Nigeria Financial News

01.11 / 14:31
markets President students Experts Universities Colleges International Visa fears for international students as U.S vote nears
Originally from the southern Rivers State in Nigeria, where he got his undergraduate degree, Amaechi now works as a part-time teacher at a community college thanks to a scheme that allows students to stay on after they graduate and get work experience. But Amaechi's Optional Practical Training (OPT) benefit, which is linked to his student visa, is about to run out.
29.10 / 09:11
markets Digital CEO PAM show reports Airtel Q2 showed resilience amid rate hikes, top level changes to be non-disruptive: Analysts
Bharti Airtel’s revenue growth was higher than larger rival Reliance Jio’s which lost 11 million subscribers, analysts said, indicating a higher resilience from the nation’s second largest telecom operator. In addition, brokerage Citi Research said it does not expect the change in leadership in Airtel which was announced Monday to be very disruptive. “This should be further supported by Bharti’s strong established credentials and our view that the peak of competitive intensity is behind us”. Market analysts said that Airtel’s user loss was mainly amongst low-ARPU (average revenue per user) subscribers, which combined with 0.8 million net additions in the postpaid user base, showed the Sunil Mittal-led operator’s success in premiumising its subscriber mix.
26.10 / 09:35
markets Digital security Justice country reports World Justice Project: Pakistan ranked 3rd worst country in law and order
World Justice Project (WJP) Rule of Law Index regarding order and security, making it the third worst country in the world. A recent report published by the WJP has evaluated countries based on different factors, including constraints on government powers, absence of corruption, open government, fundamental rights, order and security, regulatory enforcement, civil justice, and criminal justice. According to the 'Dawn' newspaper, order and security are measured by three factors: crime control, protection from armed conflicts, and the use of violence to resolve civil disputes. The report shows that Pakistan's law and order have drastically declined.
25.10 / 16:23
UPS Binance Cooper Platform security Trade Courts Nigeria releases American crypto executive after dropping money laundering case
An American cryptocurrency executive held in Nigeria for the past eight months has been released after authorities there announced that they were ending his money laundering trial on health and diplomatic grounds
22.10 / 09:51
FIVE Trade country isolate rights Relationships Taiwan rejects South African demand to move its representative office from capital
Taiwan has rejected South Africa’s demand that it move its representative office in the country from the capital, Pretoria, to the commercial center of Johannesburg
21.10 / 16:33
markets Blockchain Ethereum Bitcoin reports International diving Crypto Makes Big Strides in User Growth, Stablecoin Adoption, and DeFi: a16z Crypto Report
Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...
17.10 / 15:27
UPS Death President country hospital Traffic How did as many as 140 people die in one of Nigeria's deadliest tanker explosions?
Nigerian authorities have announced measures to correct lapses that resulted in the death of more than 140 people in an explosion as they were trying to scoop up fuel from an overturned fuel tanker on Wednesday
17.10 / 07:59
markets UPS IPO Analysis Hyundai trends Trade Gurmeet Chadha on 4 auto stocks to buy on dips
Gurmeet Chadha, Co-Founder & CEO, Complete Circle Consultants, says it is a little too early to comment on the festive season because we are not even midway of it, but if the trend continues, then there could be a little bit of derating in auto stocks because none of them trade below 25-30 times. Chadha also says that amongst two-wheelers, we have TVS Holdings also which is the holding company which they bought and Sundaram Clayton is in the portfolio. So, among the stocks that they would buy on a correction like this, TVS would be the first, followed by Bajaj Auto. He is more interested in auto ancillaries, including names like Sandhar Technologies and Uno Minda.
08.10 / 10:53
markets Blockchain Provident Bitcoin country inclusion innovations Crypto Fest 2024 to Highlight Bitcoin, Stablecoin Payments, and Regulatory Advances Across Africa
Cape Town, South Africa – On 11 October 2024, the DHL Stadium will host Crypto Fest 2024, one of the most anticipated South African Web3 events of the year. This event will highlight Bitcoin adoption, crypto payments, and the growing regulatory landscape across Africa, emphasizing both the benefits and challenges of using cryptocurrency for payments.
