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Author: ayotilewa

Nigeria’s Crackdown on Binance Sparks Concerns for Cryptocurrency Future
BusinessCrypto

Nigeria’s Crackdown on Binance Sparks Concerns for Cryptocurrency Future

Nigeria’s recent crackdown on Binance, a prominent cryptocurrency platform, has ignited concerns regarding the future of cryptocurrency in the country.…

byayotilewaMarch 1, 2024March 1, 2024
You Can’t Fight Me – Tinubu Dares NLC
Local

You Can’t Fight Me – Tinubu Dares NLC

President Bola Ahmed Tinubu criticized the recent Nigeria Labour Congress (NLC) protest, cautioning the labor movement against assuming it represents…

byayotilewaMarch 1, 2024March 1, 2024
Tinubu Directs Cement Companies to Revert to Old Prices- Minister
Local

Tinubu Directs Cement Companies to Revert to Old Prices- Minister

President Bola Ahmed Tinubu has instructed cement companies to return to previous pricing levels, as disclosed by Minister of Works,…

byayotilewaMarch 1, 2024March 1, 2024
House of Rep Cautions Tinubu on Orosanye Report Implementation
BreakingLocal

House of Rep Cautions Tinubu on Orosanye Report Implementation

The House of Representatives has cautioned the Bola Tinubu-led presidency against hastily implementing the Orosanye Report, urging thorough review before…

byayotilewaMarch 1, 2024March 1, 2024
MMA2 Wins Two Awards at Nigerian Aviation Ceremony
Local

MMA2 Wins Two Awards at Nigerian Aviation Ceremony

Bi-Courtney Aviation Services Limited (BASL), which operates the Murtala Muhammed Airport Terminal Two (MMA2), proudly announced its success at NIGAV’s…

byayotilewaFebruary 29, 2024February 29, 2024
Delta State Government Partners with UK Firm for Mangrove Restoration Project
BusinessinvestmentLocal

Delta State Government Partners with UK Firm for Mangrove Restoration Project

The Delta State Government recently finalized an agreement with a United Kingdom firm and other partners to restore mangrove forests,…

byayotilewaFebruary 29, 2024February 29, 2024
Ibom Air Adjusts Flight Schedule After Wet-Lease Discontinuation
Local

Ibom Air Adjusts Flight Schedule After Wet-Lease Discontinuation

Following the termination of its wet-leased aircraft arrangement, Ibom Air has announced adjustments to its flight schedule, assuring passengers that…

byayotilewaFebruary 29, 2024February 29, 2024
SEC May Wield Hammer on Binance, Other crypto Platforms For Illegal Operations
LocalTrade

SEC May Wield Hammer on Binance, Other crypto Platforms For Illegal Operations

The Securities and Exchange Commission (SEC), Nigeria, is considering imposing huge fines, potentially amounting to billions of dollars, on Binance,…

byayotilewaFebruary 29, 2024February 29, 2024
3.0 Verse Launches Operations in Nigeria to Simplify Digital Assets
LocalTechnology

3.0 Verse Launches Operations in Nigeria to Simplify Digital Assets

3.0 Verse, a digital assets company, has inaugurated its operations in Nigeria, marking its entry into the African market. The…

byayotilewaFebruary 29, 2024February 29, 2024
Naira Records First Gain at Official Market After Rate Hike
BusinessLocalMarket

Naira Records First Gain at Official Market After Rate Hike

The Nigerian naira has experienced a slight appreciation of 0.39 percent in the official foreign exchange (FX) market, marking its…

byayotilewaFebruary 29, 2024February 29, 2024
CBN Resumes Dollar Sales to BDCs to Stabilize Naira
Local

CBN Resumes Dollar Sales to BDCs to Stabilize Naira

After a three-year hiatus, the Central Bank of Nigeria (CBN) has reinstated dollar sales to Bureau De Change (BDC) operators,…

byayotilewaFebruary 29, 2024February 29, 2024
CBN’s Monetary Policy Committee Raises Interest Rate to 22.75%
BankingLocal

CBN’s Monetary Policy Committee Raises Interest Rate to 22.75%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), under the leadership of Olayemi Cardoso, announced a…

byayotilewaFebruary 29, 2024February 29, 2024
ICC Orders Record Reparations for Victims of Ugandan Militia Commander
AfricaWorld

ICC Orders Record Reparations for Victims of Ugandan Militia Commander

International Criminal Court (ICC) judges have ruled that nearly 50,000 victims of Ugandan militia commander Dominic Ongwen are entitled to…

byayotilewaFebruary 29, 2024February 29, 2024
U.S. Urges UN Security Council Action to End Sudan Conflict
Local

U.S. Urges UN Security Council Action to End Sudan Conflict

The United States has urged the United Nations Security Council to intervene and help resolve a nearly year-long conflict in…

byayotilewaFebruary 29, 2024February 29, 2024
Guinea’s Trade Unions Suspend Nationwide Strike
TradeWorld

