Massive Fraud Rocks First Bank Nigeria: Over 100 Employees Sacked, Accounts Frozen
In a shocking turn of events, First Bank Nigeria, one of the country's leading financial institutions, has been rocked by a massive fraud scandal....
Q2 2024: Jumia Faces Revenue Loss
Africa’s leading e-commerce platform, Jumia, has reported a significant operating loss of $20.2 million for the second quarter of 2024, marking a 17% decline...
Unity Bank, Providus Bank Combine Operations
The Central Bank of Nigeria (CBN) has given the go-ahead for Unity Bank and Providus Bank to merge. This decision is part of the...
OpenAI in Legal Battle with Elon Musk
Elon Musk has reignited a legal battle against OpenAI, alleging that its co-founders, including Sam Altman and Greg Brockman, have deviated from the original...
Graduates Benefit from Nestlé Nigeria Technical Training Program
Nestlé Nigeria Plc has announced that it will offer full-time employment to ten graduates from its Nestlé Technical Training Centre (NTTC) in Agbara. This...
Dr. Austin Okpagu Joins VertoFX as Nigeria Manager
VertoFX, a global leader in financial technology, has announced the appointment of Dr. Austin Okpagu as its first Country Manager for Nigeria. This strategic...
African Entrepreneurs Secure $420 Million in Funding
African tech startups received a significant boost in funding during July 2024, raising $420 million. This is the highest monthly total so far this...
Nigerian Youths to Benefit from Meristem’s Financial Literacy Initiative
Meristem Securities Limited has launched an initiative aimed at empowering young Nigerians with essential skills and knowledge for success in business and investment. The...
CBN Backs Unity-Providus Merger to Bolster Financial Stability
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...
Stock Markets Fall Worldwide
Global stock markets experienced a significant downturn on Monday as fears of a looming recession in the United States sent shockwaves through financial markets...