Finance
NDIC Warns Against Wonder Banks, Ponzi Schemes
In a stern cautionary message delivered during the NDIC Special Day at the 2023 Lagos International Trade Fair, Bello Hassan, the Managing Director/Chief Executive of the Nigeria Deposit…
Finance
Finance
Aliko Dangote Announces Imminent Availability of Locally Refined Fuel from $19 Billion Refinery
Africa’s wealthiest individual, Aliko Dangote, revealed in an interview with Bloomberg during the Saudi-Nigeria business roundtable in Riyadh that fuel produced by his $19 billion refinery complex will…
Finance
Naira Shows Mixed Performance in Forex Markets
In a day of contrasting fortunes for the Nigerian naira, it depreciated to N1,180 per dollar in the parallel market, while appreciating in the Nigerian Foreign Exchange Market…
Finance
CBN Dismisses Cash Scarcity Rumors, Assures Availability of Currency Notes
The Central Bank of Nigeria (CBN) has addressed rumors of cash scarcity in the country and reassured Nigerians that it has an ample supply of currency notes to…
Finance
MTN Nigeria Appeals Tax Tribunal Ruling on $47.8 Million Unpaid Taxes
MTN Nigeria, the country’s leading telecommunications firm, is appealing a Tax Appeal Tribunal (TAT) decision that upheld its primary liability of $47.8 million in unpaid taxes for the…
Finance
New CAC Registrar-General Uncovers 189 Fake Companies Defrauding Nigerians
The new Registrar-General of the Corporate Affairs Commission (CAC), Hussaini Magaji, has revealed that he uncovered 189 fraudulent companies aimed at deceiving Nigerians within a week of taking…
Finance
Experts Emphasize Inclusive Agribusiness to Counter Rising Global Food Inflation
As global food price inflation continues to surge, experts are calling for investment in inclusive agribusiness solutions that empower small-scale producers and ensure a food-secure and resilient future.…
Finance
South Africa Predicted to Briefly Overtake Nigeria, Egypt as Africa’s Largest Economy in 2024
According to forecasts from the International Monetary Fund (IMF), South Africa is expected to temporarily surpass Nigeria and Egypt as the largest economy on the African continent in…
Finance
UBA Business Series: Financial Experts Emphasise Discipline, Consistency, as Tips for Wealth Management
Financial experts have advised Small and Medium Scale Enterprises (SMEs) owners and operators on essential tips that will help them create and manage their wealth successfully especially in…
Finance
UBA to Launch ‘Fighting Fraud Together’ Campaign to Protect Customers
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to commence a Fraud Awareness Week – an initiative aimed at empowering customers with knowledge and tools…