04.10 / 23:25
Binance love show cover Updates Investigations International Detained Binance Executive Tigran Gambaryan Is A Hostage, Former IRS Chief Says
Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
02.10 / 11:37
markets UPS Food wellness trends Interviews Complan maker plans to invest up to ₹200 crore in direct-to-consumer brands
Subscribe to enjoy similar stories. New Delhi: Zydus Wellness Limited, the parent company of brands such as Complan and Nycil talcum powder, has said it could invest up to ₹200 crore in new-age direct-to-consumer (D2C) brands as trends in the wellness space prompt it to explore new categories. In an interview with Mint, Tarun Arora, chief executive of Zydus Wellness, said the company could invest in both international and domestic markets.
01.10 / 21:21
Binance wellness love cover Podcasts rights Updates Yuki Gambaryan, Wife Of Detained Binance Executive Tigran Gambaryan, Calls For His Release
Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
30.09 / 19:07
UPS Citi Digital BBC wellness track reports CBDCs Are Under Threat — Here’s Why
Connor Sephton is a journalist based in London, who also works for Sky News and the BBC as a radio newsreader and online reporter. He has covered crypto since 2018 — reporting from major conferences...
25.09 / 05:17
Election WhatsApp Delegation of diplomats visiting Kashmir to witness elections
Kashmir on Wednesday to witness the ongoing assembly elections. The delegation comprised diplomats from Delhi-based missions of the US, Mexico, Guyana, South Korea, Somalia, Panama, Singapore, Nigeria, Spain, South Africa, Norway, Tanzania, Rwanda, Algeria and the Philippines, people familiar with the matter said. Most of the embassies are represented by their Charge d'affaires and deputy chief of missions, they said. Others are represented by political officers at minister-counselor and counselor ranks.
22.09 / 10:41
Sustainability President Celebrity Cycling country Olympics Debt relief for poor countries: Time for a whole new effort to be made?
Subscribe to enjoy similar stories. Hark back to the heady mid-1990s. Jim Wolfensohn, a former Olympic fencer turned banker and cellist was US President Bill Clinton’s pick as World Bank president.
20.09 / 18:01
Binance security cover reports Department Videos Congressman Rich McCormick Calls on U.S. Government to Help Free Detained Binance Executive Tigran Gambaryan
Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
19.09 / 15:05
Provident Binance SEC security country exclusive reports Binance Holds Off Nigerian Licensing, Demands Gambaryan’s Release
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
18.09 / 01:35
Ethereum cryptocurrency Market Sentiment Bitcoin Crypto scams FOMC meeting inflation data Bitcoin eyes $60K with better than expected inflation data in the US
Bitcoin experienced steady growth over the past week recovering from a low of $54,000 to currently trading at $58,000.The week began with the Federal Bureau of Investigation (FBI) releasing a comprehensive report on global crypto scams in 2023, revealing staggering losses. The U.S. topped the list, with over $4.8 billion lost to crypto scams, followed by Canada and the UK. India ranked fifth, with reported losses exceeding $44 million. To avoid falling for such scams, one must Research thoroughly before investing, avoid too-good-to-be-true offers and only use trusted platforms for investing. The presidential debate between Donald Trump and Kamala Harris was the most anticipated, where the crypto community expected a focus on crypto regulation. However, the debate largely centered on other pressing issues such as economic uncertainty, inflation, and abortion rights, with no mention of crypto. This omission left many in the crypto community disappointed, leading to brief selling pressure on Bitcoin. Despite this dip, Bitcoin quickly recovered within a few hours. The same day saw the release of the Consumer Price Index (CPI) data, which showed better-than-expected inflation numbers. This data provided certainty to the crypto community that there will surely be a rate cut in the upcoming FOMC meeting strengthening the market sentiment.
17.09 / 15:08
COST Food Experts country reports recommendations Fortified bouillon cubes are seen as a way to curb malnutrition in Africa as climate worsens hunger
In Nigeria and other countries in sub-Saharan Africa, many households have limited access to nutrient-rich foods due to rising costs and the impact of climate change on agriculture and food systems
17.09 / 08:23
UPS Provident Digital economy country cover reports CBDC Exploration Underway in 134 Countries, Covering 98% of Global Economy
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
15.09 / 21:14
markets FIVE Digital President RAI boating At least 40 people go missing after boat capsizes in Nigeria, authorities say
Nigeria, said President Bola Tinubu on Sunday. The accident happened in Zamfara state, as farmers were trying to get to their land, said Tinubu in a statement. The president promised support for the victims and directed emergency agencies to assess the incident. Yazid Abubakar, a police spokesperson in Zamfara, told The Associated Press the accident happened on Saturday and that five people were rescued, but 40 are still missing. It was not immediately clear how many people were on the boat when it went down.

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