Financial fiascos have left indelible marks on economies worldwide, underscoring the importance of understanding these events. This article delves into the causes, impacts, and lessons learned from various financial disasters, …
Finance
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Discover the intricacies of investing in Bitcoin, a digital currency that has captured global attention. This article explores the rewards and risks, offering insights into the potential for high returns, …
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Finance
Economic enlightenment: Illuminating lessons from financial darkness
by Reporterby ReporterExplore the transformative journey from economic turmoil to enlightenment, delving into historical financial crises and the invaluable lessons they teach us about resilience, innovation, and growth in the face of …
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BankingBreakingFinance
Palmpay staff steals customer’s N2.6 million, moves funds to unknown account
by Reporterby ReporterTRIXX NG reports that a staff of fintech company, Palmpay has been arrested for illegally moving a merchant’s N2.6 Million into an unknown account. The staff, Seja Matthew Oluwatimilehin …
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The Economy and Financial Crimes Commission has charged Binance Holdings Limited and two of its senior executives, Tigran Gambaryan, and Nadeem Anjarwalla – who is on the run, with $35,400,000 …
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The Central Bank of Nigeria (CBN) has announced a revised policy for the sale of foreign exchange (FX) to Bureau De Change (BDC) operators from Thursday, March 28th, 2024. This comes …
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Finance
Nestlé Nigeria in financial distress after naira’s free fall pushed liabilities past assets
by Reporterby ReporterLoans denominated in US dollars constituted more than 60 per cent of Nestlé Nigeria’s total liabilities, during a year when the naira shed half of its value against the currency. …
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BankingFinance
Squad powers OmniPay’s trade business to simplify payments for FMCG industry
by Reporterby ReporterIn a strategic move aimed at furthering its mission to empower African traders with the necessary payment solutions for thriving in the digital era, Squad, a fintech subsidiary of Guaranty …
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FinanceNews
EFCC arraigns ex-Kwara Gov, Ahmed, for spending N1.6bn state funds on charter private jets
by Reporterby ReporterThe Economic and Financial Crimes Commission (EFCC) has arraigned the immediate past Kwara State Governor, Abdulfattah Ahmed for spending the sum of N1,610,730,500.00 meant for the security and running cost …
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FinanceTech
Piecing together altcoin narratives: Bitcoin’s cryptocurrency mosaic
by Reporterby ReporterCryptocurrencies have taken the financial world by storm, with Bitcoin leading the charge as the pioneering digital currency. Aspiring investors and enthusiasts can find a wealth of information on https://robbo-ai.org/, …