OSHIOMHOLE CONVINCED US TO MAKE OBASEKI GOVERNOR- PHILP SHAIBU. (PHOTO).

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  Oshiomhole Convinced Us To Make Obaseki Governor – Philip Shaibu Philip Shaibu, the former Deputy Governor of Edo State, has disclosed that his choice to support his former boss, Godwin Obaseki, stemmed from his respect for Adams Oshiomhole, the former National Chairman of the All Progressives Congress (APC). According to Naija News, Shaibu shared his doubts about Obaseki during an interview on Channels Television’s Political Paradigm program on Tuesday. Shaibu admitted that he lacked confidence in Obaseki's leadership even before they took office on November 12, 2016. He explained that despite his initial hesitations, he ultimately backed Obaseki out of respect and based on the assurances provided by Oshiomhole. He stated, “Obaseki is not a politician. We made him governor because Oshiomhole persuaded us. I was not among those who thought he should not be governor; it was because I didn’t have faith in him. “When he was nominated to run, I was the last person to oppose him, but ...
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ETHIOPIA,UAE SIGN PRELIMINARY AGREEMENTS ON USE OF NATIONAL CURRENCIES IN BILATERAL TRANSACTIONS.(PHOTO).

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 Ethiopia, UAE Sign Preliminary Agreements on Use of National Currencies in Bilateral Transactions


The National Bank of Ethiopia (NBE) and the Central Bank of the United Arab Emirates (CBUAE) have signed a preliminary memorandum of understanding (MoU) on the use of the two countries' national currencies in bilateral transactions.


The MoU also encourages financial and banking cooperation through knowledge-sharing, ultimately supporting the development of their respective financial markets whilst facilitating bilateral trade and bolstering direct investment.


In addition, Abu Dhabi and Addis Ababa, which is facing a significant foreign exchange shortage, signed a bilateral national currency swap agreement of up to 3 billion dirhams for 46 billion birr, or nearly $817 million.

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