Fidelity_Nasir
- Financial Analysis
- August 27, 2024
- 30 views
The SEC charges two brothers in a $60 million Ponzi scheme.
Kindly share this to othersThe Securities and Exchange Commission (SEC) has filed charges against Jonathan Adam and Tanner Adam for orchestrating a $60 million Ponzi scheme that defrauded over 80…
- Financial Analysis
- August 9, 2024
- 41 views
How long will the recession last?
Kindly share this to othersHow 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, engulfing…
- Financial Analysis
- July 11, 2024
- 26 views
Cost of Living Crisis: Nigeria Ranked 5th Hardest Hit Country in Africa
Kindly share this to othersNigeria Ranked 5th Hardest Hit African Country by Cost of Living Crisis Nigeria has been ranked as the fifth hardest-hit African country by the global cost-of-living…
- Cryptos , Financial Analysis
- July 8, 2024
- 25 views
How Lagos Transforms the Poor into Mega Millionaires
Kindly share this to othersIn Lagos, dreams become reality. Servants rise to become masters, and vagrants transform into homeowners, often within a few years or even months. Zion Orubebe left…
Elijah Idowu
- Financial Analysis
- June 27, 2024
- 25 views
CBN secures N284.26 billion from investors seeking high yields in recent T-Bills auction
Kindly share this to othersThe Central Bank of Nigeria (CBN) successfully raised N284.26 billion from investors keen on high yields during its latest Nigerian Treasury Bills (NTBs) auction held on…
- Financial Analysis
- May 31, 2024
- 25 views
Naira closes volatile May at N1,485.99/$1 on official market
Kindly share this to others After two days of notable depreciation in a week marked by significant volatility in the foreign exchange market, the naira exhibited signs of stabilization, closing…
- Financial Analysis , Markets
- May 24, 2024
- 22 views
Top Nigerian banks’ foreign subsidiaries report N628 billion in profits for 2023
Kindly share this to others The foreign subsidiaries of four major Nigerian banking groups, Zenith Bank, GTCO Holdings, Access Holdings, and UBA, reported a pre-tax profit of N628 billion for…
- Financial Analysis
- May 22, 2024
- 24 views
Restrictions on opening new accounts with Opay, Moniepoint, and other similar services are set to last for several months.
Kindly share this to othersThe Central Bank of Nigeria (CBN) has revealed that its restriction on fintech companies onboarding new customers may last for several months. In April, the CBN…
- Financial Analysis , Markets
- May 17, 2024
- 26 views
Money Supply drops for the first time in 2024, likely due to CBN’s increased Interest Rates.
Kindly share this to othersFor the first time this year, Nigeria’s money supply has experienced a significant drop, closely linked to the Central Bank of Nigeria’s (CBN) recent hike in…
- Financial Analysis
- May 13, 2024
- 25 views
CBN to shift N5.5 trillion development finance to DFIs, private banks
Kindly share this to othersThe Central Bank of Nigeria (CBN) is set to undergo significant restructuring, intending to shift approximately N5.5 trillion in development finance activities to a combination of…
