Category: Business
EFCC on N1.3trn CBEX Probe: Nigerians Were Warned About Ponzi Schemes
Amid growing concerns over the alleged fraud perpetrated by a digital investment platform, CryptoBank Exchange (CBEX), which reportedly led to the loss of N1.3tn belonging [more…]
Lagos Shuts Down 13 Markets for Illegal Waste Disposal – Full List
In an effort to promote environmental cleanliness and safeguard public health, the Lagos State Government has sealed 13 markets across the state for persistent [more…]
China Slaps 125% Tariffs On US Goods
This illustration photograph shows a screen displaying a stock market index graphs and the word “Tariffs” written in the colours of the US flag, in [more…]
Youths Need Capital, Not ₦10,000 Handouts – AfDB’s Adesina on ‘Japa’ Trend
FILE: AfDB’s chief Akinwumi Adesina The President of the African Development Bank (AfDB), Akinwumi Adesina, says Africa’s youth bulge is a demographic asset that [more…]
U.S. Criticizes Nigeria’s Import Ban on 25 Products, Citing Trade Violations”
Nigeria’s import ban on 25 different product categories impacts U.S. exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods, the United States Trade Representative [more…]
Diamond Bank Founder Pascal Dozie Dies, Tinubu Pays Tribute
FILE: Pascal Dozie Founder of the defunct Diamond Bank Plc, Pascal Dozie, is dead. He died on Tuesday, April 8, 2025 at the age [more…]
CBN Sells $198 Million Amid Falling Oil Prices to Stabilize Naira
Photo illustration of Olayemi Cardoso with naira and dollar notes. Crude oil prices have weakened, declining by over 12% to approximately $65.50 per barrel, [more…]
Saudi Stocks Take 5-Year Record Fall After US Tariffs
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on April 4, 2025. (Photo by TIMOTHY A. CLARY [more…]
Wema Bank Reports Audited FY 2024 Results: Profit Before Tax Surges 135% to ₦102.5bn; Proposes ₦1.00 Dividend; Launches ₦150bn Rights Issue in April 2025
Wema Bank Nigeria has published its audited Consolidated Financial Statements for the year ended December 31, 2024, submitting the report to the Nigerian Exchange Group [more…]
Wema Bank Empowers 131 Women with ₦11 Million in 5 for 5 Promo
Strengthening its reputation as a pro-women and inclusion-focused institution, Wema Bank—Nigeria’s leading innovative bank and the pioneer of Africa’s first fully digital bank, ALAT—has awarded [more…]
