OGUNDARE ON A MISSION TO MAKE ETI-OSA EAST LCDA THE ENVY OF ALL

OGUNDARE ON A MISSION TO MAKE ETI-OSA EAST LCDA THE ENVY OF ALL

Since the inception of his administration, Hon. John Campos Ogundare has been on his toes to ensure the people of Eti-Osa East Local Council Development Area enjoy the dividend of democracy as he has promised.

 

2023 has been a beehive of activities for the council helmsman and the entire executive and legislative team. In the year under review, the administration of Hon. John Campos Ogundare has embarked on some developmental projects to make life better for the people of the home of hospitality.

 

Hon. Ogundare’s administration as a government has invested heavily in the welfare of the people in the area of environmental sanitation, security and infrastructural development. In the year under review, he embarked on constant desilting of drainage systems to avert flooding that usually emanates during and after the rainy season. He also constructed some new drainage systems with motorable roads to uplift some slum areas into semi-urban.

 

In the same year, new markets have been

constructed with drainage systems and road construction in a larger settlement of the residential area to make such a

developed community.

 

The following are the executed projects in the year under review:

 

1. Grading and Stabilization of Earth road at Okun Mopo Akinlade

 

2. Grading and Stabilization of Earth at Majek from Gomez Road Keji Olajide to MTN junction

 

3. Construction of road at Ajah Market with interlocking stones and drainage system

 

4. Construction of road at Okun-Ajah with interlocking stones

 

5. Construction of road at Okun-Mopo with interlocking stones

 

6. Construction of drainage at Shittu Saka Musa by Gbenga

Ifalekulo Street, Alaguntan

 

7. Purchase of Vehicles: Toyota Sienna 2005 Model for Community Development Committee and Market Women and Men

 

8. Purchase of Suzuki Minibusses for Revenue Generation

 

9. Purchase of Official Vehicles for Councillors and Supervisors of Eti-Osa East L.C.D.A

 

 

10. Construction of Steel barriers at Berger-Ilaje Road.

 

The chairman has also paid 100% payment of severance allowances of all past political office holders as approved by the State Government.

 

There are several other ongoing projects scattered around the local council development area. Seeing is believing. The Chairman has always said that he will not rest until he achieves the Eti-Osa East LCDA of his dream, and with the people’s support and cooperation, it shall be possible.

 

As it is to be expected within the turbulence and competition of our political environment, there have been some unfounded allegations levelled against the Council Chairman, Hon. John Campos Ogundare by some elements who intend to soil his name. The public is hereby notified that there is no iota of truth in those allegations and such would not deter the chairman from continuing his duty of providing a impactful welfare for the people of Eti-Osa East Local Council Development Area.

Prophets Who Predicts Sports are Charlatans who Works for Money and Fame – Prophet Ezekiel Odedoyin

Prophets Who Predicts Sports are Charlatans who Works for Money and Fame – Prophet Ezekiel Odedoyin

He can be likened to Biblical Prophet Micaiah that is brutally truthful to other supposed leading prophets like Prophet Zedekiah and those in power like King Ahab, Prophet Ezekiel Olawunmi Odedoyin is a voice to be reason with in this generation. The fiery prophet who is one of the very few who had seen the result of the 2023 Presidential elections before it was held and has made such known through his church, Christ for All Souls Ministry Facebook page, recently have a chat with the members of the press in the Church new headquarters in Lagos.

 

It is a known fact that the prophet, though having a church branch in Lagos has been operating from Osogbo the capital of Osun State, answering questions for the journalists on the reason he waited this long before moving the International Headquarters to Lagos Prophet Odedoyin explained that the church don’t make any move except it was sanctioned by God, giving examples of when the Church was operating from Modakeke town in Osun State, and it took the instruction of God before they could move to Osogbo and the current decision was only taken after God sanctioned it since the church is God’s.

 

When asked about the current African Nation’s Cup (AFCON) the prophets responded that sport predictions is for charlatans and that it is not that God don’t reveal things like that to his own, but the main aim of prophesy is for sometimes repentance, correction and preparation and those who are predicting sports are doing it for money and fame which will make them loose the purpose of their gift.

 

Speaking further about the new International Headquarters Prophet Odedoyin explained that the church is tagged “Solution Center” because God promised that people will be there to receive solutions to all problems. On the several issues facing the church about fake miracles, the prophets is of the believe that healings comes from God and it is only God that heals and that his ministry don’t ask people to pay any sort of amount for the cause of receiving healing from God and is thereby not afraid of being called a fraud.

