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Finance & Economy
CBN Revokes Operational Licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN), in exercise of the powers conferred on it under the Bank and Other Financial…
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News
MTN Nigeria incurs N740 billion in forex losses, shareholders funds wiped out
MTN Nigeria Plc has reported a loss before tax of N177.8 billion compared to a pre-tax profit of N518.8 billion…
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News
Dangote Cement Hits N11trn Market CAP; Airtel, Others Retain N1trn Market CAP
The number of quoted companies with over N1trn market capitalisation on the NGX stood at ten (10) as of…
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News
N10bn Money Laundering: Court Upholds EFCC’s Amended Charges Against Ex-Gov Bello’s Nephew, Other
Justice James Omotosho of the Federal High Court sitting in Abuja on February 23, 2024 overruled a motion on notice…
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Finance & Economy
Binance disables the naira feature on its P2P market
Binance, a widely used crypt exchange with over 170 million users worldwide disabled its peer-to-peer feature for Nigerian users. Known…
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News
Two senior executives at Binance have been detained in Nigeria.
According to Financial Times (FT), a UK-based business news outlet, the passports of the unnamed Binance executives were seized. FT…
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Finance & Economy
CBN Raises MPR to 22.75% and CRR to 45% Post February 2024 MPC Meeting
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has today concluded its two-day meeting for February 2024. This meeting marks…
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Leaders
BASHIR ADEWALE ADENIYI:Tackling the challenges of a nation’s ultimate cash cow
Amos Adetunji For those who may not know, Bashir Adewale Adeniyi is a consummate professional. And he is also highly…
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Finance & Economy
FBNH is now most capitalized banking stock in Nigeria, topples GTCO
Nigeria’s oldest bank, FBN Holdings became the most capitalized bank in Nigeria at the close of trading on Monday 25th…
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Finance & Economy
Nigeria’s foreign capital from US investors falls by 88% in Q4 2023
In an unexpected turn of events, sharply contrasting with prior optimistic outlooks on US-Nigeria economic relations, Nigeria observed a dramatic…
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