CBN Establishes Deadline of January 31 for Submission of FX Code Compliance Reports

The Central Bank of Nigeria (CBN) has directed all participants in the foreign exchange (FX) market to submit compliance reports detailing their adherence to the Nigeria FX Code by January 31, 2025. This directive aims to enhance ethical practices, governance, and transparency in Nigeria’s FX market. The Nigeria FX Code, which became effective on December…

Read the full story here

Fr. Kelvin Ugwu: Wealth Leads to a Unique Kind of Poverty in Response to Zicsaloma’s Nose Job

Nigerian Catholic missionary priest, Fr. Kelvin Ugwu has said that many rich people are poor in self-esteem, discipline, and contentment while poverty has a way of hiding people’s true nature.     He stated this in a Facebook post on Monday while reacting to Nigerian comedian, Zicsaloma’s recent rhinoplasty.      The skit maker had…

Read the full story here

1 in 2 Americans Impacted by UnitedHealth Cyberattack, Latest Disclosure Reveals

UnitedHealth Group says the impact from the cyberattack last year at its Change Healthcare subsidiary is much wider than previously understood, affecting roughly 190 million patients — up from previous estimates of about 100 million people. The updated tally extends the scope beyond what was previously described by company Chief Executive Andrew Witty, who suggested…

Read the full story here

Obasa Faces Possible Suspension for Pursuing Lagos Speaker Position, According to APC Leader

Wale Mogaji, a prominent All Progressives Congress (APC) member and former chairman of the Lagos State House of Assembly Commission, has warned that Mudashiru Obasa, the recently impeached speaker of the Lagos State House of Assembly, could face suspension if he continues to assert himself as the speaker. Speaking with journalists in Ikeja on Monday,…

Read the full story here