Nigerians Demand Scrutiny of Tinubu's Loan-Heavy Budget
Growing public pressure mounts on National Assembly to reject rubber-stamp approval of Tinubu administration's borrowing plans and ensure fiscal responsibility in 2025 budget.
Category : Search result: Fidelity Bank debt
Swiss Bank Profits Soar with Gold Price Surge
The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
AI Giants Accumulate Massive Debt in Tech Race
Major tech corporations are accumulating unprecedented debt to finance artificial intelligence development, creating both opportunities and risks for emerging markets like Nigeria.
Naira Surges: GTBank, UBA Cut Dollar Rates
Nigeria's currency surges against USD, reaching strongest level in months as major commercial banks reduce rates following EFEMs platform introduction.
Bank MD Jailed: 12-Year Sentence for N135M Fraud
A Nigerian High Court has convicted and sentenced a bank Managing Director to prison for misappropriating customer funds totaling N135 million in a landmark financial crime case.
Fake CBN Recruitment Scam: CDCIFB Warns Nigerians
CDCIFB alerts Nigerians about fraudulent recruitment messages falsely claiming to be from Central Bank. Learn how to spot these scams and protect yourself from financial fraud.
Zenith Bank's ₦140M Zecathon Empowers Nigerian Startups
Zenith Bank's groundbreaking Zecathon initiative offers ₦140 million in grants to Nigerian innovators and startups, driving technological advancement and economic growth across the nation.
Eurozone Growth Beats Expectations in Q1 2024
The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
Bank of Japan Maintains Zero Interest Rates
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
GTCO Records ₦900.8 Billion Profit in Q3 2024
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
KEDCO Starts $550M World Bank Metering Scheme
Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
Nigeria's Money Supply Drops 1.58% in September
CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.
Nigeria Manufacturers Face 51% Forex Shortage Crisis
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
DLM Funding SPV PLC Announces Major Capital Raise
DLM Funding SPV PLC reveals groundbreaking funding initiative with CBN approval, offering Nigerian investors access to high-yield debt securities through major stockbrokers.
OPay user's mistaken ₦30k transfer trends as 'Na I Go Rent'
A Nigerian OPay user's desperate plea for refund after sending money to wrong account trends online as 'Na I Go Rent' saga captures social media attention.
Nigeria Debt Crisis: Citizens Owe ₦100,000+ Each
Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.
Recover Money Sent to Wrong Bank Account in Nigeria
Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.
Woman Caught Swapping Elderly Man's ATM Card in Bank
A Nigerian woman was caught red-handed swapping an elderly man's ATM card during a banking transaction. CCTV footage exposed the theft attempt at a commercial bank in Nigeria.
Santander Bank Posts Record €11.1 Billion Profit
Spanish banking giant Santander reports historic €11.1 billion profit for 2023, driven by strong European and American markets. See how this impacts global banking.
Access Holdings Buys National Bank of Kenya for ₦179B
Nigerian financial giant Access Holdings PLC has finalized a historic acquisition of National Bank of Kenya, marking one of Africa's largest cross-border banking transactions worth ₦179 billion.
FG, World Bank Train 300 Youths in Fisheries
In a groundbreaking initiative, the Federal Government partners with World Bank to equip 300 young Nigerians with modern aquaculture skills, creating new opportunities in fisheries and agriculture sectors.
Deutsche Bank Posts Record €5.7 Billion Profit
Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.
Man Accuses Regina Daniels of Unpaid Debt, Sparks Drama
A Nigerian man's public claim of unpaid debt involving actress Regina Daniels has gone viral, with the man providing updates and netizens divided in their reactions.
Court Freezes Nestoil Assets in $1B Debt Case
Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.
Lady Shows Massive OPay Balance - Goes Viral!
A young Nigerian woman has set social media ablaze after proudly displaying her impressive OPay bank account balance online, sparking massive reactions and financial envy across platforms.
Man begs Regina Daniels to settle car service debt
A Nigerian man's desperate plea to actress Regina Daniels to pay outstanding car service debt goes viral, sparking reactions across social media platforms.
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