Showing posts with the label FinanceShow all
CBN Proposes N1500 ATM Card Fee, Experts Kick Against Hike
The Central Bank's proposal to raise ATM card fees to N1,500 has sparked debate over consumer welfare and financial inclusion. The Central Bank of Nigeria …
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Lowest Interest Loan Apps In Nigeria 2026: Top 10
Looking for the lowest interest loan apps in Nigeria for 2026? Here are the top 10 approved platforms with cheap rates and fast payout. Getting a quick loan i…
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Tinubu Reshuffles Cabinet, Replaces Finance Minister Edun
President Tinubu reshuffles his cabinet, replacing Finance Minister Wale Edun with Taiwo Oyedele in a new governance move. President Bola Tinubu has given the …
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AfDB Supports Nigeria’s Fibre Project with $200m Loan
Nigeria secures a $200 million AfDB loan to deploy 90,000km of fibre optic cables across the 774 local government areas. The African Development Bank (AfDB) ha…
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Warren Buffett Cuts Ties With Bill Gates Amid Epstein Scandal
A cessation of contact with Bill Gates was confirmed by Warren Buffett today. The billionaire cited ongoing concerns over the Epstein scandal. Legendary invest…
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Nigeria Takes Global Lead in Dollar Stablecoin Ownership
Nigeria has outpaced major economies to top global rankings for stablecoin ownership, as citizens turn to digital dollars for economic shelter. Nigeria has sec…
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How Crypto Cards Work for Everyday Payments
Crypto cards are changing how we use digital money, making everyday spending easier for holders of virtual assets. Digital currencies are no longer just for sp…
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CBN Recapitalisation: 30 Banks Meet Target Before Deadline
Nigeria’s banking sector sees a major boost as 30 banks meet the CBN’s capital requirements ahead of the March deadline The race to beat the Central Bank of Ni…
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Bitcoin Falls Below $64k as Iran Conflict Shakes Markets
The Bitcoin price has plunged below $64,000 as investors dump risky assets following military strikes on Iran. The global cryptocurrency market took a massive …
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MTN Group Set to Acquire IHS Towers in $6.2 Billion Deal
Telecom giant MTN Group is set to buy IHS Towers in a massive $6.2 billion deal to boost African digital infrastructure. In a massive shake-up of Africa’s tele…
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Naira Hits Best Official Rate Since 2024 After ₦11.93 Gain
The Naira exchange rate recorded a major win today, strengthening to ₦1,354.26 at the official window. Nigeria’s Naira kicked off the trading week on a strong …
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Lagos Budget Backlash as N135m Spent on 20 Office Chairs
Residents demand answers as the Lagos State budget reveals N135m spent on 20 office chairs amidst rising costs. Questions are being asked about how the Lagos S…
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NGX Surges: N1.105trn Gains as Market Tops N110trn
The Nigerian Exchange (NGX) closed the week on a high note on Friday as investors logged gains totaling N1.105 trillion and market capitalisation climbed past…
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FG, States, and LGAs Share ₦1.969 Trillion FAAC Revenue
Nigeria’s three tiers of government shared ₦1.969 trillion in FAAC revenue for December 2025, marking a steady rise. The Federation Account Allocation Committe…
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Apple iPhone Sales Hit Record High in Strong Q1 Results
Apple records its best-ever iPhone quarter as strong demand in China and India drives global sales growth. Apple has reported a strong first quarter, led by r…
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Uzoma Dozie Explains Why He Sold Diamond Bank for Sparkle
Uzoma Dozie shares why he exited Diamond Bank to build Sparkle, a tech-first platform reshaping Nigeria’s banking future. Uzoma Dozie, Nigerian banker and tech…
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Nigerian Stock Market Rebounds, Investors Gain N74bn
Nigerian stock market rebounds as investors gain N74bn, supported by selective buying despite more decliners. The Nigerian stock market recovered on Friday, re…
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Sequoia Capital Joins Major Funding Round for Anthropic
Sequoia Capital is backing Anthropic in a major AI deal, marking a rare move that places it across competing artificial intelligence firms. Sequoia Capital is …
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Global Billionaires Hit Record 3,000 in 2025 — Oxfam
Global billionaires have reached a record 3,000 in 2025, highlighting widening inequality and growing influence over politics and economies. The number of bill…
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Nigerian Banks That Have Scaled the New CBN Recapitalisation Hurdle
In March 2024, the Central Bank of Nigeria (CBN) introduced new minimum capital requirements, giving banks until March 31, 2026, to meet the target. The move …
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