The Central Bank of Nigeria (CBN) has declared Zuldal Microfinance Bank Limited (Zuldal MFB) illegal, cautioning…
Category: Business
Shettima Applauds ETG’s Multi-Million-Dollar Investments, Assures Support for Nigeria’s Agricultural Growth
Vice President Kashim Shettima has commended the Export Trading Group (ETG) for its multi-million-dollar investment portfolio…
Nigerian Market Slows as Investors Pull Back After Massive ₦7 Trillion Drop
Nigeria’s stock market is losing steam after months of strong gains, with renewed selling pressure dragging…
Google Launches AI Skilling Blueprint for African Governments
Google has unveiled an AI Skilling Blueprint aimed at helping African governments develop coordinated strategies to…
Nigeria Moves to Tax Virtual Currencies Under New Fiscal Reform Framework
Nigeria’s revamped tax reform agenda will place virtual currencies—including cryptocurrencies—under the nation’s tax net, marking a…
NGX Records ₦31.1 Billion in Trades as Index Slips 1.28%
The Nigerian Exchange (NGX) opened the week with robust trading activity as investors transacted 388.2 million…
Dangote Sugar Announces Major Leadership Change as Aliko Dangote Steps Down
Dangote Sugar Refinery Plc has announced a significant leadership transition as its founder and Africa’s foremost…
World Bank Launches Blockchain Platform “FundsChain” to Boost Project Transparency
The World Bank has introduced FundsChain, a blockchain-based platform designed to improve how development funds are…
Nigeria’s Foreign Reserves Hit $46.7 Billion, Highest in Seven Years
The Central Bank of Nigeria (CBN) reported that the country’s foreign exchange reserves have reached US…
Aradel Sees ₦21.4 Billion Trades as Cement Sector Selloff Sends Market Down 1.26%
The Nigerian stock market experienced a sharp decline on Monday, with the benchmark All-Share Index (ASI)…