The spectacular crash in Elon Musk’s net worth, during which the tech billionaire lost his title as world’s richest man last month, has been the “worst...
Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis...
Equities on the Lagos bourse edged higher today as the benchmark index advanced by 0.62% to close at 52,048.85 points, the highest point since 21 July 2022....
(Reuters) -Crypto exchange FTX has recovered more than $5 billion but the extent of customer losses in its collapse is still unknown, an attorney for the...
(Reuters) – Sweden’s central bank expects to report a loss of 81 billion Swedish crowns ($7.72 billion) for 2022 due primarily to higher market interest rates,...
The Lagos bourse rebounded after yesterday’s pullback as the benchmark Index gained 0.55% to close at 51,729.87 points. Gains in index heavyweight, BUACEMENT (+3.59%) alongside Tier-1...
Two former employees of Access Bank Plc named Agbo John Agama and Edoh Steve have been jailed after they used a primed automated teller machine (ATM)...
Today, Nigerian equities erased most of yesterday’s gains as the benchmark index shed 0.49% to close at 51,448.53 points. The market’s loss was primarily driven by the decline...
Britain’s financial watchdog has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds ($9.3 million) for what it said were further failures in...
The Stock Market opened this Week on a positive note as the benchmark index advanced by 0.93% to close at 51,700.36 points. Sustained interest in AIRTELAFRI (+5.16%) alongside...
Zenith Bank is the latest Nigeria bank to suspend international transactions on Naira cards. Zenith Bank in a note to customer said “Dear Valued Customer, please...
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media was unnecessary. The Director-General, Mrs...
The Nigeria Financial Intelligence Unit (NFIU) has warned the public and private entities against massive cash withdrawals. The Director and Chief Executive Officer of the agency,...
The Economic and Financial Crimes Commission has said that it secured a total of3,785 convictions across all its Commands in 2022. According to a statement by EFCC...
President Muhammadu Buhari has urged the National Assembly to reconsider its position on his proposal to securitise the Federal Government’s outstanding Ways and Means balance at...