 

Explaining that while many had received healing from God through his ministration, there are situations in the past also that he prayed for people and nothing happens, saying he’s just a vessel God uses and nobody can question him if God chooses not to move. The Obafemi Awolowo University (OAU) graduate of Economics explained that the Ikotun area based new church is opened 24 hours a day to all forms of people from different works of life the get solutions to any issues facing them.

 

Aare Adetola EmmanuelKing Congratulates Governor Dapo Abiodun on Supreme Court Victory

Aare Adetola EmmanuelKing Congratulates Governor Dapo Abiodun on Supreme Court Victory

The Group Managing Director of Adron Homes and Properties; Aare Adetola EmmanuelKing has congratulated the Executive Governor of Ogun State; Prince Dapo Abiodun on his victory at the Supreme Court earlier today. Aare Adetola who is the Otun Asiwaju Onigbagbo of Remo Land has disclosed that Governor Dapo’s victory is yet again another milestone that will propel the continuous development Ogun State is currently witnessing with the surge in commercial and industrial activities which also marked Ogun State as a Hub known with the ease of doing business in Nigeria.

Aare Adetola also disclosed that Governor Dapo has shown capacity since the twilight of his tenure as Governor of Ogun state with numerous projects to show for it in terms of job creation, infrastructural development, economic development, workers welfare, civil service development, housing and urban renewal and a host of other aspect he has touched. He further urged Governor Abiodun to focus more on the good work since the highest court in the land has put the electoral petition to a halt. “I want to congratulate my dear Egbon, Governor Dapo on his victory; it is a testament that the voice of the people is truly the voice of God. His victory signifies the continuity of massive development for our dear state. Now His Excellency can focus more on development and delivering the dividend of democracy to the electorate. I am sure that he will surpass his first term record and place Ogun State on the right and competitive pedestal of success.”

Aare Adetola also reiterated his commitment to further working with the state government on making Ogun develop in the area of affordable housing where the State can generate more revenue through housing. “We will continue to work with Ogun Stage as a partner in progress to deliver more affordable homes for all sundry and also project the good works of His Excellency. We wish him well and May his tenure remain fruitful and prosperous to us all.” He further concluded.

Adron Home Celebrates Armed Forces for Patriotisms

Adron Homes Celebrates Armed Forces for Patriotisms

 

Dear Valued Patriots

On this solemn occasion of Armed Forces Remembrance Day, We All at Adron Homes extends our heartfelt gratitude and deep respect to the brave men and women of the Nigerian Armed Forces.

Their unwavering dedication, sacrifice, and valor in defending our nation have not gone unnoticed. As we reflect on this day, let us remember and honor the heroes who have paid the ultimate price for the peace and security we all enjoy today.

Adron Homes stands in solidarity with the Armed Forces, acknowledging the sacrifices made to protect our great nation. We are inspired by their courage, commitment, and selflessness.

To the families of the fallen heroes, we offer our sincere condolences and support. Your loved ones’ legacy will forever live on in the hearts of our grateful nation.

As we celebrate Armed Forces Remembrance Day, let us unite in appreciation for the men and women who continue to safeguard our peace and freedom. May their sacrifices serve as a reminder of the collective responsibility we share in building a prosperous and secure future for Nigeria.

Thank you to the Nigerian Armed Forces for your service, sacrifice, and resilience. Adron Homes proudly salutes you on this important day.

Happy Remembrance Day .

From All Of Us At Adron Homes

ADRON HOMES : Bridging Housing Deficit With World Class Infrastructure In Nigeria And Beyond

ADRON HOMES : Bridging Housing Deficit With World Class Infrastructure In Nigeria And Beyond

 • Monarch, HNIs, Middle-Class Income Earners, Artisan, Others Share Amazing Experiences

Established in February 2012, Adron Homes and Property Limited has continued to be the Market Leader in the Nigerian Real Estate Industry. Its Housing estates are built across Lagos, Federal Capital Territory/Abuja, PortHarcourt, Ogun, Oyo, Nasarawa and other cities in Nigeria, Africa, America and Europe.

The Workforce is led by the Group Chief Executive Officer, Dr. Adetola EmmanuelKing:

A graduate of Estate Management, Workaholic and Target/Result Oriented Real Estate Guru.

