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Financial Analysis

The SEC charges two brothers in a $60 million Ponzi scheme.

The Securities and Exchange Commission (SEC) has filed charges against Jonathan Adam and Tanner Adam for orchestrating a $60 million Ponzi scheme that defrauded...

How long will the recession last?

How long will the recession last? Key factors and market impact The world economy has currently plunged into recession, which has caused a sector-wide effect,...
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Cost of Living Crisis: Nigeria Ranked 5th Hardest Hit Country in Africa

Nigeria Ranked 5th Hardest Hit African Country by Cost of Living Crisis Nigeria has been ranked as the fifth hardest-hit...

How Lagos Transforms the Poor into Mega Millionaires

In Lagos, dreams become reality. Servants rise to become masters, and vagrants transform into homeowners, often within a few...

CBN secures N284.26 billion from investors seeking high yields in recent T-Bills auction

The Central Bank of Nigeria (CBN) successfully raised N284.26 billion from investors keen on high yields during its latest...

Naira closes volatile May at N1,485.99/$1 on official market

After two days of notable depreciation in a week marked by significant volatility in the foreign exchange market, the...

Top Nigerian banks’ foreign subsidiaries report N628 billion in profits for 2023

The foreign subsidiaries of four major Nigerian banking groups, Zenith Bank, GTCO Holdings, Access Holdings, and UBA, reported a...

Restrictions on opening new accounts with Opay, Moniepoint, and other similar services are set to last for several months.

The Central Bank of Nigeria (CBN) has revealed that its restriction on fintech companies onboarding new customers may last...