US seeks 36 months’ jail for Binance founder Zhao
U.S. prosecutors have recommended a 36-month prison sentence for Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange.…
Day: April 24, 2024
UBA, Access, and FBN lead banks in electronic banking revenue increase
United Bank for Africa (UBA) Plc, Access Holdings Plc, and FBN Holdings Plc emerged as the top earners in electronic…
Wale Bolorunduro appointed as new Chairman of LivingTrust Mortgage bank
LivingTrust Mortgage Bank, a Nigerian financial company, has named Wale Bolorunduro as its new chairman, starting from April 19, 2024.…
Transcorp Power welcomes Tuedor-Matthews, Odita as directors
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has named Faith Tuedor-Matthews and Charles Odita as independent…
Leadway Pensure reposts 25% growth in revenue
Leadway Pensure, a pension fund administrator in Nigeria, has wrapped up the 2023 financial year with impressive results, boasting a…
Taiwan happy with US aid package, China objects to arms sales
Taiwan’s President Tsai Ing-wen expressed happiness over the U.S. Congress passing a significant foreign aid package, which includes arms support…
U.S. senate votes to ban TikTok if chinese owner doesn’t sell in 9 months
The U.S. Senate has overwhelmingly passed a bill to ban TikTok in the United States if its Chinese owner, ByteDance,…
Indonesia cenbank says China’s Alipay+ yet to request permit
Filianingsih Hendarta, deputy governor of Indonesia’s central bank, announced on Wednesday that Chinese firm Ant Group’s Alipay+ has not submitted…
$2.1bn reserve depletion: CBN sold only $581m to market — Report
Nigeria’s external reserves have decreased by $2.16 billion over the past month, reaching a seven-year low of $32.29 billion on…
Nestle Nigeria’s Fixed Assets Revalued At N305.4bn
Following foreign exchange losses in 2023 due to the naira depreciation, Nestlé Nigeria PLC has conducted a strategic revaluation of…
Dangote Refinery slashes diesel, aviation fuel prices to N940 and N980 respectively
Yesterday, the $20 billion Dangote Petroleum Refinery announced further reductions in the prices of diesel and aviation fuel to N940…