In the Team are Smart, Dedicated and Brilliant Personnels who work tirelessly to offer Qualitative service at all times to ensure Customer Satisfaction, Retention, Growth and Value for Investments.

According to Dr. Emmanuel King, Adron Homes and Property’s vision is to become a Leading Real estate company in Nigeria and the best in Africa. And, truly, it has retained its Leadership Status in the Built sector.

Interestingly, The Company’s staff strength has grown geomerictically over the years both in the Administrative Departments and Operations: Providing direct and indirect Employments for Nigerians and Expatriates.

Integrity, Flexible Payment Plan, Speedy Allocation of Land and Housing Project Delivery and Construction of World Class Infrastructure in its Estates are the Distinguishing features of Adron Homes and Properties Limited.

Adron Homes and Property Limited’s 24Hours/7Days Customer Service Centres resolve issues within shortest possible Turn-Around-Time.

At Adron Homes, All Income Earners in the Formal and Informal Sectors of the economy can purchase Plots of land and Properties with Flexible Payment Plan: Long and Short term Payment plan based on the earning and/or Financial capacity of an Individual.

Research revealed that Adron Homes Housing Estates are easily Affordable, Accessible and Livable.

The Platform also gathered that Adron Homes and Property Housing Estates are built with World-Class Socioeconomic Infrastructure such as Good Road Networks, Uninterrupted Electricity Supply, Street Lightnings, Treated Water Supply System, Sewage Management And Treatment system, Recreational cum Playgrounds, Sporting Facilitaties, Security Posts and Worship Centres.

While sharing the Company’s Success story,  Aare EmmanuelKing said Adron Homes and Property Limited has made over Fifty Thousand (50,000) Nigerians Landlords in its Housing Estates across the country; all living in their Housing Estates across the country.

Adron Homes and Property also has Properties spread across the continent of Africa, America and Europe.

Though, there were teething Issues such as Communal resistance against Property Development, Ligitations and security threats in its formative years, but the Real Estate Giant summounted the challenges through tenacity and consistency in its Operations.

Aare EmmanuelKing however reiterated the Company’s commitment to Providing Decent, Comfortable and Affordable Housing to its Existing and Prospective Customers.

 

Monarch, High Network Individuals, Middle-Class Income Earners, Artisan, Others Share Amazing Experiences 

The Monarch of Shimawa (a Border Town between Lagos and Ogun states), HRH Oba Gbenga Sonuga endorsed Nigeria’s leading Real Estate Company, Adron Homes and Properties.

In a video clip made available, Oba Gbenga Sonuga described Adron Homes and Property Limited as a Reliable Real Estate Company.

Continuing, the Monarch said:

“Adron Homes has brought Shimawa a wonderful experience of Estate Building and Development. Its ideas are very Unique and it has put Shimawa on the World Map. I can see a lot of Innovations that are in place and I am yet to see any problem emanating from its end.’’

While collaborating Oba Sonuga’s testimony, the Olumale Of Shimawa, Chief Nasiru Awolaja said Adron Homes and Properties Limited is Trustworthy in its Business Transactions.

‘’We are the Land owners that sold land to Adron Homes. My father’s land was the first the company bought to start Real estate business and there has never been any Problem”.

“I enjoin everyone overseas to purchase Landed Properties in Shimawa, Adron homes can be Trusted”, He concluded.

A Landlady in one of the Adron Homes Housing Estates who preferred anominity,

explained.

She said: Adron Homes is the most reliable Real Estate firm. With them, your Investment is Secure and Safe”.

Another Property owner on Adron Housing Estate in Ibadan and Lecturer at the University of Ibadan, Prof.(Mrs.) Olagunju Testifies:

“My name is Prof Mrs Olagunju and I am glad to be with Adrons Homes and Properties Limited. This Prestigious organization has grown to become a Household name in Nigeria and I’m Privileged to have some plots of Land with them.’’

‘’Their Track record is amazing, 10 years looks as if they have been here for 50 years. The highlight of this organization for me, is the Tagline they drop across every social stratum; Making comfortable and affordable Houses available for all regardless of their Incomes.’’

The CEO of Synergy Gaurds, Nigeria and UK and High Network Individual, Mr. David Oladeji Bolarin urged Nigerians to develop a plan and buy Plots of Land from Adron Homes to invest and build their futures.

