MCDONALD’S LAUNCHES WORLD CUP MEAL AND COLLECTIBLE CUPS AHEAD OF 2026 FIFA TOURNAMENT KICKOFF. (PHOTO).

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McDonald’s launches World Cup meal and collectible cups ahead of 2026 FIFA tournament kickoff McDonald’s is launching limited-time World Cup meals and collectibles ahead of the FIFA tournament kickoff on June 11, as excitement builds for the expanded 48-team competition co-hosted by the United States, Mexico and Canada. The fast-food chain, returning as an official tournament sponsor, will roll out its World Cup-themed menu nationwide starting June 4. Customers can choose between a Big Mac or a 10-piece Chicken McNuggets meal, both served with a special gold-packaged Big Mac Sauce. As part of the promotion, McDonald’s is also releasing collectible cups featuring nine global soccer stars and cultural icons. The lineup includes Christian Pulisic, David Beckham, Ronaldinho, Thierry Henry, Son Heung-Min, Lamine Yamal, Alphonso Davies, Santiago Gimenez, and the brand’s mascot Grimace. The company said the campaign is designed to celebrate global fan culture and the shared excitement around ...
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CBN DENIES SELLING FX AT N1, 301/$ TO BDCs. (PHOTO).

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 CBN denies selling FX at N1,301/$ to BDCs


The Central Bank of Nigeria (CBN) has dismissed claims that it is selling foreign exchange (FX) to eligible Bureau de Change (BDC) operators at N1,301 per dollar.


In a statement posted on X on Tuesday, the CBN clarified that a widely circulated document suggesting such a transaction did not originate from the bank.


The fake circular claimed that BDCs were permitted to sell FX to eligible end-users at a margin of no more than 1% above the purchase rate from the CBN. It further alleged that the CBN had implemented measures to address exchange rate distortions and approved the sale of $20,000 to each BDC at the rate of N1,301 per dollar.


“Following ongoing reforms in the foreign exchange market to achieve an appropriate market-determined exchange rate for the Naira, the Central Bank of Nigeria (CBN) has observed continued price distortions at the retail end of the market, feeding into the parallel market and widening the exchange rate premium,” the fraudulent document stated.


The fake circular also detailed instructions for BDCs, including making Naira payments to designated CBN Foreign Currency Deposit Accounts and submitting necessary documentation at specific CBN branches in Abuja, Awka, Lagos, and Kano.


However, the CBN has categorically denied these claims, describing the information as false and unaffiliated with the bank.


It is worth noting that on September 6, 2024, the CBN approved the sale of dollars to BDC operators at a rate of N1,580 per dollar.

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