Business
Nigerian Crypto Community Applauds Proposed Jail Term Bill for Ponzi Scheme Operators
Nigeria’s cryptocurrency community welcomes the Bill proposing jail terms and fines for Ponzi scheme operators
18 November 2024
Business
Business
Nigeria’s External Debt Hits $42.9bn in Q2 2024 Amid Rising Naira Devaluation
Nigeria’s external debt reached $42.9bn in Q2 2024, rising +2% QoQ and reflecting the naira’s 13% depreciation.
16 November 2024
Business
UBA to Raise N239.4 Billion via Rights Issue to Strengthen Operations
UBA moves for recapitalization and expansion of business operations via offering of rights issue to new and existing shareholders
15 November 2024
Business
Access Holdings Acquires Majority Stake in Mauritius-Based Afrasia Bank Limited
Access Holdings Plc, parent of Access Bank, has acquired a majority stake in Afrasia Bank Limited, Mauritius, enhancing its trade finance capabilities
14 November 2024
Business
Manufacturers Boost Investments by 30% Despite Economic Challenges
Major manufacturers in Nigeria, including Dangote and BUA, have raised investments by 30% in H1 2024 amid economic recovery
13 November 2024
Business
Nigeria’s Inflation Expected to Rise to 33.29% in October Amid Currency Pressures
NBS is set to release Nigeria’s October inflation data, with projections indicating a rise to 33.29% as Exchange rate fluctuations continues
12 November 2024
Business
Bitcoin Surges to All-Time High of $81,000
Bitcoin reaches a record All-Time High of $81,000 with a market capitalization of $1.6 trillion, driven by Donald Trump’s pro-crypto stance
11 November 2024
Business
FirstBank Fintech Summit 6.0: “Banking on Partnerships” to Unleash Innovation and Collaboration in Financial Technology
Join FirstBank’s 6th Annual Fintech Summit on November 13-14, 2024, a hybrid event themed “Banking on Partnerships.”
10 November 2024
Business
Access Bank UK Limited Expands Global Reach with New Hong Kong Branch
Access Bank UK Limited opens a branch in Hong Kong, marking a milestone as the first West African bank to enter Asia’s financial hub
9 November 2024
Business
Global Scam Losses Surpass $1 Trillion, Affecting Consumer Confidence Worldwide – GASA Reports
GASA and Feedzai reveal in their 2024 report that global scam losses exceed $1 trillion, impacting economies and mental health.
8 November 2024
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