“Investment in Land is the best form of investment and Financial security”, He noted.

He emphasized that The Adron Homes Housing Development Template is Great.

Speaking further, he said: “Tap into their (Adron Homes’) Offer to execute and achieve your future dreams”.

An Artisan, (A Welder), Mr. Glory of God says:

“I be Welder, When I meet Adron six years ago, na so my life changed. Two staff turn to 20 staff. I be landlord for Mowe before, when Adron give me contract, I enter their Estate in Shimawa, I say Wow ! I take my wife to the Estate, she fall in love. Na so I leave my house for Mowe come Treasure Estate in Shimawa”.

He stated further that he saved money realized from the contracts he did across Adron Homes Estates to build his House in Adron Treasure Estate, Phase 1 in Shimawa, Ogun State.

“I give my Family better environment to stay”, He boasted !

“ADRON, I THANK YOU O !”, Mr. Glory of God concluded.

The younger generation, between age 0-17 years is not left out in the Adron Homes Land Acquisition Programme and Housing Development.

The Young Landlord Promo provides opportunity for Parents to buy Landed Properties or invest in Real Estate in their Children’s names.

Interestingly, Parents can transfer Ownership of the Property to their children at the age of 18.

A more reliable Generational Wealth compared to material investments.

It can be authoritatively confirmed that Adron Homes and Properties Limited has contributed significantly to Housing Development through its unrelenting efforts to bridge the deficit in the Real Estate Sector.

It has also complemented the Federal and States’ Government efforts to meet Citizenry Housing demand.

Unarguably, Adron Homes remains the Best Real Estate Company in Nigeria and Africa !

You can Contact Adron Homes Officials 24Hours, 7 Days For Land and Property Purchase and Other Enquires.

Adeboye Abiodun: 08138432335

Odesina Abayomi: 09029449738

Adekoya Owolabi: 07066558747

Kazeem Azeez: 0808 681 6109

Ajayi Sandra: 09056956200

Gbiaye Samuel: 08105812438

 

Won’t You Rather Invest In Real Estate At Adron Homes and Property Limited?

I sing better than most afrobeat artiste – Samsix

I sing better than most afrobeat artiste – Samsix

Nigerian-American singer, Samson Bademosi, aka Samsix, says he sings better than most artiste that sings Afrobeat.

Samsix, a promising and ambitious singer and songwriter who just dropped his latest single ‘shining star’ said the fact that most artiste lyrics are filled with Yoruba language is a limitation for them because of those who don’t understand the language. “It’s seems some of them don’t have anything to sing again and looks more like they are microwaving old songs.

Also, most afrobeat artiste rely on auto tune and studio effects” Samsix alleged. Rest assured that Samsix can sing acapella, and without special studio voice effects and still sound incredible. This is also due to Samsix’s early journey into singing coupled with his musical background in the church and choir. Pictures are seen of Samsix playing the drums since the early age of 4 years old.

Samsix whose song, Shining Star is gaining massive airplay on radio and appearing on top radio stations for interview said “What makes some of the artiste’s songs irresistible is the beat which shows they work with very good producer most times”. If I have the kind of exposure and opportunities at the disposal of some of them, I will show how versatile I am and how best I can utilize all the fantastic beats being made for them”.

Samsix first attempt at music came when he was 11 years old at Six Flags Theme Park, Bowie, Maryland, USA when he participated in a singing competition sponsored by a radio station and Disney World and came second.

His journey and passion for music while at Redeemers University had already blossomed, and this led to the recording of his first song “Walking On Clouds” at Knight House Studio, Yaba, Lagos.

Samsix professionally has released songs like Against All Odds, Delilah, Remember, Make it Out, Complicated, Going Down, Do for love, Fight for you, Kilode, Runaway among others.

Speaking on his plans for the year, Samsix said, “I am going to drop shining star video very soon. Also, watch-out for another single which is a collaboration with an international musician. In fact, there are so many on the shelve of my record label, Royal Magic Records, just watch-out”.

Zenith Bank Dismisses Report on GMD’s Arrest, Says Onyeagwu on Duty

Zenith Bank Dismisses Report on GMD’s Arrest, Says Onyeagwu on Duty

Zenith Bank PLC, one of Nigeria’s leading financial institutions, has dismissed as entirely untrue reports on the purported arrest of its Group Managing Director, Dr. Ebenezer Onyeagwu, in a section of the media.

