Finance
Ethiopian bank publishes 567 names left, after 78% recovery of funds lost to technical glitch
The largest commercial bank of Ethiopia has recovered nearly 80% of its funds lost to the recent technical glitch on March 16, the...
VNV Global Slashes Value of Wasoko Holding by 48% Amidst Planned Merger with MaxAB
Swedish investment firm VNV Global, known for supporting startups in various sectors including mobility, health, and marketplaces, has reduced the value of its...
MTN Group Agrees to Sell Guinea-Bissau and Guinea-Conakry Interests to Telecel
MTN Group, Africa’s leading network operator by subscriber base, has agreed to an undisclosed offer from Telecel, a telecommunications service focused on Africa,...
Just In: CBN Again Raises Interest Rate to 24.75%
The Central Bank of Nigeria (CBN) has raised its benchmark interest rate, known as the Monetary Policy Rate (MPR), to 4.75%. This marks...
Those wanting the Naira at N400 to a dollar are living in a dream world – Moghalu
Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has warned against the illusion of a stable exchange rate for the...
Osun Monarch Urges Rich Nigerians to Empty Dollar Accounts Like He Did
The Oluwo of Owo, Oba Abdulrosheed Akanbi, has urged wealthy Nigerians to demonstrate patriotism by selling their dollars. According to the monarch, the...
Fintech Collaboration: DRC Government and Industry Players Join Forces for Financial Inclusion
Multiple fintech companies in the Democratic Republic of Congo (DRC) are teaming up with the government to establish the Congolese Fintech Network (CFN),...
Ten Nigerian Banks Breaking Barriers: Female CEOs Leading the Way
In a notable stride towards gender diversity and leadership empowerment, ten Nigerian banks are currently spearheaded by female CEOs. These women are breaking...
Buy Made-in-Nigeria Goods to Strengthen Naira – Tinubu tells Nigerians
President Bola Tinubu, in a statement delivered on Friday by his Special Adviser on Media and Publicity, Ajuri Ngelale, urged Nigerians to support...
Apple’s Market Value Drops by $113 Billion Amid Regulatory Pressures
Apple, under the leadership of Tim Cook, faced a significant setback as its market valuation plummeted by $113 billion on Thursday, reflecting an...
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,...
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...