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The Reasons Digitization in Financial Sector in Nigeria may suffer setbacks!

By Oladotun F. Olumuyiwa For some times now, the Nigeria lawmakers have raised an indicting case against Binance- a globally recognised, crypto platform. Since then, it has been all over…

Nigerian Lawmakers to issue arrest warrants for Binance executives after refusal to honour invite!

Nigerian lawmakers may issue arrest warrants for Binance executives following the refusal of Richard Teng, the Managing Director, to honor the invitation by a House of Representatives Committee session. Chairman…

MTN Nigeria Plc announces pre-tax loss of N177.8 billion!

MTN Nigeria Plc has announced a pre-tax loss of N177.8 billion, citing a significant foreign currency loss of N740 billion, a stark contrast to the previous year’s N518.8 billion profit,…

CBN Corruption Allegations: Audit report reveals $4.5Bn missing from Nigeria’s Foreign Reserves between 2018 & 2019

A recent audit report from the Office of the Auditor-General of the Federation (OAuGF), has revealed an amount totaling $4.5 billion cannot be explained in Nigeria’s Foreign Reserves during the…

Naira Woes: CBN Finds new Solution, Discovers $2.4bn False Forex Claims!

The Central Bank of Nigeria (CBN) has finally found a solution to Naira woes after discovering $2.4bn False Forex Claims. Governor of the CBN, Mr. Olayemi Cardoso, said about $2.4…

“Nigeria will fund its $1.9 trillion energy transition using fossil fuel revenues” – Minister of Petroleum

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that despite calls to jettison investment in fossil fuels, Nigeria will deploy the revenues from exploiting its…

Banking: Unity Bank Grows Gross Earning to 27.5Bn in H1′ 2023!

Retail lender, Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42 billion recorded in H1’22 in its Half-Year unaudited financial statement…

Banking the Unbanked: A Dive into Financial Inclusion for rural Women, Girls By Fransica Chigozie Iweh

By Fransica Chigozie Iweh In advocating for Banking Financial opportunities and inclusion for rural women, the federal government can play a crucial role in helping women living in the rural…

PAN Loses Over N6Billion over CBN Cashless Policy!

The Poultry Association of Nigeria’s (PAN) FCT Chapter has reported a loss of N6 billion over CBN’s cashless policy, fuel subsidy removal, and various other factors. Hon. Musa Hakeem, the…

Mayor of Houston Texas endorses Fidelity Bank’s Trade Expo (FITCC)

Fidelity Bank’s upcoming trade expo tagged, the Fidelity International Trade and Creative Connect (FITCC Houston), has received a major boost as the Mayor, City of Houston, Sylvester Turner, has termed…