assumes

Ignatius Kaigama Assumes Duty As Abuja Catholic Archbishop

December 6, 2019 3:16 am

The newly appointed Archbishop of the Abuja Catholic Archdiocese, Ignatius Kaigama, has formally assumed office as substantive Archbishop after taking over from John Cardinal Onaiyekan who retired on the attainment of the mandatory 75 years of age. The event was held at the Cathedral of the Twelve Apostles, popularly known as the Papal Ground, Kubwa in Abuja.

In his goodwill message, Pope Francis said that Archbishop Kaigama’s appointment was based on merit having been found capable of holding the exalted position. Francis, whose message was read by Papal Nuncio to Nigeria, Most Rev. Antonio Filipazzi, said Kaigama possesses all the …

Lagarde Assumes Duty as European Central Bank President

November 1, 2019 1:34 pm

A new era was beginning at the European Central Bank (ECB) on Friday as Christine Lagarde takes over from Mario Draghi at the head of the central bank managing the euro, the currency of the 19-member eurozone.

Lagarde, 63-year-old, succeeds the Italian Draghi, who was in the post for eight years and guided the European Central Bank (ECB) through the aftermath of the global financial crisis.

Ahead of taking office, the former French finance minister expressed her approval for the continuation of the monetary policy pursued by the ECB under Draghi, with ultra-low and negative interest rates, along with asset …