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“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...

Euromoney Awards Zenith Best Bank for Digital Solutions
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...

FRC Collaborates with EFCC to Establish MoU
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...

Emefiele "Ways and Means" Reveals Financial Misappropriation in CBN
FinanceNews

Emefiele “Ways and Means” Reveals Financial Misappropriation in CBN

A five-month investigation led by Jim Obazee, CBN Special Investigator appointed by the President of Nigeria, into investigating former Governor of the Central...

BusinessFinanceNewsTechnology

MTN’s Stellar Ambitions: Bridging Connectivity Gaps with LEO Satellites

In a bold move to enhance network coverage to 95% of the population across its operating countries, MTN is engaging in discussions with...

FAAC Shares N1.088trn to Federal, States & LGs
FinanceNews

FAAC: Shares N1.088trn with Federal, States & LGs

All tiers of government rely on funds from the federation account to fund development projects. According to Section 165 of the Federal Republic...