Author: Akintayo Adams

Foreign exchange sellers to Bureau De Change (BDC) who sell foreign exchange for at least $10,000 are required by the Central Bank of Nigeria (CBN) to disclose their foreign exchange sources. This was said by the apex bank in a revamped regulatory framework it released on Friday, which aims to restrain BDC excesses and reduce market confusion. The CBN further stated that sellers will have to abide by all foreign exchange laws and regulations in addition to Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) standards. The CBN stated that as part of continuing changes to the Nigerian foreign currency market,…

Dr. Wasiu Olatubosun, the Oyo State Commissioner for Culture and Tourism, officially opened the Royal Entertainment Cruise firm, which provides boat cruise services, at Ibadan’s Eleyele Waterfront on Wednesday. The company’s arrival is expected to boost aqua tourism in the state. As Dr. Olatubosun congratulated Mr. Sanmi Bamidele on his accomplishment as CEO, he reminded him that safety was a critical factor in the company’s success. The CEO of Royal Entertainment was praised by the commissioner for being the first in the state to venture into the aqua tourist industry.Speaking about the state governor’s initiatives to boost tourism, Olatubosun stated…

An illicit crude oil refining facility was discovered in a forest in the Odagwe community of the Etche Local Government Area of Rivers State by the Nigerian Army’s 6 Division Garrison in Port Harcourt. This occurs just three days after the Nigerian Navy said that its agents broke into an illicit oil refinery located at Abonema Wharf in the Port Harcourt region of the state. The complex included 750,000 liters of illicitly refined diesel, also known as automated gas oil. One million liters of crude oil were collected by the army during an operation against oil theft and illicit oil…

Rasmus Hojlund, a Danish striker, will miss “two to three weeks” due to a muscular issue, Manchester United has revealed. With his brace against Luton Town last weekend, he became the youngest player to score in six straight Premier League games. However, he will not play against Fulham this weekend or in the Manchester derby the following Saturday. After a difficult start to his career at Old Trafford, the 21-year-old has been on fire since Christmas, netting seven goals in six league appearances. The club just announced that he would undoubtedly miss Saturday’s league match against Fulham and could miss…

This afternoon saw the Europa Conference League round of 16 draw, with Unai Emery’s Aston Villa serving as the only British team participating. As usual, the draw was held in Uefa’s headquarters in Nyon, where the clubs that advanced to the play-off round got knowledge of their opponent’s seed. The last 16 fixtures will take place over consecutive weeks with the first legs being played on March 7th and the second legs following on March 14th. The result of the draw is as follows: Servette vs Viktoria Plzeň Ajax vs Aston Villa Molde vs Club Brugge Union SG vs Fenerbahçe…

Oyo State Governor Seyi Makinde has announced that any officer of the Park Management System (PMS) shall be held accountable for any crimes committed by them. During the inauguration of PMS officials led by Alhaji Tomiwa Omolewa, Makinde made this statement. The governor cautioned the recently sworn-in executive members to continue upholding law and order in the state during his speech at the gathering held at the House of Chiefs, Secretariat, Agodi, Ibadan. He went on to say that everyone who commits an offense will be held responsible for it. Makinde emphasized that his government will not put up with…

Liverpool, West Ham, Brighton, and Rangers have all learned who their opponents would be in the following round of the Europa League after the draw was completed. After the play-offs including third-place Champions League teams ended, Uefa held the draw this morning in Nyon. Other candidates include Bayer Leverkusen, led by Xabi Alonso, who is leading the Bundesliga this year; Villarreal, AC Milan, Atalanta, and Benfica might also pose a threat. The result of the draw is as follows: Sparta Prague vs Liverpool AS Roma vê Brighton Benfica vs Rangers Freiburg vs West Ham Marseille vs Villarreal Sporting vs Atalanta…

Lagos State is prepared for the establishment of a state police, according to Governor Babajide Sanwo-Olu. He also notes that the state has at least 10,000 personnel who will be deployed right away if the National Assembly and the Federal Government finalize the constitutional requirements pertaining to the creation of a state police. In a media chat on Thursday, Sanwo-Olu expressed his excitement for the establishment of state police in the nation. As per his statement, members of the Lagos Neighborhood Safety Corps (LNSC), a security organization in uniform founded by a Lagos State House of Assembly legislation in 2016,…

A spacecraft built and run by the Texas-based business Intuitive Machines made a historic landing on Thursday, close to the moon’s south pole. This was the first time the United States has set foot on the lunar surface in more than 50 years and the first landing carried out by the private sector. NASA, which equipped the vehicle with a number of research instruments, hailed the landing as a major step toward its goal of deploying a fleet of private spacecraft for lunar exploration missions. The goal of these missions is to go before the scheduled astronaut return to the…

Oyo State Governor Seyi Makinde has criticized Senate President Godswill Akpabio’s assertions that each state received an extra N30 billion to alleviate food crisis. Akpabio had made the remark a few days prior, but Makinde asserted that Oyo State had not received such cash during the dedication of the recently refurbished Iseyin Central Mosque, which was funded by Iseyin-born legal legend Ahmed Raji (SAN). “This is not the time to play politics, as we have real issues that deserve real solutions. But yesterday, I saw the video and read in the news where the Senate President, Sen. Godswill Akpabio, made…