Nigeria’s headline inflation rate rises to 34.80% in December 2024
The headline inflation rate in Nigeria experienced a slight increase, reaching 34.80% in December 2024, as reported by the National...
Fintech startup LemFi announces $53 million Series B Round
Remittance-focused fintech startup LemFi has announced a significant capital raise of $53 million in a Series B funding round, aimed...
FirstBank issues press release explaining why they froze General Hyrdrocarbons Ltd account
FirstBank has issued a press release addressing its ongoing legal and commercial dispute with General Hydrocarbons Limited (GHL), shedding light...
Bitcoin falls below $92,000 one week before Trump’s inauguration
Bitcoin has continued its decline just one week before the inauguration of President-elect Donald Trump, falling below $92,000.
GSK enters agreement to acquire IDRx for $1.15 Billion to strengthen cancer portfolio
UK pharmaceutical giant GSK has confirmed that it has signed an agreement to acquire the privately-held biotechnology company IDRx.
NGX alerts public to suspected fraudulent impersonator
The Nigerian Exchange Limited (NGX) has issued a public advisory regarding a suspected impersonator falsely claiming to be the Chief...
Tinubu meets FBN Holdings chairman Otedola in Abu Dhabi amid legal dispute
Nigerian President Bola Ahmed Tinubu arrived in Abu Dhabi on Sunday and promptly met with Femi Otedola, the chairman of...
CBN launches new accounts to attract Nigerian diaspora investments
The Central Bank of Nigeria (CBN) has launched two new financial products, the Non-Resident Nigerian Ordinary Account (NRNOA) and the...
Sudan introduces new banknotes to revive war-torn economy
The Sudanese government, in an effort to stabilize its crumbling economy, has introduced new banknotes and compelled the largely unbanked...
Trump faces conviction over hush money payments to porn star
US President-elect Donald Trump is facing sentencing for covering up hush money payments to a porn star.
