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SEC Warns Influencers, Celebrities Against Promoting Unregistered Investment Schemes

SEC Warns Influencers, Celebrities Against Promoting Unregistered Investment Schemes

by Favour Owonibi | Apr 21, 2025 | Business/Finance, NEWS, Security

The Securities and Exchange Commission (SEC) has warned influencers, bloggers, and celebrities to avoid promoting unregistered investment schemes or risk legal consequences. ‎ ‎In a statement made available to newsmen on Sunday, the warning followed the enactment of...
NNPC CEO Targets $30bn Energy Investment by 2027, $60bn by 2030

NNPC CEO Targets $30bn Energy Investment by 2027, $60bn by 2030

by Araga Peace | Apr 18, 2025 | Business/Finance, NEWS

Bayo Ojulari, the newly appointed Group CEO of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has set an ambitious goal of attracting $30 billion in investments into Nigeria’s energy sector by 2027, with a further target of $60 billion by 2030. This was...
Asian Markets Plunge as Trump’s Tariff Policy Sparks Global Economic Fears

Asian Markets Plunge as Trump’s Tariff Policy Sparks Global Economic Fears

by Favour Owonibi | Apr 7, 2025 | Business/Finance, International, NEWS

Stock markets have plunged in Asia, as President Donald Trump’s tariffs continue to send shockwaves around the world ‎ ‎Japan’s Nikkei 225 has dropped by 6.3%, Hong Kong’s Hang Seng is down 9.8% with Hong-Kong listed shares of UK banks HSBC and...

CBN Debunks Fake Circular on Introduction of N5,000 and N10,000 Notes — Labels Viral Document “Fake,” Urges Public to Rely on Official Channels for Accurate Info

by Peace Araga | Apr 4, 2025 | Business/Finance, Economics, Local, NEWS

The Central Bank of Nigeria (CBN) has dismissed claims that it is introducing N5,000 and N10,000 banknotes, labeling a circulating document on the matter as “fake.” In a statement shared on its official X (formerly Twitter) handle, the CBN refuted the...
Naira Strengthens to N1,550/$ at Parallel Market Amid Mixed Performance in Official FX Market

Naira Strengthens to N1,550/$ at Parallel Market Amid Mixed Performance in Official FX Market

by Oni Kayode Philips | Mar 30, 2025 | Business/Finance, NEWS

The Naira has recorded significant gains against the dollar at the weekly parallel foreign exchange market The latest pump comes as data from Bureau De Change Operators showed that the Naira strengthened to N1,550 per dollar on Friday, from N1,570 recorded at the...

Nigeria Pledges Enhanced Investment in Oil Sector During TotalEnergies Offshore Visit

by Favour Owonibi | Mar 17, 2025 | Business/Finance, NEWS

The Federal Government has reiterated it’s resolve to improve investments in the oil and gas sector. The Minister of State for Petroleum Resources, Heineken Lokpobiri gave the assurance as he toured the TotalEnergies’ offshore fields of Ofon and Egina as part of...
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