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Bitcoin Falls by 6% after Reaching All-time High of $69,000
Bitcoin has fallen by over 6% after shattering its previous record and reaching an all-time high of over $69,000 on Tuesday. The initial...
BusinessNews
Airtel Buys Back 991,861 Shares from Citigroup to Reduce Capital
Airtel Africa, the telecommunications giant, has successfully repurchased 991,861 of its shares, valued at $0.50 each, from Citigroup Global Markets on the London...
BusinessFinanceNews
Breaking: Bank of Ghana Suspends Forex Trading Licences of GTB and FBNBank
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN)...
BusinessFinanceTechnology
Fintech Startup Brass Furloughs Employees Amid Economic Challenges
Fintech startup Brass has announced its decision to furlough an undisclosed number of its employees temporarily due to prevailing economic challenges. CEO Sola...
BusinessFinanceNews
Access Bank Launches “YouThrive” Initiative to Empower Nigerian Young Entrepreneurs
Access Bank Plc has launched a “YouThrive” initiative to empower 700,000 youth owned Micro, Small, and Medium-scale Enterprises (MSMEs) in Nigeria with N50...
BusinessNews
Keyamo Denies Claims of Relocating Fire-fighting Simulator to Lagos
The Ministry of Aviation and Aerospace Development has officially denied rumours of relocating a fire-fighting simulator from the Nigerian College of Technology, Zaria,...
BusinessNews
Security Agents in Kogi Intercept 53 Stolen Transformers
Security agents in Kogi State have successfully intercepted a truck transporting 53 stolen electrical transformers intended for electrification projects across the state. The...
BusinessFinanceNews
Nigerian Entrepreneurs Shine in 2024 Swiss-Africa Start-up Competition
The 2024 Swiss–Africa Academia-Industry Training (AIT) start-up competition has crowned twelve winners from Nigeria, South Africa, and Rwanda across diverse sectors like biotech,...
BusinessNews
Customs Gives 90-Day Window for Import Duty Payment on Unsettled Vehicles
The Nigeria Customs Service (NCS) has introduced a 90-day window to regularise import duties on specific vehicle categories. This was conveyed through a...
BusinessNews
Breaking: FCT Residents Loot NEMA Facility for Foodstuffs
Amidst growing economic challenges, residents in the Federal Capital Territory (FCT) have taken matters into their own hands by looting a National Emergency...
BusinessNews
House of Reps Summons Binance CEO to Appear in Nigeria by March 4th
The House of Representatives Committee on Financial Crimes has issued a seven-day ultimatum to Binance Chief Executive Officer, Richard Teng, demanding his appearance...
BusinessNews
CBN Revokes Licenses of Over 4,000 Bureaux De Change Operators
The Central Bank of Nigeria (CBN) has decisively revoked the operational licenses of 4,173 Bureaux De Change (BDC) operators. This information was disclosed...