Binance tightens account usage rules. Monitoring of user accounts is strengthened (all suspicious activities are carefully examined). Exchange representatives promise rewards for reports of “improper actions with accounts” (e.g., account selling). The new security measures aim to “prevent misuse of account features and improve the integrity of the platform.”
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Tinubu appoints eight new permanent secretaries
President Bola Tinubu has approved the appointment of eight new Federal Permanent Secretaries to fill existing and upcoming vacancies in the civil service. The Special Adviser on Media and Publicity to the President, Ajuri Ngelale, disclosed this in a statement in Abuja on Friday. He said the new permanent secretary was appointed after a rigorous selection process by the Office …
Read More »It’s better to date a man in trouble than to date a multimillionaire who got his hands dirty with bl00d — Nollywood actor Zubi Michael
“It’s better to date a man in trouble than to date a multi-millionaire who has blood on his hands” – Nollywood Actor Zubi Michael “It’s not all about the money, the multimillionaire you admire may have a temple to evil things in his house. He may have scammed someone and the depressed person took his own life, but you want …
Read More »NGX: Investors ended the week with profits of N374 billion
The Nigerian equity market maintained its positive performance with investors making a profit of N374 billion at the close of trading on Friday. This follows the growth in share prices of UCAP, LASACO, and CWG, among others, on the stock exchange floor today. After five hours of trading on the capital market, equity capitalization rose to N56.6 trillion from N56.2 …
Read More »CBN allows banks to deposit excess FX at Lagos, Abuja branches
In an effort to deepen the foreign exchange market, increase liquidity and achieve convergence in exchange rates, the Central Bank of Nigeria (CBN) has given the green light to Money Deposit Banks (DMB) to deposit their excess foreign currency notes in its branches in Lagos and Abuja . This approval follows increasing demand for DMBs to deposit their foreign exchange …
Read More »Veteran actor Mr Ibu buried in Enugu
The burial of Nollywood actor John Okafor, better known as Mr Ibu, has taken place in his hometown of Amuri, Nkanu West Local Government Area of Enugu State. The actor passed away in March 2024 in Lagos due to cardiac arrest, following complications from the amputation of a leg. Mr Ibu, born and raised in Enugu, gained recognition in …
Read More »Former Governor Dickson says ‘big players’ in Lagos, Abuja behind oil theft in Niger Delta
Senator representing Bayelsa West, Seriake Dickson, on Friday, described those behind oil theft in the Niger Delta as “big players” who live outside the region. The former Bayelsa State Governor disclosed this during his visit to the Gbaramatu Kingdom, Oboro-Gbaraun II, Aketepe, Agadagbam in Warri South West Local Government Area of Delta State. Dickson said that although many people believe …
Read More »A devastating fire has hit the Karu market in the Federal Capital Territory, leaving a trail of destruction and loss
Traders count losses as fire destroys Abuja market Goods and properties worth millions of naira were reduced to ashes in the market located in Karu suburb of the Federal Capital Territory. Traders, who lost their goods in the inferno, could be seen wailing uncontrollably over their losses. “Everything is burned. I couldn’t salvage anything. This is where we feed ourselves. …
Read More »Naira up N5, trading at N1,505/$1 on official exchange
The naira gained its first in more than 10 days against the US dollar on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the Nigerian currency strengthened by N5 to trade at N1,505/$1 on the official market today. The currency was trading at N1,510/$1 on Thursday. The intra-day high and low recorded during the day were N1,540/$1 …
Read More »US imposes sanctions on UAE shipping company transporting Iranian fuel
The United States has imposed sanctions on three United Arab Emirates (UAE) shipping companies involved in Iran’s petroleum and petrochemical trade. The State Department also identified 11 vessels transporting petroleum products or petrochemicals as blocked property. The companies targeted are Sea Route Ship Management FZE, Almanac Ship Management LLC, and Al Anchor Ship Management FZE. US Secretary of State Antony …
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