The reports had claimed Dr Onyeagwu was arrested by the EFCC in connection with alleged fraud at the Ministry of Humanitarian Affairs.

The foremost lender however clarified that the GMD was neither arrested nor detained by the EFCC or any other anti-graft agency, adding that he is currently fulfilling his duties and responsibilities as the Group Managing Director of Zenith Bank Plc.

This was contained in a statement issued by the bank in Lagos on Wednesday and signed by Rich El O. Otu, its Company Secretary/General Counsel.

The statement added that the bank will continue to maintain the highest standards of integrity, accountability, and transparency and remains committed to providing exceptional banking and financial services to customers.

“We have become aware of inaccurate reports circulating on social media and certain news outlets alleging that Dr. Ebenezer Onyeagwu, the Group Managing Director/Chief Executive Officer of Zenith Bank Plc, was arrested and held by the EFCC on January 9, 2024, in connection with an alleged fraud at the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.

“We wish to clarify that these reports are entirely false. The Group Managing Director was not arrested or detained by the EFCC or any other anti-graft agency and is currently fulfilling his duties at the bank.

“We are issuing this public statement to dispel the misinformation and ensure that the public and our stakeholders are accurately informed.

“Zenith Bank remains dedicated to upholding the highest standards of banking and financial services,” the statement read.

NNPCL Recorded N2.5 trillion Profit in 2022 Unaudited, Report Highest in 45 years

NNPCL Recorded N2.5 trillion Profit in 2022 Unaudited, Report Highest in 45 years

The Nigerian National Petroleum Company Limited (NNPCL) has announced its highest profit in 45 years, recording N2.548 trillion for the year 2022.

The national oil company, in its 2022 Financial Performance Report published online, emphasized that the profit recorded was the highest since its founding in 1977.

Breakdown of the Financial Report

According to the financial report, losses amounted to N803 billion in 2018 and increased to N1.7 billion in 2019.

In 2020, the report highlights a profit of N287 billion, denoted as the ‘Turning Point,’ and in 2021, the company’s profit grew to N674.1 billion, named ‘Assurance.’

According to the report, the profit continued its upward trend, reaching N2.548 trillion in 2022.

In October alone, a few months after the removal of the subsidy, the Chief Executive Officer of NNPC Ltd, Mele Kyari, said the company remitted N4.5 trillion as revenue to the federation account in October.

He made this disclosure while appearing before the Senate Committee on Finance to defend the company’s budget for the 2024 fiscal year.

  • “I am glad to inform you, Mr. Chairman and distinguished senators that as of October we can deliver N4.5 trillion into the federation account as a company to this country In 2023,” Mr Kyari said.

Meanwhile, NNPCL is yet to be audited by an independent financial auditing firm, as demanded by most stakeholders in the industry.

Oil Theft as Impediments for Growth

In addition, the national oil company still battles with myriads of oil theft incidents across the country, thus impeding the growth and revenue potential of the sector at large

For instance, last week, authorities reported the discovery and destruction of 52 illegal refineries in Abia, Imo, Rivers, and Bayelsa states. Additionally, 32 illegal connections were uncovered in various locations across the Niger Delta.

NNPC Ltd also announced that it had between December 30, 2023, and January 5, 2024, recorded 157 incidents of crude oil theft from seven incident sources and arrested 17 suspects.

However, the company affirmed its unwavering commitment to eliminate the oil theft menace, emphasizing that there would be no retreat until it was completely eradicated.

What you should know

The NNPCL has faced criticism from industry participants and stakeholders for its failure to disclose financial performance for public scrutiny.

In its 46-year history, the NNPC opened its books for the fourth consecutive time during the 2021 financial year.

Meanwhile, in November, NNPCL forecasted a revenue increase to N4.5 trillion by the end of 2023, citing the commencement of operations at the Port Harcourt Refining Company.

Emefiele: CBN sacks boards of Union, Titan, Keystone, Polaris banks

Emefiele: CBN sacks boards of Union, Titan, Keystone, Polaris banks

The Central Bank of Nigeria (CBN) has, with immediate effect, sacked the entire Board of Directors of Polaris, Titan, Union and Keystone Banks.

CBN sources say the decision was taken in a meeting led by the apex bank’s governor, Yemi Cardoso, on Wednesday in Abuja.

The source, who spoke on condition of anonymity, hinted that an official statement dissolving the board of directors will be released shortly.

