The Central Bank of Nigeria (CBN) has intensified its efforts to tackle the illegal trade of naira notes, imposing a hefty fine of ₦150 million on Deposit Money Banks (DMBs)…
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Business
High Interest Rates and Weak Naira to Sustain Trade Surplus and Capital Inflows Through Early 2025 – Analysts
by admin
Economic analysts project that Nigeria’s trade surplus and foreign portfolio investment (FPI) inflows will persist into Q4 2024 and early 2025, driven by the weakened Naira, robust global demand for…
Business
UBA Donates N500 Million to Lagos State Security Trust Fund, Strengthening Efforts to Combat Crime
by admin
In a significant move aimed at bolstering security in Lagos State, United Bank for Africa (UBA) has donated a generous sum of N500 million to the Lagos State Security Trust…
The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate surged to 34.60% in November 2024, reflecting a 0.72 percentage-point increase compared to 33.88% in October 2024. This…
Business
Discover Top 4 Meme Coin Presales to Buy This Week – BTFD Coin, Bittensor (TAO), Arbitrum (ARB), and Gala in Focus
by Joshua Ezim
The cryptocurrency space is buzzing with excitement, and meme coins are no longer just a joke they’re quickly becoming serious investments. As the market evolves, presales are gaining massive attention,…
Business
Moniepoint CEO’s 500-Vacancy Crisis Exposes Nigeria’s Deepest Tech Talent Problem as Dangote Plans 20,000MW Power Revolution
by admin
Nigeria’s technology and energy sectors converged in a single dramatic week of business headlines, producing a debate that cuts to the core of the country’s economic future. Moniepoint CEO Tosin…
Vitafoam Nigeria PLC has announced a proposed dividend of N1.05 per share, totaling N1.375 billion. The dividend awaits approval at the company’s 63rd Annual General Meeting, scheduled for March 6,…
Introduction As the festive season approaches, Nigerians can breathe a sigh of relief with Dangote Petroleum Refinery’s latest announcement. In a remarkable move to ease transport costs during the Christmas…
Business
Qubetics Secures $7.9M with 2 Days Remaining for 10% Discount as Cardano Targets $6 and Immutable X Grows in NFTs – Must-Watch Altcoins This Month
by Joshua Ezim
The crypto world is buzzing with activity, and this month, some altcoins are catching all the attention. Qubetics has already raised $7.9 million, and its presale is wrapping up with…
Starting Small, Profiting Big: Top Businesses to Start in 2025 What if your dreams of a successful business didn’t need to start with a massive investment? Can you picture…