Category: Business
Wema Bank at 80: Celebrating Impact, Embracing the Future …A Legacy of Progress, A Vision for More
Wema Bank, Nigeria’s leading innovator in banking and the trailblazer behind Africa’s first fully digital bank, ALAT, proudly celebrated its remarkable 80th anniversary on Friday, [more…]
AfDB Pledges $650 Million Annually to Support Nigeria’s Economic Transformation”
The African Development Bank (AfDB) has approved a new five-year Country Strategy Paper for Nigeria (2025–2030), committing approximately $650 million each year to support the [more…]
CBN Updates Documentation Guidelines for PAPSS Transactions
The Central Bank of Nigeria (CBN) has announced a major revision of the documentation guidelines for transactions carried out via the Pan-African Payment and Settlement [more…]
Court Dismisses Emefiele’s Case Over 753 Forfeited Abuja Duplexes and Apartments
On Monday, the Federal Capital Territory (FCT) High Court in Apo, Abuja, dismissed an application by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, [more…]
Corruption Hinders Trade and Investment Growth in Nigeria — US Report
The United States government has stated that corruption continues to pose a major obstacle to trade and investment in Nigeria. In its latest 2025 [more…]
Court Grants Warrant for Arrest, Detention of Six CEBEX Promoters
Justice Emeka Nwite of the Federal High Court in Abuja has approved the Economic and Financial Crimes Commission’s (EFCC) request to arrest and detain six [more…]
Countdown Begins As Wema Bank Turns 80 in Just 8 Days
LAGOS April 24- All roads will lead to Lagos on May 2, 2025, as Wema Bank—Nigeria’s oldest indigenous bank and the trailblazer behind Africa’s first [more…]
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…]