Reading Time: 2 minutes The crisis is growing deeper at the startup Better.com, which is stuck in a public relations nightmare after CEO Vishal Garg brutally axed 900 workers…
View More CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec’s
Reading Time: 2 minutes The Nigeria Deposit Insurance Corporation, NDIC, said that 99.4 per cent of bank accounts contain less than N500,000 Maximum Insured Limit (MIL) of the Nigeria…
View More About 99.4% Of Bank Accounts Contain Less Than N500,000 – NDIC Discloses
Reading Time: 2 minutes Soko Loan Lending company, a quick credit startup, in Nigeria is on the verge of a shutdown months after the National Information Technology Development Agency…
View More Startup Company Set To Shutdown, After Paying ₦10 Million NITDA Fine
Reading Time: < 1 minutes FBN Holdings Plc has reacted to media reports that billionaire businessman, Mr Femi Otedola, has acquired a significant shareholding in the company. The holding company…
View More We’re Not Aware Of Otedola’s Share Acquisitions – FBN Holdings
Reading Time: 2 minutes The Nigerian National Petroleum Corporation (NNPC) in the last seven months spent over N816billion in subsidising the cost of Petroleum Motor Spirit (PMS) for Nigerians,…
View More Fuel Subsidy Hits N816bn In Seven Months
Reading Time: < 1 minutes Bitcoin is on the rise again. According to reports, Bitcoin has gained $257.58bn in market capitalisation in the first 11 days of October. BTC closed…
View More Bitcoin Gains $257.58bn In 11 Days, Price Tops $57,000
Reading Time: 4 minutes Aiteo Eastern Exploration and Production Company Limited has instituted a legal action against Shell Petroleum Development Company of Nigeria, seeking the sum of over $2.5…
View More Aiteo Slams $2.5bn Suit Against Shell Over Sale Of OML 29
Reading Time: 2 minutes Nigeria’s apex bank, the Central Bank of Nigeria has announced the postponement of the launch of the country’s digital currency, eNaira. The bank had earlier…
View More CBN Postpones eNaira Launch
Reading Time: 2 minutes Access Bank Plc yesterday announced its successful launch of a $500 million 144A/RegS Senior Unsecured Eurobond, as part of its Global Medium-Term Note Programme. According…
View More Access Bank Successfully Launches $500m Eurobond
Reading Time: 6 minutes The President of the Dangote Group, Mr. Aliko Dangote, explains why he jettisoned the easy way of making money from buying and selling of commodities…
View More Why I Left Trading For Manufacturing – Dangote