Who is Adebayo Ogunlesi, the Nigerian who charmed BlackRock?
Adebayo Ogunlesi, the banker originally from Nigeria’s Ogun State shook up Wall Street in mid-January by selling his infrastructure investment firm to the American...
Over 91 million bank accounts at risk of deactivation as CBN’s BVN/NIN deadline expires
As the March 1 deadline set by the Central Bank of Nigeria (CBN) for the linkage of bank accounts with either the Bank Verification...
BUA Cement records 27.4% revenue growth of N460bn despite N70bn FX loss
BUA Cement released its audited financial statements for the full year 2023, revealing robust revenue growth of over 27 percent, totaling N460 billion. This...
FX Crisis: MTN reports N740 Billion Loss, Shareholder funds wiped Out
MTN Nigeria Plc has announced a significant loss before tax of N177.8 billion, a stark contrast to the pre-tax profit of N518.8 billion recorded...
NSA Ribadu arrests two Binance executives in Abuja, demands list of Nigerians on global...
Nuhu Ribadu, the national security adviser, has detained two executives of the Binance crypto exchange platform and confiscated their international passports, the Financial Times...
Breaking: CBN raises interest rate to 22.75% to tackle rising inflation
The Central Bank of Nigeria (CBN) has raised the monetary policy rate, known as the interest rate, by 400 basis points to 22.75 percent...
Akpabio points finger at Emefiele for economic woes
Nigeria’s Senate President, Godswill Akpabio, has pointed blame at Godwin Emefiele, former governor of the Central Bank, for the current economic challenges and hardship...
NARTO pause heighten fuel scarcity concerns
Nigeria is once again bracing itself for a potential fuel scarcity crisis with the Nigerian Association of Road Transport Owners (NARTO) announcing its intention...
Access Holdings appoints Bolaji Agbede as Acting CEO
Access Holdings Plc on Monday announced the appointment of Bolaji Agbede as the Acting Group Chief Executive Officer (GCEO) of the holding company.
The appointment follows the...
Cost-of-Living Crisis in Nigeria: IMF Raises Concerns
Cost-of-living crisis in Nigeria deepens as the IMF warns of mounting challenges.
With growing anxieties, the International Monetary Fund (IMF) has cautioned about the exacerbating...
