The founder of Binance, Changpeng Zhao, on Friday, said the cryptocurrency exchange had recovered some funds stolen by North Korean hackers, the Lazarus Group. Zhao revealed...
Lafarge Africa revenue was up 26.7% in the first quarter of 2022, however, despite improved turnover, production cost burdened the company’s earnings between January to March...
The Nigerian stock market extended its bullish run on Thursday with the equity capitalisation rising by 0.17 percent at the close of the day’s trading. Consequently,...
The Central Bank of Nigeria (CBN) on Thursday revealed the cause of the inferno that gutted its office in Makurdi, Benue State. Parts of the CBN...
Sterling Bank has appointed Olusola Oworu, the former Independent Director at First Bank of Nigeria (FBN), who was also the former Special Adviser on Commerce &...
MTN Nigeria Chief Risk and Compliance Officer, Cyril Ilok, has resigned a month after female employees in the telecommunications company alleged that he uses his position...
The International Monetary Fund (IMF) has said rising private debt would slow economic recovery in Nigeria and across the world, stating vulnerable households and firms might...
About a week after insider trading accusation, sexual harassment allegation and deceit in establishment of Flutterwave were made against him, Olugbenga Agboola has finally reacted. Agboola...
Nigerian Fintech startup, Kuda, has faulted 24-year-old Point of Sales (PoS) operator, Olakunle AbdulGafar, for the harassment he faced in the hands of some officers of...
The Federal Competitor and Consumer Protection Commission (FCCPC) on Wednesday waded into the arrest of a National Youth Service Corps (NYSC) member, Olakunle AbdulGafar, for an...
A UAE-based digital marketplace, QiDZ, has announced closing an undisclosed investment from the Cairo Angels Syndicate Fund (CASF). The Founder and CEO of QiDZ, Simona Agolini,...
Netflix reported a disappointing first quarter earnings after failing to surpass its 2021 Q1 net income this year, with the company informing shareholders that its revenue...
Investors at the Nigerian stock market went home with N19.1 billion after the bourse resumed from the Easter break on Tuesday. This followed the rise in...
Kuda, a Fintech startup, on Tuesday ordered the police to arrest one of its account holders, Olakunle AbdulGafar, for asking why his account was blocked. The...
C&I Leasing Plc and Universal Insurance Plc have announced their inability to meet the deadline for 2021 Audited Annual and First Quarter Financial Statements submission. According...
The founder of Microstrategy, Michael Saylor, says persons who thought bitcoin was too good to be true are nearly nonexistent, days after holding a poll on...
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has been caught in the faceoff between Twitter board and world’s richest man, Elon Musk....
Advertising Practitioners Council of Nigeria (APCON) on Monday threatened to sanction Sterling Bank over the controversial Easter advert to mark the Easter celebration. The lender had...
Shareholders’ investment in Dangote Cement grew by 2.37% after four days of trading this week while its market competitor, BUA Cement, didn’t offer its investors much...
Flutterwave co-founder, Iyinoluwa Aboyeji, said he was horrified by the allegations against the current Chief Executive Officer of the African unicorn, Olugbenga Agboola, a day after...
The managing director and Chief Executive Officer of Abbey Mortgage Bank, Madu Hamman, has resigned from his position, and has been replaced by the board of...
Saudi Arabia’s investment vehicle, Kingdom Holding Company (KHC), has rejected the Twitter takeover offer from world’s richest man, Elon Musk, days after largest shareholder, Vanguard Group,...
Nigeria’s Securities and Exchange Commission (SEC) has remained mute to the insider trading allegations made against Flutterwave co-founder and Chief Executive Officer, Olugbenga Agboola. Ripples Nigeria...
Vanguard Group, an asset manager, has become the largest stakeholder in Twitter, displacing Elon Musk, amid the ownership tussle involving the world’s richest man and Twitter...
An interview conducted by former Flutterwave Chief Executive Officer, Iyinoluwa Aboyeji, in 2021, has contradicted his claim that there wasn’t any disagreement leading to his exit...
