The International Monetary Fund (IMF) stated that Nigeria needs to unify its multiple exchange rates if its digital currency, eNaira, is to have an impact on...
The founder of Stanbic IBTC, Atedo Peterside, has outlined how two bad policies from President Muhammadu Buhari destroys businesses, and one of his company became a...
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has criticised parents requesting for foreign exchange to send their children to study in junior...
Change, they say is constant, and First Bank Nigeria (FBN) Holdings seems to be ripe for one, as the lender’s management continues to drag the company...
Mark Zuckerberg’s introductory video for Meta, the brand name Facebook parent firm changed into, has been mocked by the government of Iceland in a marketing video...
The capital market declined slightly by 0.05 percent, as the Nigerian bourse free fall continues from last week. The decline costed shareholders N11.83 billion, as the...
Conoil investors lost 14.9 percent of their investments in the oil giants after a report emerged on November 6 that the company’s facility in Bayelsa State...
The Nigerian capital market over-performed this week as investors traded 1.471 billion shares worth N20.941billion in 20,410 deals. This was in contrast to the 1.428 billion...
Losses in the capital market continued on Friday, as sell off sank Nigerian bourse by 0.68 percent, partly erasing the gains from earlier this week. It...
The First City Monument Bank (FCMB) has joined other financial institutions (OFIs) in ignoring a Federal High Court ruling against closure of cryptocurrency-linked accounts. FCMB labelled...
The bitcoin community is facing an epic battle to save their investment as Nigerian banks such as Zenith Bank, are shutting down accounts believed to be...
Shareholders in the Nigerian capital market lost about N20 billion following the drop in their total investment by 0.05 percent on Wednesday. Consequently, the market capitalization...
Following reports that Wema Bank is planning to enter into a merger process, the lender has denied taking such step to boost its competitiveness in the...
The faceoff between Zenith Bank and the Chairman of Seplat, Ambrose (A.B.C) Orjiako, has taken a different turn with the lender demanding the repayment of $78.4million...
In a space of two years, three Fintech markets in Nigeria have experienced the wrath of both State and Federal governments, with only one surviving the...
Shareholders at the Nigerian capital market gained N643.13 billion following a 2.93 percent rise in equity capitalization at the close of business on Monday. The equity...
Bitcoin on Monday surged closer to its all-time high of $66,975 achieved in October. This came just as a report emerged that the Zimbabwean government is...
U.K investor, Stanbic Africa Holding Limited, has moved to tighten its control in Stanbic IBTC, following the share acquisition by investment banker, Atedo Peterside – as...
There are different types of small businesses in University of Lagos (Unilag), from cafe, to restaurant, mom and pop store, and then there’s bedspace sellers. The...
Total trading for this week ended with investors trading 1.428 billion shares worth N12.373 billion in 23,987 deals. This is against the 3.001 billion shares valued...
The Nigerian capital market rebounded from two days consecutive losses to hand shareholders N36.88 billion at the close of trading on Friday. This followed the rise...
MTN Nigeria and Airtel have both secured approval in principle for Payment Service Bank (PSB) license from the Central Bank of Nigeria (CBN) – but this...
The first three paychecks of New York mayor, Eric Adams, will be in bitcoin, as the politician expands the reach of cryptocurrency from the private sector...
Two major telecommunication companies in the country, Airtel and MTN Nigeria have been granted licenses to operate as Payment Service Banks (PSB) within Nigeria. Both companies...
Agent banking is the new money making machine for Nigerian commercial banks, as the lenders balance improving financial inclusion and increasing turnover. The Central Bank of...
The Nigerian stock market trading losses continued on Thursday following the crash in equity capitalization by 0.07 percent at the close of the day’s business. The...
Atedo Peterside, through his investment firm, SITL The First ANAP Domestic Trust, has conducted an insider dealing to tighten his position in Stanbic IBTC – but...
The total networth of Chief Executive Officers (CEOs) heading Nigerian-owned companies, which are the top five most capitalised firms, rose by 2.59 percent in the month...
Investors at the Nigerian stock market lost N19.8 billion as the bourse stuck between the bears and the bulls at the close of trading on Wednesday....
Investors of Sterling Bank lost 2.66 percent of their total investment at the lender same day reports circulated that its former manager, Oliver Anidiobi, was convicted...
Founders of Squid Game inspired cryptocurrency, which bears the same name, have defrauded its investors of $3.38 million, as the asset’s value crashed to $0 this...
Eterna Plc is now under new management after seven substantial investors sold their stake in the oil and gas firm to Preline Limited. Ripples Nigeria had...
The Nigerian stock market rebounded from Monday’s loss with investors pocketing N19.10 billion at the close of trading today (Tuesday). This followed the rise in equity...
Revenue growth from alcohol and drink consumption rose by over 53.8 percent in Q3 2021 according to Ripples Nigeria analysis, as Nigerians spent over N194.04 billion...
It seems First Bank’s attempt to douse the chaos around the lender in the capital market failed to sway investors confidence following the leadership tussle between...
Mark Zuckerberg fell two places on the Bloomberg billionaire index in October, as he’s set to end the month as seventh richest man after changing Facebook’s...
Investment into the stock market improved this week, as investors parted with N34.547 billion to trade 3.001 billion shares in 25,932 deals. This is in contrast...
Soko Loan Lending company, a quick credit startup, in Nigeria is on the verge of a shutdown months after the National Information Technology Development Agency (NITDA)...
Following a transformation of Guaranty Trust Bank business structure at the start of H2 2021, Segun Agbaje became the Group Chief Executive Officer of Guaranty Trust...
The Group Managing Director of First Bank Nigeria Holdings, Urum Kalu (U.K) Eke, has resigned from his position before the end of his tenure amid a...
Adenikinju Festus, one of the members of the Monetary Policy Committee of the Central Bank of Nigeria (CBN) moved for the increase of MPR, while asking...
The Central Bank of Nigeria (CBN) has warned Nigerians against conversing with a fake eNaira Twitter handle, @enaira_cbdc, stating that the financial regulator is not on...
First Bank Nigeria Holdings has weighed into the leadership tussle between Tunde Hassan-Odukale and Femi Otedola, following a take over attempt witnessed in H2 this year....
Ethereum is on course to surpass it’s all time high by 16.7 percent in Q4 2021, as 50 fintech specialists have projected ether will break the...
Zenith Bank Group Managing Director, Ebenezer Onyeagwu, has called for the regulation of the financial technology market, stating that there’s too much excitement in the Fintech...
Former Governor of the Central Bank of Nigeria (CBN) Sanusi Lamido, has called for the removal of fuel and electricity subsidies in favour of sectors that...
Investors at the Nigerian stock market pocketed N10billion at the close of trading on Tuesday. This followed the rise in the equity capitalization to N21.82 trillion...
Two weeks after acquiring African Banking Corporation of Botswana Limited (BancABC Botswana), Herbert Wigwe’s Access Bank is about to acquire another Bank from depressed Atlas Mara....
Four hours after President Muhammadu Buhari launched the digital currency, eNaira App, Nigerians are having problems signing into the Central Bank of Nigeria (CBN) digital currency...
In a bid to curb the growing acceptance of cryptocurrency against fiat, and its influence in the financial asset class, governments are weighing central bank digital...