The FTX scandal is going down and it’s pulling down a lot of people along with it. FTX founder and CEO Sam Bankman-Fried misused investors' money and now could be facing jail time and a federa...
It was a rocky year for the stock market all around the world and Nigeria's economy suffered a lot more than the rest of the western countries. Nigeria was hit by high inflation due to the reopening o...
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Nigeria has announced the launch of a $672 million fund to support the country's tech and creative sectors, targeting young investors aged 15 to 35 who struggle to raise capital in the nation. Th...
It would not be an exaggeration to raise 70 hearty cheers in the name of Mike Adenuga, one of the most prominent business Moguls in Nigeria and even in Africa as a whole, as he celebrates his 70th bir...
Starting a business can be a challenging but rewarding experience. Many entrepreneurs often turn to loans as a way to finance their business ventures, but is this always a good idea?In the current e...
The Nigerian currency has been in a state of flux since the redesign of the Naira notes by the Central Bank of Nigeria (CBN). The policy, which aimed to enhance the security features of the country's ...
FCMB Group Plc, a leading financial services group in Nigeria, was established in 1977 and became a public limited liability company in 2004. The Group has its headquarters in Lagos and a presence in ...
At the ceremony commemorating the inauguration of the Dangote refinery in Lagos, Godwin Emefiele, the President of the Central Bank of Nigeria, revealed that the refinery's operations would exert a su...
What is Cash CrunchA cash Crunch is synonymous with a lack of cash or an absence of liquidity.It is when individuals or organizations don't have enough cash at hand to meet their financial obligations...
The National Identity Management Commission (NIMC) has recently released data revealing a significant rise in enrolment for the National Identification Number (NIN) in Nigeria. As of June 26, 2023, th...