Finance

BusinessFinance

Nigeria’s Booming Stock Market: Investor Boon Or Fool’s Gold?

‍In the eight months since President Bola Tinubu assumed office, Nigeria’s stock market has witnessed remarkable growth. In January 2024, it emerged the...

BusinessFinance

Femi Otedola Invests N6 Billion in Dangote Cement, Stock Surges

Billionaire investor Femi Otedola has made significant moves in the stock market by acquiring shares worth N6 billion in Dangote Cement, a leading...

FinanceNews

Emefiele pleads not guilty to 20-count amended charge

Former Governor of the Central Bank (CBN), Godwin Emefiele, has pleaded not guilty to the 20-count amended charge by the Economic and Financial...

BusinessFinance

Access Corporation Ventures into Standalone Digital Lending with Oxygen X

Access Corporation, the parent company of Nigeria’s leading bank, is set to launch Oxygen X, a dedicated consumer lending subsidiary aimed at providing...

FinanceNews

Peter Obi Criticizes N3billion Allocated for Verification of National Social Register

Peter Obi, the presidential candidate of the Labour Party in the 2023 general elections, has expressed dismay over the N3 billion allocated for...

FinanceNews

Atiku Criticizes NNPC’s Refinery Privatization Approach

Former Vice President Atiku Abubakar has criticized the Nigerian National Petroleum Corporation’s (NNPC) approach to privatizing the recently rehabilitated refinery, calling for transparency...

BusinessFinance

South Africa’s Pioneer, Patrice Motsepe, Witnesses $400 Million Surge in Wealth

South African entrepreneur Patrice Motsepe, Africa’s first black billionaire, has experienced a notable financial boost with a $400 million increase in wealth over...

BusinessFinance

Nigerian Business Luminary Adebayo Ogunlesi’s GIP Snagged by BlackRock in $12.5B Deal

In 2016, Adebayo Ogunlesi gained international recognition when then U.S. President-elect Donald Trump appointed him to the “President’s Strategic and Policy Forum.” Fast...

BusinessFinance

Transmission Company of Nigeria’s CEO Accused of Procurement Violations Worth Billions

The Managing Director and CEO of the Transmission Company of Nigeria (TCN), Engr. Sule Ahmed Abdulaziz allegedly violated the Public Procurement Act of...

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...