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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...
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...