Author: Ifetayo Adeniyi

With retail dollar auction, CBN steps in to save naira’s continuous falling Sources say the CBN has been confounded by the naira’s rapid fall despite its increased interventions in the foreign exchange market. The Central Bank of Nigeria (CBN) will be hoping it can halt the naira’s downward spiral by selling dollars at a retail auction today. The apex bank has received a list of all outstanding FX demand by end users from authorised dealer banks, after telling banks in a circular that it was diverging from the usual wholesale auctions to banks. Sources say the CBN has been confounded…

Tariffs transparency: NCC directs telcos on simplification TELCOS LOGOS “Guidance on the Simplification of Tariffs in the Nigerian Communications Sector,” issued on July 29, 2024. The Nigerian Communications Commission (NCC) has directed telecommunications operators to simplify their tariff plans, bundles, and promotional activities in a way that will provide clear, easy-to-understand, and accurate information about the cost of voice, short messaging service (SMS) and data services to subscribers. Reuben Muoka, Director, Public Affairs of NCC in a statement on Monday said the directive to the operators was contained in a “Guidance on the Simplification of Tariffs in the Nigerian Communications…

Salient facts about Tim Walz, Kamala Harris’ running mate Tim Walz Who is Walz? U.S. Vice President and Democrats’ presidential candidate, Kamala Harris picked Tim Walz as her running mate for the presidency in November. Below are quick facts about him. 1. Walz is the 41st Governor of Minnesota 2. He was born on 6 April, 1964 and is currently 60 years old 3. He was a member of the United States House of Representatives from 2007 to 2019, representing Minnesota’s 1st congressional district. 4. Walz is an American politician, former U.S. Army non-commissioned officer, and retired educator. 5. Walz…

Adeniyi gives reason for not yet implementing Tinubu’s food import duty waiver Mr Adewale Adeniyi “I like to let Nigerians know that there has been a lot that is going on to address these issues that are related to ameliorating this situation. Mr Adewale Adeniyi, the acting Comptroller General Nigeria Custom Service (NCS), inspecting Illela border of Sokoto State. The Comptroller General, Nigeria Customs Service (NCS), Bashir Adeniyi has said the duty waiver on imported foods announced recently by President Bola Tinubu has not been implemented because guidelines were still being worked out at the Ministry of Finance. He, however,…

INEC releases final lists of voters in Edo, Ondo for coming governorship elections The new register incorporates new voters from the recent Continuous Voter Registration and includes successful applicants for transfers from other states to Edo and Ondo. The Independent National Electoral Commission has released the final register of voters for the upcoming Edo and Ondo governorship elections. The decision followed a meeting held by the commission on Tuesday, as contained in a statement signed by the National Commissioner and Chairman of the Information and Voter Education Committee, Sam Olumekun. In Edo, “The State now has 2,629,025 registered voters. The…

Brume, Usoro, Ochonogor qualify for long jump final – Paris Olympics Ese Brume This is the first time three Nigerian women have reached the event’s final in Olympic history. The trio of Ese Brume, Ruth Usoro, and Prestina Ochonogor secured their places in the women’s long jump final at the Paris 2024 Olympics on Tuesday. This is the first time three Nigerian women have reached the event’s final in Olympic history. Brume, an Olympic bronze medallist, shook off a shaky start that saw her in 9th place to leap 6.7 metres in her final attempt, earning automatic qualification for the…

Strong Earnings Prospects From New Refinery, GCR Affirms Dangote Industries Limited’s Ratings Of AA+(NG)/A1+(NG) The outlook on the ratings has been revised to Evolving from Stable previously. GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively, accorded to Dangote Industries Limited (DIL). In its recent report, GCR also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of Dangote Industries Funding Plc’s Series 1 NGN10.5Bn Tranche A and NGN177.1Bn Tranche B Bonds and Series 2 NGN112.4Bn Senior Unsecured Bond. The outlook on the ratings has been revised to…

Here’s EPL Update on October games, dates and times EPL trophy The EPL announced this in a Tuesday statement on its website. The updated schedule reflects changes to accommodate European matches, affecting the dates and times of several games. Here’s the full fixtures for the 380 games for the entire season for the 20 participating football clubs. With each team playing 38 games, the season begins on 17 August 2024 and ends in May 2025. Below is the revised schedule, including fixtures that have been moved due to European commitments. All kick-off times are at 15:00 BST unless otherwise mentioned.…

To elevate digital advertising campaigns, Google highlights 5 AI-powered tools “This streamlined workflow saves you time and eliminates unnecessary clicks, allowing you to focus on what matters most… ” Google, on Tuesday, highlighted five artificial intelligence-powered creative tools that can elevate digital advertising campaigns. Taiwo Kola-Ogunlade, Communication and Public Relations Manager of Google West Africa said in a statement that the tools would empower marketers to uncover hidden insights that could enable them to stay ahead. Kola-Ogunlade highlighted the tools as advanced reporting, AI-powered image editing, generative AI for asset creation, streamlined access and seamless integrations with creative platforms, the…

Presidential running mate, Kamala Harris picks Minnesota Governor, Tim Walz Kamala Harris, Democratic presidential candidate and US vice president, announced Minnesota Governor, Tim Walz, as her running mate on Tuesday. Harris picked Walz as she prepares to battle Donald Trump’s Republican party in November’s US election. FLY CABLE NEWS gathered that experts believe that Walz brings a rural Midwestern perspective to the Democrat’s campaign while also having notched liberal policy goals such as cannabis legalisation and increasing worker protections.