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OneCoin’s Cryptoqueen on FBI’s Most-Wanted Lists for $4Bn Fraud

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A German citizen accused of defrauding investors out of $4 billion by selling a fake cryptocurrency called OneCoin

FG Unveils Duport 10,000bpd Modular Refinery

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The Federal Government in Ogbekor community, Orhionmwon Local Government Area in Edo

Private Sector Growth Falls to 17-Month Low on Cash Shortages

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Private sector growth slowdown in June as output falls for the first time in 19 months while overall input prices

Nigerian Bourse Gains N8.15bn as Stocks Rally

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Nigerian Exchange (NGX) gains N8.15 billion as bullish sentiments returned to the tock market

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OneCoin’s Cryptoqueen on FBI’s Most-Wanted Lists for $4Bn Fraud

Cryptocurrency 0
A German citizen accused of defrauding investors out of $4 billion by selling a fake cryptocurrency called OneCoin

FG Unveils Duport 10,000bpd Modular Refinery

News 0
The Federal Government in Ogbekor community, Orhionmwon Local Government Area in Edo

Private Sector Growth Falls to 17-Month Low on Cash Shortages

Markets 0
Private sector growth slowdown in June as output falls for the first time in 19 months while overall input prices
Inside Africa

AfDB Launches First ESG African Frontier-Currency Bond

The African Development Bank (AfDB) has launched a 19-billion Ugandan shilling ....
Inside Africa

Reserve Bank of Zimbabwe Hikes Lending Rate to 200%

In a move to combat red hot headline inflation, the Reserve Bank of Zimbabwe said on Monday...

Analysis

Analysis

FBNH: Analysts See Solid Earnings Growth amid Plan to Enter More African Markets

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Equity analysts are becoming more optimistic on FBN Holdings Plc.’s performance outlook...
Analysis

MTN Nigeria Share Price Rises 39% in 6-Month

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At N4.783 trillion market valuation on Monday, MTN Nigeria Plc's share price has gained about 40%
Analysis

Zenith Bank Share of Nigerian Banking Assets Hits 15%

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Zenith Bank Plc controls 15% of Nigerian banking assets, according to Fitch Ratings
Analysis

MTN Rises to Become Second Most Valuable Brand in Nigerian Bourse

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Briefly this week, telecommunication company giant MTN Nigeria Plc beat Dangote Cement as the second most

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ECONOMY

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INVESTMENT
INVESTMENT

Nigeria’s PMI Indicates Economic Recovery Underway, Albeit Slow

Marketforces Africa -
Following positive macroeconomic direction recorded in the fourth quarter...

Rising Fiscal Deficit, Weak Naira Fuel Nigeria’s Debt Burden –Analysts

Marketforces Africa -
Pandemic-induced fiscal deficit and devaluation of the local currency, Naira,

Private Sector Growth Falls to 17-Month Low on Cash Shortages

Marketforces Africa -
Private sector growth slowdown in June as output falls for the first time in 19 months while overall input prices

Nigerian Bourse Gains N8.15bn as Stocks Rally

Marketforces Africa -
Nigerian Exchange (NGX) gains N8.15 billion as bullish sentiments returned to the tock market

Oil Theft Rises to 120,000 Barrels Per Day

Marketforces Africa -
Oil theft in Nigeria has increased by about 17% to 120,000 barrels per day (bpd), according to Nigerian Upstream

TAJBank to Obtain National Banking License, Expand Branch Network

Adebowale Akanji -
Amidst plan to obtain a national banking license, the Board and Management of TAJBank Limited

FINANCIAL PRODUCTS
FINANCIAL PRODUCTS

Private Sector Growth Falls to 17-Month Low on Cash Shortages

Markets Marketforces Africa -
Private sector growth slowdown in June as output falls for the first time in 19 months while overall input prices

Yield on T-Bills Trend Higher as Naira Tumbles

Adebowale Akanji -
The average yield on Nigerian Treasury Bills trends higher on Monday amidst sell pressures...

NASD Expands as Shares of Niger Delta Exploration, CitiTrust Appreciate

Olu Anisere -
NASD's over-the-counter (OTC) market swells above N1 trillion last week due to positive interest

T-Bills Yield Rises on Sell Pressures, Naira Gains

Olu Anisere -
The average yield on Nigerian Treasury bills adjusted upward midweek amidst sell pressures

SEC to Give Capital Market Participants ‘ID’ to Curb Fraud

Marketforces Africa -
The Securities and Exchange Commission (SEC), says capital market participants

Demand to Increase as FGN Eurobond Yields Track Higher

Olu Anisere -
The Federal Government of Nigeria (FGN) Eurobond yields traded at an attractive level

Treasury Bills, Bond Yields Rise, OMO Rates Steady

Adebowale Akanji -
The Nigerian Treasury bills, and Federal Government (FGN) bond yields recorded upticks...

Bonds, Treasury Yields Jump as Naira Falls

Marketforces Africa -
The average yield on Federal Government of Nigeria (FGN) bonds and Treasury bills inched higher..

