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Category: Economy

Business Economy Features

Expanding Footprint – Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon

Iheanyi Ejiofor January 10, 2025 No Comments #FirstBank #Footprints

Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to…

Read More Expanding Footprint – Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon
Business Economy headline

US to return $52.88 mln in assets forfeited by Diezani Alison-Madueke

Iheanyi Ejiofor January 10, 2025 No Comments #Diezani Alison-Madueke #forfeiture #US

Nigeria and the United States signed an agreement on Friday to repatriate about $52.88 million in assets forfeited by former Nigerian oil minister Diezani Alison-Madueke and her associates. The agreement…

Read More US to return $52.88 mln in assets forfeited by Diezani Alison-Madueke
Business Economy headline

Telecoms tariff will be increased says Communications minister

Iheanyi Ejiofor January 8, 2025 No Comments #Telecoms #Tariff #Bosun Tijani

Our reporter/ The minister of communications, innovation, and digital economy, Bosun Tijani says telecoms tariff will be increased – but not by 100 percent. Speaking at a stakeholders’ meeting on…

Read More Telecoms tariff will be increased says Communications minister
Business Economy headline

Aggrieved disengaged staff sue CBN, demand ₦30bn compensation

Iheanyi Ejiofor January 7, 2025 No Comments #CBN

Disengaged staff members of the Central Bank of Nigeria who were relieved of their jobs in a mass layoff last year have dragged the bank before the National Industrial Court…

Read More Aggrieved disengaged staff sue CBN, demand ₦30bn compensation
Business Economy headline

SEC to crack down on ponzi schemes in 2025

Iheanyi Ejiofor January 6, 2025 No Comments #SEC #Security and Exchange Commission #Ponzi scheme

The Securities and Exchange Commission (SEC) says it will intensify efforts to eliminate Ponzi and pyramid schemes, thereby fostering an environment for genuine investment opportunities to thrive in 2025. Dr…

Read More SEC to crack down on ponzi schemes in 2025

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