While the Central Bank of Nigeria (CBN) believes that cryptocurrency should be restricted because of the risks involved in its trading, Clem Ikanade Agba, Nigeria’s Minister of State, Budget and National Planning, says that Nigeria should look beyond the risk in crypto assets, stating that apex bank should put in place regulations to control it … Read more
With the latest Forbes magazine net worth of Alhaji Aliko Dangote valued at $10.8 billion, the 10 time Africa’s richest Nigerian has been displaced by a South African billionaire Johann Rupert to the second position in the Africa’s richest list. Before the latest update of Dangote’s net worth, he was richer than the combined Gross … Read more
Unlike today when a local government chairman can buy property in Dubai, UK, and anywhere he chooses to, it wasn’t like that in the 60s and 70s, the story was different in the 1970s And according to Ebun Oyagbola, Nigeria’s first female minister, public service was purely for service to humanity and “your community. Full … Read more
For someone like me who has been following the practical economic track records of Charles Soludo, the Governor of the industrial state of Anambra, I can’t express how happy I was when he clinched his party ticket and rode to win the Saturday, November 9, 2021 guber election. He assumed office as Anambra State governor … Read more
Until the Economic and Financial Crimes Commission (EFCC) released a public statement Wednesday, October 27, 2021, that it would be auctioning some properties linked to Nigeria’s former Minister of Petroleum Resources, most people never knew there was a lady’s bra as expensive as $12.5 million. For your information….$12.5million is NGN7,000,000,000 at the parallel market at … Read more
On October 2, 2023, Diezani Alison-Madueke, appeared before the Westminster Magistrates Court in the United Kingdom over an alleged £100,000 bribe. Her latest trial in far away UK since 2015 means that Nigeria’s anti-graft agency – EFCC – still has its eyes on her for extradition to face corruption charges back home. Takeaways: This article … Read more
Nigeria’s economy is wallowing in internal and external debts worth trillions of Naira, while the executive and the lawmaking arms are plundering the revenue, yet they are desperately in searching of means of paying off the debts and means of funding country’s 2022 budget. But a member of the House of Representatives at the National … Read more
From being a private equity lawyer to a philanthropist without borders, Efe Ukala isn’t a woman you would find dolling out cash to anyone that comes her way. Rather, she travels across Africa with her team at ImpactHER to discover and identify women who have sound business ideas, support them morally, emotionally, technically, psychologically, and … Read more
On September 24,2021, eToro, a global multi-asset investment platform, announced the launching of a Decentralized Finance (DeFi) portfolio that put financial services on the blockchain. Since its founding in 2007, the innovations by the socio-crypto trading platform has been outstanding, the question we don’t always ask is: who is the brain behind the success stories of … Read more
As the CBN Governor, Godwin Emefiele operated 593 foreign bank accounts, consented to the withdrawal of over $6 million from the Forex vault of the CBN, and stashed over £543 million in one of his accounts domiciled in the United Kingdom among other financial malfeasance levelled against him by the special investigator of his reign … Read more