finance

Louisa Olaniyi Business Network > Blog > finance

May 22, 2025
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finance

How Automated Payments Can Reshape Savings Beyond Local Cooperatives

In the bustling market of Bodija in Ibadan, you’ll find Mama Fola sitting under her umbrella stall, a ledger open beside her cooler of peppered ponmo and egusi. She’s...

Moniepoint: Africa’s Fastest-Growing Fintech

May 19, 2025
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FINTECH, finance

AFRICA’S LEADING FINTECH – MONIEPOINT – RANKED BY THE FINANCIAL TIMES AS ONE OF AFRICA’S FASTEST GROWING COMPANIES, FOR THE THIRD CONSECUTIVE YEAR

World’s leading financial publication reiterates Moniepoint’s rapid growth and impact Moniepoint Inc announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the...

May 17, 2025
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finance, ECONOMY

Naira Ends Week Strong Amid Renewed Investor Confidence and CBN Liquidity Moves

The Naira ended the trading week on a positive note, recording a bullish close on Friday at the official foreign exchange market. It appreciated N1,598.72 against the U.S. Dollar,...

Unity Bank unveils GenFi, a gamified banking app empowering kids and teens (8–18) with financial literacy, smart saving habits, and parental guidance tools.

May 5, 2025
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ECONOMY, finance

Unity Bank Launches GenFi, Targets Children, Teens with Gamified Banking Platform

In a bold move to redefine promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and...

Hackers Steal N9.3bn: Court Orders Banks to Return Stolen Funds Immediately

April 24, 2025
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CYBERCRIME, finance, Judiciary

Court Orders 54 Banks to Return N9.3bn Stolen by Hackers

Justice Deinde Dipeolu of the Federal High Court in Lagos has ordered 54 banks to immediately return a total of N9,329,322,870 fraudulently transferred by hackers from an unnamed old...

OPay Empowers Students with N1.2bn Scholarship

April 23, 2025
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finance, Education, Opay

OPay Extends N1.2bn Scholarship Initiative to Empower University of Ilorin Students

In a move to empower Nigeria’s youths, OPay, one of the nation’s leading financial institutions, has extended its N1.2bn 10-year scholarship initiative to students of the University of Ilorin....

SEC Warns Influencers: New ISA 2025 Law Targets Unregistered Investment Schemes

April 21, 2025
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finance, SEC

SEC Cracks Down on Influencers Promoting Unregistered Investment Schemes Under New ISA 2025 Law

The Securities and Exchange Commission has warned influencers, bloggers, and celebrities to desist from promoting unregistered investment schemes or risk legal consequences. In a statement made available to our...

April 16, 2025
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finance, EFCC, fraud, Investment, Ponzi Scheme

CryptoBank Exchange (CBEX): The Rise, Collapse, and Consequences of Nigeria’s Latest Ponzi Scheme

In April 2025, Nigeria was shaken by the collapse of another large-scale financial scam—CryptoBank Exchange (CBEX)—an online investment platform that allegedly defrauded thousands of investors of approximately ₦1.3 trillion or...

April 15, 2025
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Investment, finance, Ponzi Scheme

CBEX Crisis: Can Nigerians Still Withdraw Their Funds? Here’s What You Need to Know

Nigerians on several social media platforms have begun to count their losses as a digital asset trading platform popularly known as CBEX reportedly swept over N1.3 trillion from their...

April 15, 2025
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finance, Investment

Chaos in Ibadan: Angry Investors Loots CBEX Office After Digital Trading Platform Collapse Leaves Users with Empty Accounts

A group of angry individuals stormed the CBEX office located in the Oke Ado area of Ibadan, Oyo State, on Monday, looting furniture and other items after the digital...