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CBEX Ponzi Scheme Rakes Nigerians of over N1.3trn after crash

CBEX Ponzi Scheme Rakes Nigerians of over N1.3trn after crash

By Victor Akan Scores of Nigerians have lost over N1.3 trillion to a digital investment platform, CBEX, following its sudden…
The richest female shareholders on the Nigerian Stock Market 2025 Q1

The richest female shareholders on the Nigerian Stock Market 2025 Q1

As Nigeria’s capital market closed the first quarter of 2025 on a bullish note, a number of influential women stood…
AfDB approves $100m for Nigerian Youth Entrepreneurship Investment Bank

AfDB approves $100m for Nigerian Youth Entrepreneurship Investment Bank

By Emmanuel Afonne The African Development Bank (AfDB) says it has approved $100 million for the establishment of the Nigerian…
Inflation unexpectedly cools as consumers brace for Trump tariffs

Inflation unexpectedly cools as consumers brace for Trump tariffs

Consumer prices unexpectedly eased last month despite growing concern about the re-emergence of inflation sparked by President Donald Trump’s trade…
We’ve disbursed $50bn into Nigeria in last decade – Afreximbank

We’ve disbursed $50bn into Nigeria in last decade – Afreximbank

The African Export-Import Bank (Afreximbank) says it has disbursed 50 billion Dollars into various sectors of  Nigeria in the last…
Nigeria’s external debt servicing hits $1.08 billion in Q4 2024 – DMO 

Nigeria’s external debt servicing hits $1.08 billion in Q4 2024 – DMO 

Nigeria’s external debt service obligations surged to $1.08 billion in Q4 2024, representing a significant rise from the previous quarter.…
Stock market declines by N659bn

Stock market declines by N659bn

The stock market opened the week on a negative note, with performance indices showing mixed results. Specifically, the Nigerian Exchange…
Tariffs: Bitcoin drops below $75,000

Tariffs: Bitcoin drops below $75,000

Bitcoin has fallen as much as 12% in the past day, falling below the $75,000 threshold. The development comes amid…
FG acknowledges 14% tariff imposed on Nigerian export by U.S Govt

FG acknowledges 14% tariff imposed on Nigerian export by U.S Govt

By Victor Akan The Federal Government has acknowledged the recent tariff measures announced by the U.S. Government, including imposing a…
TotalEnergies declares N27bn profit for 2024

TotalEnergies declares N27bn profit for 2024

By Victor Akan TotalEnergies Marketing Nigeria Plc says it generated N27 billion as profit for the financial year ended Dec.…
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