Finance

Finance

GLOBAL MARKET SHOCKER: Elon Musk Becomes World’s First Trillionaire as SpaceX Shares Explode on Wall Street Debut

The global financial landscape has been permanently rewritten after tech tycoon Elon Musk officially cemented his status as the world’s very first trillionaire. This historic milestone follows the highly anticipated…

AyobamiBlog June 13, 2026

Finance

Best-Performing Money Market Funds in Nigeria as of April 2026

The money market fund sector in Nigeria continued to grow impressively in April 2026, with a total Net Asset Value (NAV) N5.68 trillion as of April 24, up from N5.45…

Esther May 12, 2026

Finance

Ex-Nigerian oil minister denies taking bribes

Former Nigerian oil minister Diezani Alison-Madueke has denied allegations that she enjoyed luxury homes, expensive shopping trips, and lavish treatment in the UK in exchange for awarding government contracts. Speaking…

Esther April 13, 2026

Finance

Opay, Moniepoint, and other FinTechs and MFBs elevated to national status by CBN

The Central Bank of Nigeria (CBN) has upgraded the licences of selected FinTechs and Microfinance Banks (MFBs) with nationwide operations to national status. The disclosure was made by Mr. Yemi…

AyobamiBlog January 27, 2026

Finance

New Tax Regime: Fintech firm unveils payroll automation, tax compliance platform

Paypaxe, a new Nigerian financial management and payments platform, has officially launched in Abuja with a focus on helping businesses automate payroll, improve tax compliance, and strengthen record-keeping. Speaking at…

Esther January 26, 2026

Finance

How to Get a Tax Identification Number (TIN) – {A Guide for Individuals and Businesses 2025/2026}

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has emphasized the importance of a Tax Identification Number (TIN) for all taxable entities. Without it,…

AyobamiBlog December 13, 2025

Finance

Union Bank completes merger with Titan Trust Bank

Union Bank of Nigeria, one of the nation’s longest-standing financial institutions, today announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central…

AyobamiBlog September 1, 2025

Finance

World Bank approves $300 million loan for Internally Displaced Persons in Nigeria 

The World Bank has approved $300 million in financing to help Nigeria strengthen resilience and expand access to essential services for Internally Displaced Persons (IDPs) and their host communities in…

Esther August 11, 2025

Finance

Oando Plc Proposes N500 Billion Capital Raise, $300 Million Debt Conversion, and $1.5 Billion Funding Programme

Oando Plc has unveiled an ambitious suite of capital-raising proposals ahead of its 46th Annual General Meeting on August 11, 2025. Subject to shareholder approval, the energy conglomerate aims to…

Esther July 22, 2025

Finance

SCUML Seals Kaduna Hotel for Breaching Money Laundering Act

The Economic and Financial Crimes Commission (EFCC), through its Special Control Unit Against Money Laundering (SCUML) in Kaduna, has sealed Hampton Hilton Hotel and Apartments for violating the Money Laundering…

Esther July 16, 2025