Browsing Tag
Finance
36 posts
SK Hynix Secures $26.5 Billion in Historic US Share Listing
South Korean chip manufacturer SK Hynix has completed a record-breaking $26.5bn US share listing, reflecting intense investor interest in the firm's role within the global artificial intelligence supply chain.
Cross River Farmers Criticize Bank of Agriculture Over Inaccessible Funding and Neglect
Farmers in Cross River State claim that the Bank of Agriculture is failing to support genuine producers, citing impossible application processes and a lack of government intervention.
Anambra Cooperative Federation Urges Creation of Development Fund
COFAS is advocating for a state-backed Cooperative Development Fund and a new three-year strategic plan to modernize operations, increase financial access, and overcome governance challenges for Anambra's cooperative societies.
NAICOM Urges Nigerian Insurers Association to Restore Public Confidence
NAICOM Commissioner Olusegun Ayo Omosehin has tasked the new NIA leadership with restoring public trust and expanding insurance penetration following recent legislative and capital reforms.
House of Representatives demands stricter oversight of financial channels to combat ransom payments
The House of Representatives has urged the government to tighten regulations on BDC and POS operators to cripple the financial networks funding kidnapping and terrorism in Nigeria.
Federal Government rejects accusations of N8 trillion in off-budget spending
Minister of Finance Taiwo Oyedele has denied reports that the government spent N8 trillion outside of authorized budgetary channels, calling the claims a misunderstanding of IMF findings.
Toke Makinwa Advocates for Dating Partners in Similar Financial Tiers
Nollywood actress Toke Makinwa suggests that dating within one's financial bracket reduces relationship friction and prevents the mistreatment of loyal partners following a rise in success.
Mastercard Report Finds 81% of Nigerian Small Businesses Optimistic About Future Growth
A new report from Mastercard indicates that 81% of Nigerian small business owners are optimistic about the upcoming year, fueled by a strong emphasis on digital payment adoption and strategic growth planning.
Nigeria Targets $1 Trillion Economy Through Enhanced Private Investment and Development Funding
Nigerian officials are calling for increased private capital and development financing to reach a $1 trillion economy, moving beyond reliance on annual national budgets.
Six Individuals and Three Firms Summoned Over Terrorism Funding Allegations
Security agencies have summoned six individuals and three companies linked to terrorism financing following designations by the Nigeria Sanctions Committee.