finance

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Aisha Maina’s Game-Changing Afreximbank-Backed $40M Port Deal Sparks Caribbean-Africa Trade Revolution

August 5, 2025
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Business, finance, Gemini

Nigerian entrepreneur Aisha Maina secures Afreximbank-backed USD 40 million St Kitts port investment and leads a separate Caribbean trade mission across Grenada, Jamaica and Trinidad

Aisha Maina, Managing Director of Aquarian Consult and founder of Gemini Integrated Commodities, has completed an intensive week of engagements that unite policy, private capital and hard infrastructure around...

July 17, 2025
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finance, ECONOMY

CBN Injects $4.1bn to Stabilize Naira Amid Reserve Decline: Sustainability in Question

The Central Bank of Nigeria (CBN) injected a total of $4.1bn into the foreign exchange market in the first half of 2025, a move aimed at stabilising the naira...

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...