Finance

Crypto

Kenya Introduces Mandatory Licensing for Crypto and Virtual Asset Operators

The Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) have introduced mandatory licensing requirements for cryptocurrency businesses and other virtual asset service providers operating in the country…

Esther November 14, 2026

Finance

Dangote Petroleum Refinery IPO Records Massive 172% Oversubscription with ₦5.85 Trillion in Bids

The Dangote Petroleum Refinery’s Initial Public Offering (IPO) has officially drawn ₦5.85 trillion ($4.1 billion) in total share applications from nearly 3.8 million subscribers, vastly exceeding its baseline target of…

AyobamiBlog November 11, 2026

Economy

Nigerians earning N150,000–N250,000 feel inflation most—CBN

While inflation is technically slowing down in Nigeria, the Central Bank of Nigeria’s (CBN) July 2026 survey reveals that the daily reality of high prices is hitting mid-level earners the…

Esther August 7, 2026

Economy

Women Repay SME Loans Better Than Men, Moniepoint 2025 Impact Report Reveals

Women-owned businesses in Nigeria have proven to be significantly more reliable at repaying business loans than those managed by their male counterparts, according to new data published by Nigerian fintech…

AyobamiBlog July 27, 2026

Finance

GLOBAL RECOGNITION: Piggyvest Named to CNBC World’s Top Fintech Companies 2026 for Third Consecutive Year

Nigerian wealth management platform Piggyvest has achieved a historic milestone on the international stage, securing a spot on CNBC’s World’s Top Fintech Companies 2026 list. The award marks the platform’s…

AyobamiBlog July 23, 2026

Finance

EXONERATED: Diezani Breaks Silence After Historic UK Court Victory, Ending an “Arduous 11-Year Journey”

In one of the most high-profile legal turnarounds in international anti-corruption history, a London jury at the Southwark Crown Court has completely cleared Nigeria’s former Minister of Petroleum Resources, Diezani…

AyobamiBlog June 19, 2026

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