NASD OTC Hits N1.05 Trillion, Return Spikes

Ogochukwu Ndubuisi -
Due to a bullish run in the market, the NASD over-the-counter (OTC) exchange for trading unlisted

Dollar Declines ahead of U.S GDP Data Release

Adebowale Akanji -
The United States (U.S) dollar declined against its major trading partners early Thursday

FX Markets

FG Unveils Duport 10,000bpd Modular Refinery

News 0
The Federal Government in Ogbekor community, Orhionmwon Local Government Area in Edo

Private Sector Growth Falls to 17-Month Low on Cash Shortages

Markets 0
Private sector growth slowdown in June as output falls for the first time in 19 months while overall input prices

Nigerian Bourse Gains N8.15bn as Stocks Rally

News 0
Nigerian Exchange (NGX) gains N8.15 billion as bullish sentiments returned to the tock market

Oil Theft Rises to 120,000 Barrels Per Day

News 0
Oil theft in Nigeria has increased by about 17% to 120,000 barrels per day (bpd), according to Nigerian Upstream

TAJBank to Obtain National Banking License, Expand Branch Network

News 0
Amidst plan to obtain a national banking license, the Board and Management of TAJBank Limited
View all

Blockchain

OneCoin’s Cryptoqueen on FBI’s Most-Wanted Lists for $4Bn Fraud

Olu Anisere -
A German citizen accused of defrauding investors out of $4 billion by selling a fake cryptocurrency called OneCoin
Read more

Cryptocurrencies Struggle Over Weak Buying Catalysts

Marketforces Africa -
Top cryptocurrencies struggle to buck the downward trend as retail investors continue to trade...
Read more

Islamic Coin Gets Fatwa from Muslim Scholars

Olu Anisere -
Islamic Coin (ISLM), a Shariah-compliant digital currency has gotten itself a Fatwa, from Muslim authorities
Read more

Cryptocurrency Fears Materialising –Bank for International Settlements Says

Marketforces Africa -
The ongoing meltdown in the cryptocurrency markets indicates that long-warned-about dangers
Read more

Lawsuit: Elon Musk Denies Asking Anyone to Invest in Cryptocurrencies

Marketforces Africa -
Amidst a $258 billion lawsuit against him, Tesla Chief Exec Elon Musk says he has never advised
Read more

Bitcoin Slips Below $20,000 amidst Crypto Meltdown

Marketforces Africa -
Bitcoin Slips Below $20,000 amidst Crypto Meltdown
Read more

Cryptocurrencies Bleed, Market Cap Falls to $975bn, Investors Exit

Adebowale Akanji -
Selling rallies in the cryptocurrencies market dragged digital assets valuation below $980 billion on Monday.
Read more

Cryptocurrencies Struggle as Retail Buyers Exit Positions

Adebowale Akanji -
At $12.4 trillion valuations, the Cryptocurrencies market continues to struggle as retail investors
Read more

BTC, ETH Rise on Russia’s Plan to Use Cryptos for Transactions

Marketforces Africa -
Bitcoin (BTC), Ethereum (ETH) and other pricey cryptos have seen upward adjustments
Read more

Bloodbath on Cryptos Exchange Floors, Market Cap Hits Low

Adebowale Akanji -
The ongoing bloodbath on the cryptocurrency exchange floors is far from being over as market
Read more

Tether Launches New Stablecoin

Olu Anisere -
Tether announces the release of a new peso-backed stablecoin on Ethereum, Tron, and Polygon as 40%
Read more

Terra to Launch Spin-Off Blockchain

Ogochukwu Ndubuisi -
The governance vote to create a new Terra blockchain with new LUNA tokens
Read more

Mobile Banking/Fintech

CBN Moves to Introduce USSD Code for eNaira

The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary
Fintech

MFS Africa to Acquire U.S Prepaid Card Processor GTP

Africa’s largest digital payments network, MFS Africa says it has reached an agreement to buy Global Technology Partners
Fintech

GTCO Gets Approval for HabariPay to Commence Operation

Guaranty Trust Holding Company (GTCO Plc) said it has obtained approval for the operation
Fintech

SmartCash Payment Service Bank Begins Operation in Nigeria

Following its final approval by the regulators, SmartCash Payment Service Bank Limited
Fintech

Interswitch Raises $110 Mln to Expand Digital Payments

Interswitch, a financial technology-driven company, has raised a strategic investment of $110 million

Inside Africa

Inside Africa

AfDB Launches First ESG African Frontier-Currency Bond

The African Development Bank (AfDB) has launched a 19-billion Ugandan shilling ....
Inside Africa

Reserve Bank of Zimbabwe Hikes Lending Rate to 200%

In a move to combat red hot headline inflation, the Reserve Bank of Zimbabwe said on Monday...
Companies

Oando Dips as Court Orders 43.63% Shares Buyout

Oando Plc's share price sinks to N5.70 following a court order that the oil company should buyout
Companies

Dangote Cement Loses 10% of Market Valuation

Equity investors in the Nigerian Exchange (NGX) have priced down Dangote Cement Plc
Companies

TAJBank, Islamic Corp. Seal Deal on Capital Projects Financing

TAJBank Limited, Nigeria’s leading non-interest bank, has signed a Memorandum of Understanding (MoU)
Companies

Access Bank to Acquire 83.4% Stake in Kenya’s Sidian Bank

Access Bank Holding Plc says it plans to acquire Kenya’s Sidian Bank Ltd., for N15 billion ($37 million)
News

Femi Otedola Reduces Equity Interest in FBNH

FBN Holding Plc.'s single largest shareholder, Femi Otedola, has sold down 2.3% of his equity interest
More from Inside Africa
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