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Femi-Pearse’s Death Leaves Whispering Palms In Search Of A Messiah

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Before death in 2018 at the age of 86, Prof. Ayodeji Femi-Pearse was a man of supreme vision and this was exemplified in the creation of an amazing resort, Whispering Palms in Iworo, Badagry. But since his demise, the resort seems to be missing his innovations and desire for excellence.

During a recent visit to the resort,  it was quite obvious that things were not as lively as it used to be. Some of the fun facilities were left unclean and unattended to.

An insider told Tellitall that the resort was always lively and projects were always running when the founder was alive.

The source stated: “The resort was his property and he was always on the ground to ensure things were in order. Whenever there were visitors, he would personally welcome them.  He was even doing some projects before his demise. You know he was a visionary man. He loved innovations and was always thinking outside  the box.”

Ambode mourns death of Whispering Palms boss, Femi-Pearse | City Voice  Newspaper

At the resort, the clear difference between now and when the founder was alive in the maintenance culture. The management of the resort has dropped and projects embarked on by the founder have been abandoned so far.

Although the late professor of medicine was blessed with four kids – two boys and two girls – it was gathered that none of them has a keen interest in running the resort.  They lost Lara many years ago. The first child, a woman, oversees the activities in the resort but  only visits once in a while or when it is really necessary. One of the founder’s son is not based in Nigeria, while little is known about the other.

During his lifetime, Femi-Pearse had an illustrious academic career as Provost, Lagos University Teaching Hospital (LUTH), Acting Vice Chancellor, University of Lagos (UNILAG) and Pro-Chancellor, Lagos State University (LASU), among others. He retired into the hospitality industry to establish the famous seaside Whispering Palms leisure resort in 1991.

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CBN warns banks over foreign exchange malpractices

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The Central Bank of Nigeria, CBN, has insisted that the FX operating license of any bank or banks that are found guilty of ongoing investigations in foreign exchange malpractices would be suspended for at least a year.

The circular signed today by the Director Trade and Exchange Department, CBN,  Ozoemena Nnaji stated: “In line with the continuing close surveillance of our financial markets in general and the FX market in particular, the CBN wishes to remind all banks that it is their responsibility to not only Know their Customers (KYC requirements) but also Know their customers’ business (KYCB requirements).

“Given these responsibilities and in view of recent occurrences in the market, the CBN would like to remind banks to desist from all and any forms of FX malpractices.

“We wish to reiterate that the FX operating license of any bank or banks that are found culpable with ongoing investigations would be suspended for at least one year. Please note and ensure compliance.”

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Naira hits historic low of 543 against dollar

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The naira has continued to depreciate on the parallel market, selling for N543 to the dollar on Thursday.

The bureau de change operators in Abuja bought dollar at N540, then it was sold for N543.

The British Pound was also sold for £1/N740.

This comes 44 days after the Central Bank of Nigeria barred sale of Forex to all bureau de change operators across the country.

On June 27, 2021, the CBN ended the sales of Forex to BDCs saying the parallel market had become a conduit for illicit Forex flows and graft.

The CBN said it would also no longer process applications for BDC licences in the country.

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Zugacoin hits $87,000 against Bitcoin $41,000

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Zugacoin, a cryptocurrency  founded by Professor Archbishop Sam Zuga AKA Jehovah’s Field Marshall is now trading at the value of 87,000 dollars against Bitcoin 41,000 dollars.
Africans are advised to take advantage of Zugacoin for their financial freedom especially as it is also on binance network SZCB and has been listed on 10 different Exchange including VinDAX and Pancakeswap.
Zugacoin which is barely a year old is currently on 3 different Blockchains, Ethereum, Binance and Samzuga Blockchain.
This is also coming after the first Blockchain Main Net in Africa was successfully launched by the philanthropic cleric.
Samzugacoin Blockchain Mainnetwork And Zugacoin (Zugascan) Explorer, is the first Blockchain Network created from Africa by an African and for Africa tech space.
Archbishop Sam Zuga, who was recently honored as the first Professor of Digital Economy in the world, is focused at providing ways to help every willing average Nigerian to fight poverty and earn a better living.
According to the cleric, the poverty in Nigeria and Africa is artificial and God has given him the ability to alleviate the citizens out of its shackles.
If possible, eradicate it.
Explaining further how he intends to see his mission and vision accomplished, Sam Zuga stated that with ZUGACOIN every willing Nigerian and African should be able to begin their journey into financial freedom.
He also said he would teach Nigerians how to grow money through digital economy principles.

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