FAAN shuts KFC outlet for allegedly discriminating against ex-Ogun Gov’s disabled son
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FAAN shuts KFC outlet for allegedly discriminating against ex-Ogun Gov’s disabled son

Webby - March 28, 2024

The management of the Federal Airports Authority of Nigeria (FAAN), on Thursday, ordered the immediate closure of a KFC outlet at the Murtala Muhammed International Airport (MMIA)…

Despite CBN’s tightening stance, money supply hits N95.56trn in February
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Business
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Despite CBN’s tightening stance, money supply hits N95.56trn in February

Webby - March 27, 2024

Despite the hawkish tightening stance of the Monetary Policy Committee (MPC), Nigeria’s broad money supply (M3) has surged to a new historic high of N95.56 trillion as…

FX rate for Customs’ import duties drops for fifth consecutive time in two weeks
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FX rate for Customs’ import duties drops for fifth consecutive time in two weeks

Webby - March 27, 2024

The exchange rate used for calculating customs import duties and cargo clearance has decreased for the fifth time in under two weeks, moving from N1,612 per dollar…

CBN FX intervention responsible for Naira appreciation at parallel, official market—analysts
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CBN FX intervention responsible for Naira appreciation at parallel, official market—analysts

Webby - March 27, 2024

Financial analysts have attributed the appreciation of the naira at the foreign exchange market to forex intervention by the Central Bank of Nigeria (CBN), including the payment…

NCC insist on disconnection SIMs SIMs without proper NIN linkage
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NCC insist on disconnection SIMs SIMs without proper NIN linkage

Webby - March 26, 2024

Nigerian Communications Commission, NCC, has mandated telecommunications operators in the country to disconnect all phone lines of subscribers who have not linked their National Identification Numbers, NIN,…

Court freezes health workers union bank accounts over N47 million debt to Access Bank
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Court freezes health workers union bank accounts over N47 million debt to Access Bank

Webby - March 26, 2024

On Tuesday, the Federal High Court, Abuja gave an order freezing all the bank accounts of the Medical and Health Workers Union Kankara branch, Katsina state over…

Just in: CBN raises interest rate again
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Just in: CBN raises interest rate again

Webby - March 26, 2024

The Central Bank of Nigeria has raised the monetary policy rate, known as the interest rate, by 200 basis points per cent to 24.75 per cent from…

BREAKING: Our executive, Anjarwalla no longer in Nigerian custody – Binance
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BREAKING: Our executive, Anjarwalla no longer in Nigerian custody – Binance

Webby - March 25, 2024

Binance, the global cryptocurrency exchange, has confirmed that its executive, Nadeem Anjarwalla, is no longer in Nigerian custody. The spokesperson for Binance, Samantha Fuller, disclosed this information…

Advertising guru, Onabolu to chair 2024 Industry Summit on May 3
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Business
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Advertising guru, Onabolu to chair 2024 Industry Summit on May 3

Webby - March 24, 2024

  The Group Managing Director of COSSE Group, one of the leading integrated marketing communications (imc) in Nigeria, Mr. Funmi Onabolu has followed in the footsteps of…

NCC seeks joint West Africa regional protection of undersea cables
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NCC seeks joint West Africa regional protection of undersea cables

Webby - March 24, 2024

Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by the…