Business
THISDAY is 30 Today, Commemoration, Awards for the Tough and Resilient on Jan 27
THISDAY, Nigeria’s foremost newspaper of record, is 30 years on the news stands today.
THISDAY first started publication as a weekly on January 22, 1995, before quickly transforming into a daily newspaper barely two months later.
In a statement, the paper said that to mark the occasion, it has already set out to honour some of the nation’s ‘Tough and Resilient’ persons and institutions in selected fields of endeavours on Monday, January 27.
The presentation of first awards is set to begin in Davos, Switzerland tomorrow.
In its three decades of trailblazing and robust journalism, THISDAY has without doubt shattered the myths and norms associated with newspaper production and publishing in the country.
Indeed, it has, in no small measure, changed the face of the newspapering industry during that period, including pioneering the now famous colour printing and back page columns.
Till date, THISDAY remains the preferred newspaper among the business, political and diplomatic elite, and has for many years been one of the most recognisable brands locally and internationally.
Thus, to celebrate this milestone, THISDAY recently invited nominations for various categories of nominees for its awards ceremony billed for next Monday, tagged: “When the Going Gets Tough… the Tough Gets Rewarded!” The awards will cover several categories, mostly for the ‘tough and resilient’, including the men and the women and the institutions rebuilding Nigeria and her democracy.
Some of the categories include ‘Titans of The Year’, for the men and women who through their vision, action, guts and courage have made a lasting impact on Nigeria.
One of the major recognitions, however, is the ‘Man of the Year’ award conceded to President Bola Tinubu, for having significantly influenced many of the major events that shaped 2024.
Another of such award categories already won is the ‘Woman of the Year’ by Dr. Ngozi Okonjo-Iweala, as the woman, who in many ways, influenced major events of2024, both in Nigeria and across the globe.
Other categories are, ‘Bank of the Year’, for the bank, which has used innovation, technology and inclusion for growth in earnings and shareholder value as well as ‘Banker of the Year’, for the banker whose leadership and impact has changed the banking landscape for good.
Business
Exchange Rates Today Friday, 12 June
Black Market Rates
US Dollar (USD) ₦1,397
Great British Pound (GBP) ₦1,850
Official CBN Exchange Rates
US Dollar (USD) ₦1,363. 83
Great British Pound (GBP) ₦1,821. 25
EURO (EUR) ₦1,572. 90
SWISS FRANC (CHF) ₦1,706. 49
JAPANESE YEN (JPN) ₦8.50
CHINESE YUAN (CNY) ₦201.20
West African CFA (XOF) ₦2.40
West African Unit Account (WAUA) ₦1,857. 45
SAUDI RIYAL (SAR) ₦363. 29
SOUTH AFRICAN RAND (ZAR) ₦82.61
Black Market Rates
US Dollar (USD) Buy ₦1,397 Sell ₦1,405
Great British Pound (GBP) Buy ₦1,850 Sell: ₦1,870
EURO (EUR) Buy ₦1,587 Sell ₦1, 607
Canadian Dollar (CAD) Buy ₦1,030 Sell ₦1,100
South African Rand (ZAR) Buy ₦75 Sell ₦90
UAE Dirham Buy ₦350 Sell ₦370
Chinese Yuan Buy ₦180 Sell ₦200
Ghana Cedi (GHS) Buy ₦95 Sell ₦110
West African CFA Buy ₦2, 380 Sell ₦2, 460
Central African CFA Buy ₦2, 220 Sell 2,300
Australian Dollar Buy ₦800 Sell ₦900
Business
Airtel launches data calculator to counter depletion complaints
Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said that the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.
Airtel Nigeria has launched the Airtel Web Data Calculator, a new digital tool designed to help customers estimate and better understand their internet data consumption based on real-life usage patterns.
Available through Airtel’s website, the calculator enables customers to estimate data usage across common digital activities such as video streaming, social media engagement, voice and video calls, and everyday web browsing.
Speaking on the launch, Oladokun Oye, Customer Experience Director, Airtel Nigeria, said that the initiative reflects Airtel’s commitment to customer empowerment and service transparency.
“As Nigerians become increasingly dependent on digital services for work, education, entertainment and communication, it is important that customers have clear visibility into how their data is consumed.
The Airtel Web Data Calculator was developed to help our customers understand their usage patterns better, make informed choices, and enjoy greater confidence in their digital experience,” he said.
Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.
“The future of telecommunications will be defined not only by network investments but also by how effectively operators help customers understand and manage their digital lives. The Airtel Web Data Calculator represents a practical innovation that places more information and control directly in the hands of our customers.” He said.
Business
Kingsley Moghalu chairs Bluecode Africa subsidiary in Nigeria
Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.
Bluecode Africa, the European payments infrastructure operator backed by leading US and European institutional investors, has named Prof Kingsley Chiedu Moghalu as Chairman of the Advisory Board of its Nigerian subsidiary, Bluecode Payments Nigeria Limited as the company formally enters the Nigerian market.
The appointment was jointly announced by Chris Pirkner, Founder of Bluecode, and Odin Krismayr, Managing Director of Bluecode Africa, who described it as a foundational governance decision for the company’s Nigerian and continental operations.
Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.
He led the team that introduced the unique-identifier Bank Verification Number (BVN), enrolling 50 million banking users, simplifying Know Your Customer (KYC) procedures, and doubled Nigeria’s financial inclusion rate from 33 to 60 per cent.
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