s resignation.

In response to these reports, Bayo Onanuga, the Special Adviser to the President on Information and Strategy, took to his verified X account, @aonanuga1956, to address the situation.

He dismissed the claims as entirely false, labelling them as “all lies.” Onanuga urged the public to disregard the misleading information, stressing that there was no truth to the rumours about Cardoso’s resignation.

The presidency’s swift reaction underscores its commitment to curbing the spread of misinformation and ensuring that the public receives accurate updates regarding the actions and decisions of the government.

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This response also reflects the ongoing support for Cardoso’s leadership at the CBN, signalling stability in the country’s financial sector.


 

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Pastor Kumuyi Says His Wife’s Death Motivated His Global Fight Against the Devil

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Pastor William Kumuyi, the General Overseer of Deeper Christian Life Ministry, has opened up about how the death of his wife, Abiodun, in 2009 pushed him into what he describes as a mission of revenge against the devil. Speaking during the Global Workers’ Conference, Kumuyi revealed that he received the heartbreaking news just after preaching at Faith Clinic.

He believes the devil struck while he was away from home. Since then, he said his response has been to take the gospel even further, using his ministry to fight back. In his words, the next chapter of his calling has been all about “revenge.”

Since her passing, Kumuyi has intensified his efforts, traveling across nearly every local government in Nigeria, reaching all African nations, and visiting continents around the world. He remarried in 2010, but says his wife’s death marked a turning point in how far and wide he spreads the gospel.


 

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Nigerian Gospel Singer Big Bolaji Laid to Rest in Ibadan

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Late gospel singer, Big Bolaji was out to rest at the funeral ceremony held in Ibadan, Oyo state.

It can be recalled that the late singer passed away from an illness on the 19th of April, 2025.

Friends, family and colleagues gather at the ceremony to honour their late friend and singer. Many also take to social media to share a heartwarming tribute to the gospel singer.


 

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Tinubu Says Ending Fuel Subsidies And Fixing Taxes Are Helping Nigeria

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Two years into his administration, President Tinubu highlights key achievements in Nigeria’s economy and social sectors. He reminds Nigerians of the tough choices made early on, like removing fuel subsidies and fixing foreign exchange policies, to stop the country from slipping into crisis. These bold moves have started to pay off.

Inflation is easing, staple food prices are dropping, and the oil sector is seeing renewed growth with billions invested. The government has improved revenue collection, narrowed the fiscal deficit, and built up reserves to protect Nigeria from shocks.

Tax reforms are helping small businesses and protecting low-income families by cutting VAT on essentials like food and education. The administration is also supporting new industries through targeted incentives and making trade easier and fairer.

On the social front, health services are expanding with thousands of primary health centers being upgraded and new cancer treatment centers opening. Free and subsidized medical care is reaching more Nigerians, while health insurance coverage grows steadily.

The president also points to progress in education, youth empowerment, and infrastructure development as the foundation for long-term growth. Despite challenges, these efforts show that Nigeria is moving in the right direction, building a stronger economy and better future for all its people.

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