Meeting between Blockchain industry and SEC Director General rescheduled
A meeting planned between key players in the blockchain industry and the Director General of the Securities and Exchange Commission,…
Day: May 6, 2024
Naira in circulation reaches N3.87 trillion
The amount of money in circulation in Nigeria has reached N3.87 trillion by the end of March, as per data…
Zenith Bank’s total assets increases to N24.28 trillion in Q4
Zenith Bank Plc has experienced a significant increase in its total assets, rising by 19.21% to N24.28 trillion in the…
FMBN adopts performance management system for workers
The Federal Mortgage Bank of Nigeria (FMBN) has introduced a performance management system to assess the performance of its employees,…
Equity market bounces back with weekly gain of N812 Billion
After experiencing a downturn of N3.54 trillion in April, the Nigerian equity market saw its first weekly gain, amounting to…
Transcorp plans share capital reduction
Transnational Corporation Plc has announced plans to reduce its number of shares through a share capital reconstruction, aiming to enhance…
DRC President praises Russia and China for transparent partnerships
Democratic Republic of Congo (DRC) President Felix Tshisekedi has lauded Russia and China for their transparent and straightforward partnerships with…
Paramount Global in talks with Sony, Apollo over acquisition
Paramount Global has initiated negotiations with Sony and Apollo Global Management for potential acquisition deals. This move follows significant setbacks…
Dependents from Nigeria to UK increased from 1,500 to 52,000 in 2 years — British High Commissioner
Richard Montgomery, the British High Commissioner to Nigeria in an interview with the News Agency of Nigeria (NAN) in Abuja,…
NDLEA smashes international drug syndicate, seizes suitcases of ‘loud’ in MMIA, Lagos
The National Drug Law Enforcement Agency (NDLEA) successfully dismantled an international drug syndicate operating in Nigeria, South Africa, and Thailand.…
Israel to shutdown Al Jazeera news network in country amid war with Gaza
Israel’s Prime Minister, Benjamin Netanyahu, announced that his Cabinet decided unanimously to close Al Jazeera’s operations in Israel. This decision…
Pension fund assets marginally decrease to N19.669 Trillion in March
Data from the National Pension Commission (PenCom) revealed that Nigeria’s pension fund assets dropped marginally to N19.669 trillion for the…
Cyberattacks: Ransomware payments globally surge by 500% in 2023—Report
A recent report from cybersecurity firm Sophos revealed a significant increase in ransom payments by companies globally affected by ransomware,…