Dancehall Singer, Cynthia Morgan Signs Management Deal With Top US Entertainment Firm

Dancehall singer, Cynthia Morgan, has signed a management deal with a top American entertainment firm, The Facilitator Management.

This was disclosed in a statement by the firm, made available to Goldmyne Television on Thursday.

As the world appears to be increasingly fascinated by the Afrobeat sound, Cynthia’s new PR counsel, Muyiwa Babalola, says together, the firm is committed to utilizing her “raw magic” to continue to exhibit Afrobeat on the world stage and in a more organized dimension.

“The Facilitator Firm is a Full -Service Boutique Artist Management, Indie-Record Label, Artist Services and Publishing Company headquartered in Las Vegas, NV. forged by the partnership of Founder / CEO “ Uncle Odis “ Johnson and Co-Founder / President Tabiyah Yetunde. Both are longtime Music Industry Veterans with a combined total of 50 plus years of experience in music and entertainment.

“Cynthia resonates with a diverse fan base all over the world because of her feel-good music and vibe,” Babalola…

Naira Strengthens Against Dollar

Recall that the Naira had gained 40 points to trade at N460 per dollar rate from N520 on Friday, February 24, a rate it has maintained.

However, the local currency has appreciated the Pound Sterling to trade at.....
N565 from N575 and strengthened against the Euro to trade at N470 from N480.

The value of the Naira recorded the highest and fastest gain of 11.9 per cent in four days at the parallel market in over three years last week, as the Central Bank of Nigeria (CBN) sold a total of $372.4 million to ease the pressure on the local currency.

Naira which rose to an all time high of N522 to the dollar last week Monday had gained N62 by the weekend to sell at N460 to the greenback. The apex bank had sold $370.9 million dollars on Tuesday, February 21 and another $1.5 million on Thursday, February 23, sending the value of the Naira up.
According to financial experts, the local currency will continue to appreciate if the status quo is maintained.
“There is always a restriction point beyond which the exchange cannot cross except there is a huge forex inflow to breach that ceiling,” a currency analyst at Ecobank Nigeria, Mr. Kunle Ezun, said.
“The Naira will gain further but it won’t be like last week’s own.”
Nigeria has been running short of dollars as its oil revenues have fallen along with the price of crude.
The local currency has plummeted in 30 years from 60 kobo=$1, when we could not be described amongst the world’s poorest to now become classified amongst the world’s poorest, even when our $17billion reserves is the highest in 30 years.