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finance
Following Cryptocurrency Trading Ban, Nigeria’s SEC Declares Bamboo, Risevest, Others As…
Months after Central Bank of Nigeria (CBN) banned cryptocurrency trading in the country, the country’s Securities and Exchange Commission (SEC) has warns Nigerians against Fintech platforms who facilitate trading on foreign stocks.
Read…
Kim Kardashian West Is Officially A Billionaire, Now Worth $1b
American socialite, Kim Kardashian West has officially earned herself a spot on Forbes’ World’s Billionaires List as she is now worth $1 billion.
The reality TV star and model has now followed in the footsteps of her younger sister Kylie…
5 Ways To Easily Detect Ponzi Schemes
Have you heard of some of these companies; MMM, Twinkas, Loom, Racksterli, iCharity Nigeria, Loopers Club, NNN Nigeria. Unfortunately, there is one thing these companies have in common: they are all Ponzi schemes.
The term, Ponzi Scheme,…
Nigerians Share Heartbreaking Experiences With Ponzi Schemes
A finance question posed by a financial analyst simply identified as Kalu Aja has spurred many Nigerians to share their heartbreaking experiences with various Ponzi schemes.
Ponzi scheme is a form of fraud that lures investors with…
Buhari Never Promised To Make One Naira Equal To One Dollar – Femi Adesina (Video)
Presidency has said there was never a time President Muhammadu Buhari promised to make one naira equivalent to one dollar.
Mr. Femi Adesina, Special Adviser to the President on Media and Publicity, said the claims suggesting that President…
Elon Musk Says Tesla Now Accepts Bitcoin As Payment For Cars
Tesla CEO, Elon Musk has late Tuesday announced that it is now possible to buy Tesla vehicles in the United States with bitcoin.
The announcement comes less than a month after the automaker revealed that it had bought $1.5 billion worth…
Ex-Google Employee, Dave Girouard Becomes Billionaire In 24 Hours
Forbes has announced Upstart Holdings’ co-founder and CEO, Dave Girouard, who is an ex-Google employee, as the latest tech expert to become a billionaire.
The company’s shares reportedly increased by a whopping 89% on a single day…
Twitter’s Jack Dorsey Sells First-Ever Tweet For $2.9 Million As An NFT
Twitter CEO, Jack Dorsey has sold his first-ever published tweet for $2.9 million dollars as an Non-Fungible Token (NFT) on Monday.
The tweet, which said, "just setting up my twttr," was published on March 21, 2006. It has been shared…
‘Kanye West Is Not Richest Black Person In America’ – Forbes Disputes His $6.6b Net Worth
American business magazine, Forbes has refuted reports that Kanye West is now the richest black man in America's history after his businesses were valued at $6.6 billion.
On Thursday, March 18, an American business and financial…
GTBank Releases 2020 Full Year Audited Results
Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to Nigerian and London Stock Exchanges.
A review of the result shows improved performance across all key financial metrics in the…
Few Years After Being In $53m Debt, Kanye West Becomes Richest Black Man In US History With $6.6…
Kanye West has become the single richest Black man in America’s history, as he is reportedly now worth over $6.6 billion.
A new report by Bloomberg examined the finances and business deals of Kanye West, and the…
Nigerian Payments Startup, Flutterwave Raises $170 Million, Now Valued At Over $1 Billion
Nigerian payments startup, Flutterwave has raised $170 million in a Series C funding round, the largest amount ever secured by an African tech startup.
Series C financing (also known as series C round or series C funding) is one of the…
Ngozi Okonjo-Iweala Makes Statement With Beautiful Ankara Dress As She Resumes As WTO DG Today…
Ngozi Okonjo-Iweala, the new director-general of the World Trade Organization — the first African and first woman to hold the post — has arrived at its Geneva headquarters for her first day on the job on Monday, March 1.
The 66-year-old…
Photo News: CBN/Bankers Committee Summit On Economy
Central Bank of Nigeria (CBN), chief executives of banks and other financial experts in Nigeria on Friday held a one-day Special Summit on how to overcome the pitfalls of recession and engender enduring national growth path.
Below…
Cryptocurrencies Should Be Regulated Not Banned – Vice President Osinbajo
Vice President, Yemi Osinbajo, has called for the regulation of cryptocurrency in Nigeria, as against the exclusion of the digital currency from the financial ecosystem in the country.
He said this at the one-day special summit of the…