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Finance
FinanceNewsPolitics
Budget Padding: Some people didn’t understand the arithmetic -Tinubu
In a recent engagement with the leadership of the 10th Senate on Thursday, President Bola Tinubu addressed the ongoing allegations of budget padding,...
FinanceNews
Foreign Airlines Refute CBN’s Foreign Exchange Settlement Claim
Contrary to the Central Bank of Nigeria’s (CBN) announcement that it has cleared all outstanding foreign exchange obligations, representatives from foreign airlines have...
FinanceNews
Naira Hits N1400 Against Dollar in Parallel Market
On Wednesday, the Nigerian naira (NGN) exchanged for N1400 against the United States dollar in the parallel market. This represents a significant appreciation...
FinanceNews
N30 trillion Ways and Means loan: Emefiele indicted, Senate summons Cardoso
The Senate Ad-hoc Committee probing the acquisition and expenditure of the N30 trillion Ways and Means loans from the Central Bank of Nigeria...
BusinessFinanceTechnology
Moove Secures $100M Led by Uber for Ride-Hailing
According to TechCrunch, car-financing startup Moove has raised $100 million in a Series B round reportedly led by Uber. This funding round brings...
Finance
Dr Adaora Umeoji Makes History as Zenith Bank’s First Female CEO
Dr. Adaora Umeoji has been appointed the first female CEO of Zenith Bank in Nigeria, a historic move. She has a distinguished academic...
BusinessFinanceTechnology
Telegram Raises $330 Million Through Bond Sales, Eyes Profitability and Potential IPO
Telegram founder and CEO Pavel Durov announced today on his channel that the company successfully raised $330 million in investment through bond sales...
BusinessFinanceNews
Federal Court Orders Binance to Disclose Names and Details of its Nigerian Users to EFCC
A Federal High Court in Abuja has ordered Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with details regarding...
FinanceNews
Niger State Govt Allocates N976m for Ramadan Feeding
The Niger State Government has approved an allocation of N976 million for Ramadan feeding across the eight emirate councils of the state. This...
BusinessFinanceNews
Nigerian Entrepreneurs Gather for Growth at DBNC 2024
Despite economic headwinds, Nigeria’s business community is gearing up for the 4th annual Doing Business in Nigeria Conference (DBNC) on April 13, 2024....
FinanceNews
Unity Bank Plc to Suffer Financial Loss of N20.7 billion
Unity Bank Plc released its financial earnings projections for the second quarter of 2024 on Monday. The company’s pre-tax record was a loss...
FinanceNews
FG yet to charge detained Binance executives, family laments
Two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, have found themselves detained in Nigeria without any formal charges being brought against them. The...