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$2.1 Billion in Suspicious Crypto Deals Flagged in West Afri

The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has raised concern over the growing number of suspicious cryptocurrency transactions in West Africa, revealing that GIABA reported $2.1bn in such transactions across the region in 2024. Speaking at the West Africa Compliance Summit organised by GIABA in Praia, Cape Verde recently, Agama noted that...
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AI-Powered Fintech Compliance: Reshaping Nigerian Startups

A financial technology and risk management expert and former KPMG consultant, Kayode Opeyemi, in this interview with LAOLU AFOLABI, shares groundbreaking insights on how Nigerian startups are leveraging regulatory technology to navigate the increasing compliance demands of the Central Bank of Nigeria and the Nigerian Financial Intelligence Unit and how artificial intelligence is revolutionising compliance...
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NGX Equity Trades Hit N4.19tn in H1 2025

The NGX recorded N4.19tn in equity turnover in H1 2025, up from N2.60tn in 2024, driven by institutional domestic investors and rising foreign participation, reflecting strong market momentum and investor confidence amid ongoing economic reforms, TEMITOPE AINA writes The Nigerian Exchange Limited has announced that total equity transactions in the first half of 2025 surged...
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FirstHoldCo’s H1 2025 Earnings Surge 18% to N1.7tn

In a financial environment marked by continued volatility, regulatory recalibration, and fast-changing customer expectations, First Holdco Plc has reaffirmed its position as the leading financial institution in Nigeria by delivering a robust half-year performance, underscored by significant growth in its core business operations. The results reaffirm the Group’s strong fundamentals, resilient business model, and disciplined...
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Nigerian Pension Funds Soar to N24.6tn in H1 2025

Nigeria’s pension funds grew by N2.12tn, or 9.41 per cent in the first six months of 2025 to N24.63tn, the latest data from the National Pension Commission has revealed. Compared to the same period of 2024, this is a lower percentage growth, as pension funds rose 11.59 per cent or N2.13tn, in the corresponding period...
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Nigerian Startups Win $280,000 in NSIA Innovation Prize

The Nigeria Sovereign Investment Authority, in collaboration with international and private partners, has awarded a total of $280,000 in cash and equity to the most promising Nigerian startups at the grand finale of its third edition of the NSIA Prize for Innovation. The Demo Day 3.0 event, held in Abuja on Saturday, marked a significant...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...