Tinubu reappoints Kenny Anuwe as CEO of FGN Power Company, names new management team
President Bola Tinubu has reappointed Kenny Anuwe, as the managing director (MD) and chief executive officer (CEO) of FGN Power Company Limited. In a statement by Ajuri Ngelale, special…
CBN revokes operational licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) Operators. The apex bank disclosed this in a statement on Friday by the…
JUST IN: Jose Peseiro quits as Super Eagles coach
AFCON 2023 silver winning coach, Jose Peseiro, has ended his reign as the Super Eagles’ manager. The Portuguese tactician and former forward disclosed this in a post on his…
MTN Nigeria posts N137bn loss in 2023 as naira devaluation exacts heavy toll
MTN Nigeria reported an after-tax loss of N137 billion in 2023 compared to profit after tax of N348.7 billion in 2022 on the back of huge foreign exchange impairments that…
Naira crash: FG fines Binance $10bn for ‘fixing exchange rate’
The federal government says it is demanding at least $10 billion as retribution from Binance for profiting from “its illegal transactions” in Nigeria. Bayo Onanuga, the special adviser on…
Residents barricade Kaduna-Abuja highway over kidnapping
Residents of Gonin-Gora in the troubled Chikun Local Government Area of Kaduna State on Thursday barricaded the Kaduna-Abuja Expressway protesting the abduction of unspecified number of people in the…
Cardoso assures investors of robust FX supply, says remaining backlog will be cleared soon
The Central Bank of Nigeria (CBN) says it will ensure that the outstanding foreign exchange (FX) liabilities will be cleared in the next few days. Olayemi Cardoso, governor of…
Foreign airlines reintroduce low air fares for Nigerians after FG’s intervention
The Nigerian Civil Aviation Authority (NCAA) says foreign airlines have reopened their low-inventory tickets for Nigerians to access cheaper flights. Michael Achimugu, the authority’s director of public affairs and…
I’ll speak on my removal as FCCPC CEO in due course – Babatunde Irukera
Babatunde Irukera, immediate-past chief executive officer (CEO) of the Federal Competition and Consumer Protection Commission (FCCPC), says he will address his removal from office by President Bola Tinubu “in…
Tinubu jabs NLC, says you can’t fight me
President Bola Ahmed Tinubu on Thursday condemned the recent protest by the Nigeria Labour Congress (NLC), warning the Labour movement to know that it is not the only voice…
