Business
“The Lagos State Government has taken a significant step towards environmental sustainability by announcing an immediate ban on single-use plastics and Styrofoam packs, colloquially known as ‘takeaways. ‘ This decision, aimed at curbing environmental degradation, was disclosed by the Commissioner for the Ministry of Environment and Water Resources, Tokunbo Wahab, in a statement released on […]
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BREAKING:Glo subscribers to be barred from calling MTN lines Globacom subscribers may be unable to make calls to MTN lines soon, due to the non-settlement of interconnect charges. The Nigerian Communications Commission disclosed this on Monday, 8th January 2024 in a public notice signed by the Director, Public Affairs Department, Reuben Muoka.It stated that the
BREAKING:Glo subscribers to be barred from calling MTN lines Read More »
CBN Approves Naira Stablecoin, Set to Launch on February 27 The Central Bank of Nigeria (CBN) has given its nod for the launch of the Nigerian naira (cNGN) stablecoin. This digital currency, set to debut on February 27, 2024, is backed by the Africa Stablecoin Consortium (ASC), a collaboration of Nigerian financial institutions, fintechs, and
CBN Approves Naira Stablecoin, Set to Launch on February 27 Read More »
More traders replace USD with other currencies for oil transactions In the midst of the Russia-Ukraine conflict, a significant shift away from the long-standing reliance on the petrodollar has been observed, with more than a fifth of global oil transactions in 2023 being conducted in currencies other than the U.S. dollar. As Nigeria explores avenues
More traders replace USD with other currencies for oil transactions. Read More »
New Zealand’s Prime Minister, Christopher Luxon, announced on Friday that cell phones will be banned in schools across the country. This decision is part of the government’s efforts to address declining literacy rates. Luxon, who leads a conservative government, plans to implement this ban within his first 100 days in office, following a policy tested
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The Federal Housing Authority (FHA) and the Lagos State Building Control Agency (LSBCA) were ordered yesterday by a Lagos State High Court sitting in Ikeja to stop demolishing residential homes located on 6th Avenue in Festac Town, Amuwo Odofin Local Government Area, Lagos State. Following a lawsuit filed by Samuel Ahmed, Taoheed Amusa, R. Balogun,
Enugu traders protest eviction Enugu businessmen, operating along Red Cross Railway Crossing, Market Road, and Osisatech Polytechnic, protested their eviction after receiving a quit notice from the state government. They’re urging the government to reconsider its decision to ease tensions and prevent backlash. The state government aimed to alleviate traffic along Main Market-Old Park-Chris Chemist
Enugu traders protest eviction Enugu businessmen, Read More »
Plane crash lands inside Abuja airport The incident featured a Boeing 737 with the Nationality and Registration Marks 5N-BYQ. The aircraft, arriving from Lagos, landed in Abuja. While attempting to exit via A4, its nose wheel got stuck in the grass verge, with the fuselage on the runway. The Nigerian Safety Investigation Bureau stated that
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Mark Zuckerberg Undergoes Knee SurgeryFounder of Meta (formerly Facebook), Mark Zuckerberg, has undergone surgery following a knee injury suffered during training for an upcoming mixed martial arts competition. Zuckerberg suffered a torn anterior cruciate ligament (ACL) and shared this in an Instagram post on Friday.Sharing an update on his surgery, he wrote, “I am on
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Crypto Founder Guilty of $8billion theft says court Sam Bankman-Fried, the founder of FTX, has been found guilty on all seven counts in his FXT fraud trial. The verdict, delivered by a 12-member jury in Manhattan federal court, solidified the fall from grace of the 31-year-old former billionaire. He was convicted of looting $8 billion
CRYPTO FOUNDER GUILTY OF $BILLIONS THEFT SAYS COURT Read More »