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Finance
FinanceNews
Senate Considers Raising Customs Revenue Target to Save Nigeria from Debt Crisis
The Senate has informed the Nigeria Customs Service that the agency’s 2024 revenue target will undergo an upward revision in the latter part...
FinanceNews
EFCC Arrests Pastor for N1.3 Billion Fake Grants, Money Laundering Scheme
In a startling revelation, the Economic and Financial Crimes Commission (EFCC) has apprehended Apostle Theophilus Oloche Ebonyi, the General Overseer of Faith On...
BusinessFinance
Why it is Unwise for CBN to Convert Domiciliary Accounts to Naira- Kalu Aja
Over the past couple of days, there have been speculations that the Central Bank of Nigeria (CBN) has plans to convert foreign currencies...
BusinessFinance
CBN Discovers False 2.4 billion FX Backlog
In a recent interview with Arise Television, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso disclosed that 2.4 billion of the $7 billion...
BusinessFinance
CBN’s Recent Effort to Stabilize Nigeria’s Volatile Exchange Rate: a Policy Overload?
“CBN bans banks and Fintechs from International Money Transfers” “CBN mulls the conversion of 30bn domiciliary accounts to Naira” “CBN hikes import duty...
FinanceNews
“Some Clowns are Celebrating on Twitter over Naira’s Fall” – Shettima
Vice President Kashim Shettima has voiced his dismay towards Nigerians who derive joy from the naira’s decline against the dollar, labelling them as...
BusinessFinance
Femi Otedola Assumes Chairmanship of FBN Holdings Board
Femi Otedola has taken over as Chairman of the Board of FBN Holdings Plc, the parent company of First Bank. This transition occurred...
BusinessFinanceNews
“Women’s thirst for lace wigs devalue the naira”- AriseTV’s Rotus
Rotus, a broadcaster, has alleged that Nigerian women are partly responsible for the devaluation of the naira due to their thirst for lace...
BusinessFinance
F. Otedola’s Return to Forbes List
The billionaire entrepreneur Femi Otedola has returned to the Forbes list after an eight-year break. He shared the announcement on Instagram with a...
Finance
How Crisis in Mangu, Plateau Will Cause Nationwide Food Shortage – Kalu Aja
Mangu, Bokkos, and Barkin Ladi Local Government Areas (LGAs) in Plateau State are grappling with relentless attacks that have left residents either injured,...
BusinessFinance
JK Rowling and Ed Sheeran among UK’s highest tax payers
JK Rowling and Ed Sheeran have emerged as some of the United Kingdom’s highest taxpayers. The Sunday Times recently revealed that these two...
BusinessFinance
A Chronicle of Currency Crisis: Naira Vs. Zimbabwe Dollar
Landlocked between the Zambezi and Limpopo Rivers, Zimbabwe lies in the Southern heart of Africa. The country, known for its diverse wildlife and...