Finance

CBN Begins Investigation Into Unity Bank Fraud
BusinessFinance

After WAW’s Story, CBN Begins Investigation Into Unity Bank Fraud

The Central Bank of Nigeria’s Banking Supervision Department Director, Mr Adekunle Adeniji, on 21st December, issued a response in acknowledgement of the Asset...

BusinessFinance

Mike Adenuga Reclaims Position as Nigeria’s Second-Richest Man

Nigeria’s telecom billionaire and oil magnate, Mike Adenuga, has reclaimed the position of the country’s second-richest individual, boasting a net worth valuation of...

BusinessFinance

Robert Kiyosaki: Navigating $1.2 Billion Debt with Unique Financial Philosophy

“I use debt as money and I don’t save cash because in 1971 the dollar became debt,” the “Rich Dad, Poor Dad” author...

World Bank Releases 2024 Report on Global Economic Prospects
BusinessFinanceNewsWorld

World Bank Releases 2024 Report on Global Economic Prospects

As the year 2024 begins, the World Bank, in its first batch of 2024 Global Economic Prospects Reports, released an in-depth report analyzing...

BusinessFinance

Unveiling the Tech Investment Surge in Africa’s Big Four Markets – 2023 Overview

In 2023, Africa witnessed a shift in tech investments, notably in the big four tech markets: Egypt, Nigeria, Kenya, and South Africa. ‘Africa:...

FinanceNews

Tinubu Suspends Minister of Humanitarian Affairs and Poverty Alleviation

President Bola Tinubu has suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office with immediate effect. In a...

FinanceNews

Former Minister Sadiya Umar-Farouk Appears at EFCC Headquarters Over Alleged Fraud Investigation

Sadiya Umar-Farouk, the erstwhile Minister of Social Development, Disaster Management, and Humanitarian Affairs, answered the call from the Economic and Financial Crimes Commission...

CBN Pays Nearly $2 Billion Towards FX Backlog
BusinessFinanceNews

CBN Pays Nearly $2 Billion Towards FX Backlog

In a bid to clear the backlog of dollars, Africa’s biggest economy, Nigeria, via the Central Bank of Nigeria (CBN), has paid $2...

FinanceNews

FG Launches Investigation into Alleged Misuse of Funds by Ministry of Humanitarian Affairs

In response to mounting concerns and widespread public speculation, the Nigerian government has initiated a thorough investigation into the purported misallocation of public...

BusinessFinance

Dr. Tayo Aduloju Appointed as CEO of Nigerian Economic Summit Group

Dr. Tayo Aduloju has been appointed as the new Chief Executive Officer of the Nigerian Economic Summit Group (NESG), effective from January 1,...

BusinessFinance

Gautam Adani Regains Title as Asia’s Richest, Surpassing Challenges in a Resurgent 2024

Gautam Adani has reclaimed his title as Asia’s wealthiest individual, with a net worth of $97.6 billion, making him the 12th richest globally,...

BusinessFinance

Africa’s Richest Black Billionaires 2024: Diverse Entrepreneurs Driving Economic Empowerment

Africa boasts a continent rich with enterprising individuals, producing world-class businessmen. Notably, among Africa’s top billionaires are some who may not fit the...