Guinea’s Trade Unions Suspend Nationwide Strike

Guinea’s trade unions have lannounced the suspension of a nationwide strike that had brought the West African nation and its…

byayotilewaFebruary 29, 2024February 29, 2024
Impala Platinum Considers Closure of South African Mines
World

Impala Platinum Considers Closure of South African Mines

Impala Platinum (IMPJ.J) is considering the closure of some of its loss-making South African mining operations if metal prices continue…

byayotilewaFebruary 29, 2024February 29, 2024
Oil falls on US demand worries, interest rate fears
BusinessMarketWorld

Oil falls on US demand worries, interest rate fears

Oil prices experienced a decline on Thursday following a larger-than-expected build in U.S. crude stockpiles, raising concerns about sluggish demand.…

byayotilewaFebruary 29, 2024February 29, 2024
Int’ Game Technology to merge two units with Everi in $6.2 bln deal
TechnologyWorld

Int’ Game Technology to merge two units with Everi in $6.2 bln deal

International Game Technology (IGT.N) announced on Thursday its decision to split its global gaming and playdigital businesses and merge them…

byayotilewaFebruary 29, 2024February 29, 2024
Oronsaye Report Outdated, Says Shehu Sani
Local

Oronsaye Report Outdated, Says Shehu Sani

Former lawmaker Senator Shehu Sani has emphasized the need to update the Oronsaye Report before its implementation, citing its obsolescence…

byayotilewaFebruary 29, 2024February 29, 2024
Nigerians Are Happy People… They Can Absorb Hardship And Keep Moving – Deputy Speaker
Local

Nigerians Are Happy People… They Can Absorb Hardship And Keep Moving – Deputy Speaker

During a session on Wednesday, Benjamin Kalu, the deputy speaker of the lower legislative chamber, expressed his belief that Nigerians…

byayotilewaFebruary 29, 2024February 29, 2024
Immigration: FG Asks Seniors, Juniors Of New CG To Resign
Local

Immigration: FG Asks Seniors, Juniors Of New CG To Resign

The Federal Government is poised to carry out a mass retirement of Senior Officers within the Nigeria Immigration Service, barring…

byayotilewaFebruary 29, 2024February 29, 2024
Inside Details Of How Nigerian Govt Detained Binance Executives
Local

Inside Details Of How Nigerian Govt Detained Binance Executives

The Nigerian government has detained two executives of the Binance crypto exchange platform as part of efforts to stabilize the…

byayotilewaFebruary 29, 2024February 29, 2024
JUST IN: MPC Raises Interest Rate To 22.5%
BreakingBusinessLocal

JUST IN: MPC Raises Interest Rate To 22.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has announced a significant increase in the benchmark…

byayotilewaFebruary 27, 2024February 27, 2024
Widow’s $1 Billion Surprise Gift: Bronx Med Students’ Tuition Covered Forever
World

Widow’s $1 Billion Surprise Gift: Bronx Med Students’ Tuition Covered Forever

When Ruth Gottesman’s husband passed away in 2022, she discovered a surprise: $1 billion in Berkshire Hathaway stock left by…

byayotilewaFebruary 27, 2024February 27, 2024
Fire Incident at FCMB Office in Lagos Island
Local

Fire Incident at FCMB Office in Lagos Island

First City Monument Bank (FCMB) confirmed a fire incident on Monday, February 26, on the 7th floor of its office…

byayotilewaFebruary 27, 2024February 27, 2024
Foreign Investors Pause Nigerian Investments Over Naira Volatility
Local

Foreign Investors Pause Nigerian Investments Over Naira Volatility

Foreign investors are holding back on new investments in Nigeria, awaiting stability in the country’s currency, the naira. A projected…

byayotilewaFebruary 27, 2024February 27, 2024
Civil Society Leaders Urge Halt to Shell Petroleum Sale in Nigeria
BusinessLocal

Civil Society Leaders Urge Halt to Shell Petroleum Sale in Nigeria

A coalition of civil society leaders has united in a call for the cessation of the sale of Shell Petroleum…

byayotilewaFebruary 27, 2024February 27, 2024
Lord Jacob Rothschild, a Renowned Financier Passes Away at 87
Local

Lord Jacob Rothschild, a Renowned Financier Passes Away at 87

Lord Jacob Rothschild, a prominent financier and member of the esteemed Rothschild banking family, has passed away at the age…

byayotilewaFebruary 27, 2024February 27, 2024
FEC Approves Construction Of Lagos-Calabar Coastal Highway
Local

FEC Approves Construction Of Lagos-Calabar Coastal Highway

During a session chaired by President Bola Tinubu, the Federal Executive Council (FEC) has given the green light for the…

byayotilewaFebruary 27, 2024February 27, 2024
Alphabet’s Stock Faces $90 Billion Market Value Fall
Local

Alphabet’s Stock Faces $90 Billion Market Value Fall

Alphabet, the parent company of Google, witnessed a significant downturn on Monday, shedding approximately $90 billion in market value due…

byayotilewaFebruary 27, 2024February 27, 2024

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