Elon Musk has threatened to withdraw his shareholder position in Twitter if the board doesn’t accept his offer to acquire 100% of the microblogging site, as...
Sina Estavi, an Iranian-born crypto entrepreneur, is in a dilemma following a disappointing non-fungible token (NFT) auction, which has fallen below his expectation and that of...
The former Chief Executive Officer of Flutterwave, Iyinoluwa Aboyeji, has addressed allegations trailing the current CEO and co-founder of the African unicorn, Olugbenga Agboola. Responding on...
Founder of movie streamer, IrokoTV, Jason Nkoku, has said funds raised by Nigerian tech startups need to be scrutinised following the allegations made against Flutterwave co-founder,...
The General Manager for Shell Energy Nigeria, Markus Hector, has asked that the Federal Government implement the Petroleum Industry Act (PIA), which was suspended in January...
Flutterwave co-founder and Chief Executive Officer, Olugbenga Agboola, who was formerly an employee of Access Bank has dragged the lender into series of allegations. Agboola was...
The founder of Twitter, Jack Dorsey, has fault the U.S financial system, stating that America’s currency affects countries like Nigeria, where foreign goods and services are...
PricewaterhouseCoopers (PwC) has disclosed that person to business (P2B) dealings accounted for 90 percent of transactions on eNaira platform, as of December 2021, as it topped...
Twitter has began to experience the effect of having billionaire, Elon Musk, as one of its investors, as the microblogging site reported the Tesla founder will...
Amid poor financial return by the management of Niger Insurance, the company risks losing its operational license as National Insurance Commission (NAICOM) demands answers. NAICOM wrote...
Stockholders’ total investment in the Nigerian capital market was up 0.18 percent on Friday as the bourse rebounded from previous losses. After eight hours of trading...
Two of the three largest companies in Nigeria’s capital market, MTN Nigeria and Dangote Cement, are heading to the stock market to raise funds for their...
The Central Bank of Nigeria (CBN) has sanctioned Guaranty Trust Bank (GTBank), Access Bank, United Bank for Africa (UBA), and Stanbic IBTC for foreign exchange infractions....
The Central Bank of Nigeria (CBN) has fined First City Monument Bank (FCMB), Wema Bank and Fidelity Bank over N514.28 million for enabling cryptocurrency transactions among...
The interest rate forbearance given to individuals and businesses seeking loan from the Central Bank of Nigeria (CBN) has been extended by the financial regulator –...
MTN Nigeria has announced that users with unregistered SIM cards won’t be the only subscribers prevented from making calls on its network, as telcos implement a...
The subtle confrontation between the two richest men on earth, Jeff Bezos and Elon Musk, may have nosedived into a proxy battle, as Washington Post, owned...
Tesla founder, Elon Musk, has been appointed into the board of microblogging company, Twitter, after acquiring the largest shares in the firm for $2.4 billion on...
The co-founder of Flutterwave, Iyinoluwa Aboyeji, has reacted to the harassment allegations made by Clara Wanjiku Odero, former employee of the firm, against the current Chief...
The world’s richest man, Elon Musk, made N5.27 trillion in eight hours after acquiring a majority stake in the microblogging platform, Twitter. The South African had...
The Nigerian capital market opened trading with a loss of N83.56 billion on Monday following the crash in equity capitalization by 0.33 percent at the close...
Stanbic IBTC management have proposed the shareholders of the firm be paid N2 as final dividend for the period ended December 31, 2021, amid the company’s...
In 2018, the cofounder of cryptocurrency firm, Quadriga CX, Gerald William Cotten, died nine days into his honeymoon, taking along the password to the company’s account...
Telecommunications companies are mulling increasing tariffs amid rising cost of diesel and worsening insecurity across their operational locations within Nigeria. The network providers under the umbrella...
Market capitalisation jumped 0.13 percent on Thursday, settling at N25.31 trillion, above the previous day’s N25.27 trillion. This resulted into N32.87 billion gain in shareholders total...