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Nigerian Billionaire Tycoons’ Companies Achieve Staggering N3.1 Trillion Capital Gain in 2023
In 2023, Nigerian billionaire investors Herbert Wigwe, Aliko Dangote, Femi Otedola, and Jim Ovia saw their companies – Geregu, Zenith Bank, Access Holdings,...
FinanceNews
Alleged Laundering: Former Minister Apologise to EFCC for Not Honouring Invitation
Former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar Farouq, has issued an apology to the Economic and Financial Crimes...
FinanceNews
South African Tycoon Johann Rupert Overtakes Aliko Dangote as Africa’s Wealthiest, According to Latest Forbes Ranking
South Africa’s Johann Rupert and his family have claimed the title of Africa’s top billionaires, surpassing Nigeria’s Aliko Dangote, as per the latest...
FinanceNews
“Real Economic Thinking is not Happening” – Kingsley Moghalu
In a recent post on his X page, former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has expressed grave...
FinanceNews
Former Ogun State Governor Urges Taxation of Mansion Owners to Boost State Revenue
Former Governor of Ogun State, Olusegun Osoba, has advocated for the taxation of mansion owners in states across the country, specifically mentioning Ogun...
BusinessFinanceNews
CBN Issues Guidelines on Banking Relations with Virtual Assets Service Providers
The Central Bank of Nigeria (CBN) has released comprehensive guidelines outlining the operations of bank accounts for Virtual Assets Service Providers (VASPs). This...
FinanceNews
Nigerian Billionaires Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga Experience $9.3 Billion Wealth Decline in 2023 Amid Naira Devaluation
In 2023, the combined wealth of Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga declined by $9.3 billion, marking a 33.9% decrease to $18.1...
BusinessFinance
Euromoney Awards Zenith Best Bank for Digital Solutions
Zenith Bank Plc has been awarded the “Best Bank for Digital Solutions in Nigeria” at the 2023 Euromoney Awards for Excellence while highlighting...
FinanceNews
Current Economic Challenges Are Not New to Nigerians
In a recent statement by the presidency’s special adviser on information and strategy, he attributed the current economic challenges facing Nigeria to pre-existing...
FinanceNewsPolitics
Emefiele Regains Freedom, After Meeting N300M Bail
The former Governor of the Central Bank of Nigeria, Godwin Emefiele, was reportedly released on Friday at the Kuje Correctional Centre after meeting...
FinanceNews
UK Court Arraigns Former First Bank Director for Bribery
The arraignment is a result of an investigation by the National Crime Agency. The agency believes Mr Adetunji violated his company’s code of...
BusinessFinanceNews
FRC Collaborates with EFCC to Establish MoU
Following the recent development of the Federal Reporting Council Of Nigeria (FRC) signing into law the amendment in its ongoing efforts to promote...