The source said, “In the next hour, there is going to be official communication from the bank. We are working on it and an official statement will be sent soon.”

The action follows the recommendation of the Special Investigator, Jim Obazee, appointed by President Bola Tinubu in July 2023, to probe the activities of the CBN and other relevant establishments.

The report of the special investigation into the activities of the CBN had accused the immediate past governor of the apex bank, Godwin Emefiele, of acquiring banks for himself through proxies.

The report stated that Emefiele used proxies to acquire Union Bank of Nigeria for Titan Trust Bank Limited and Keystone Bank without any evidence of payment.

As a result, it recommended that the Federal Government reverse the sale of the banks and take them over.

 

Culled from Punch

Nigerian banks, FinTechs to launch cNGN Stablecoin February 27

Nigerian banks, FinTechs to launch cNGN Stablecoin February 27

A consortium of Nigerian financial institutions, fintechs, and blockchain experts, the Africa Stablecoin Consortium (ASC) is set to launch a compliant Nigeria Naira (cNGN) stablecoin on February 27, 2024.  

Nairametrics had first reported that Nigerian banks and FinTechs are collaborating to develop and manage the cNGN. Similar to well-known stablecoins like USDT and USDC, the cNGN will be compatible with multiple public blockchains, enabling straightforward international transfers and expanding its use globally. 

The consortium disclosed this in a statement issued on Friday. The launch of the cNGN is riding on the back of the Regulatory Sandbox recently released by the Central Bank of Nigeria (CBN).  

According to the consortium, the cNGN stablecoin would revolutionize financial transactions. Through the project, the consortium said it is committed to enhancing secure and compliant financial interactions, revolutionizing the way people transact and engage with their money securely and seamlessly. 

While noting that the stablecoin will transform the Nigerian Naira into a currency for global settlements, the ASC said:  

  • “This (the cNGN) ushers in a new era of financial fluidity, bridging the Nigerian Naira with the global market through blockchain technology. Backed 1:1 by Naira reserves held in designated commercial banks, the cNGN Stablecoin transforms the Naira into a dynamic tool for worldwide remittances, commerce, trade and investment.  
  • More than just a currency, cNGN shortens settlement times, enabling payments that traverse the globe swiftly, mirroring the speed of a text message and at a fraction of the cost. This breakthrough paves the way for instantaneous financial transactions, seamlessly connecting Nigeria’s vibrant economy with international markets and offering unprecedented efficiency in both domestic and global financial interactions.”

According to the consortium, the cNGN stablecoin will allow users to explore the World and experience a seamless and cost-effective way to engage with a global marketplace, with the familiarity of your Naira.  

cNGN extends your financial reach far beyond Nigeria’s borders and acts as a global bridge, so you can pay for anything, anywhere, and at any time– all with a seamless tap. Shop the World, Pay in Naira without the traditional challenges of currency conversion and hefty international transaction fees. 

Giving further insights into the use cases of the cNGN, the consortium said: 

  • “Sending money home feels like sending a text message, effortless and instant: No more agonizing days waiting for remittances to clear. With cNGN, supporting your loved ones back home becomes as simple as a quick tap on your phone. No more standing in lines. With cNGN, funds land directly in their wallets within seconds, ready to fuel their dreams and brighten their days. No more distance, no more delays, just the magic of compliant virtual assets bridging the gap between hearts.  
  • “Trade Like a Pro, Cost-Effectively. Cut out the red tape and sky-high fees of traditional international trade. With cNGN you can send and receive payments across the globe instantly enabling you to transact with national & international partners in any stablecoin currency, fueling economic growth and global success. 
  • “Get paid, anywhere, instantly. Ditch the limitations of location and outdated payment systems. With cNGN, you can freelance for the world, right from your desk in Nigeria. Your talent knows no borders, so why should your income? Skip the bank queues and paperwork. Receive payments from clients across the globe, directly deposited into your cNGN wallet in minutes.  

Mirroring the functionality of major stablecoins, the cNGN boasts interoperability with other public blockchains. This feature enables seamless global transfers, extending its utility beyond Nigerian borders.

The cNGN is a compliant and regulated consortium-driven stablecoin, pegged to the Naira in the Reserve Bank account. Unlike the eNaira, which is developed solely by the apex bank, the cNGN is managed by a consortium. 

Culled from Nairametrics

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