Business

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand.     The cryptocurrency has enjoyed a strong run-in recent month, fuelled by expectations US lawmakers would allow the …

Access Corporation, the parent company of Access Bank, Nigeria’s biggest bank by assets, has appointed Bolaji Agbede, an executive director at the company, interim CEO two days after the death of Herbert Wigwe. The appointment was confirmed in a statement by Access Holdings on Tuesday morning.   “The appointment of Agbede …

Herbert Wigwe, the co-founder of Access Bank and the founder, Wigwe University, has reportedly died in a helicopter crash in California, United States.   Wigwe was also the Chief Executive Officer, CEO, of Access Holdings, the parent company of Access Bank. He was reportedly on board the chopper with his …

Minister of Works, Senator David Umahi has said that President Bola Tinubu has directed cement companies in the country to revert to their old price.   Addressing newsmen in Sokoto on Thursday, February 29, Umahi said Tinubu gave the directive to achieve his massive housing programme and concrete roads plan. He …

First Bank of Nigeria Holdings Plc has appointed the 20th richest man in Africa, Femi Otedola, as its new Chairman.     FBN Holdings, in a notice to the Nigerian Exchange Limited and the investing public, said the decision was made at the meeting of the Board of Directors odf …

President of Dangote Group, Aliko Dangote has retained his position as the richest person in Africa with a net worth of $13.9 billion, in the 2024 Forbes list of 20 of Africa’s Richest billionaires released yesterday. According to Forbes, the fortunes of Africa’s wealthiest people rebounded slightly in the past …

As we usher in a new year, the entrepreneurial spirit continues to grow, bringing with it fresh opportunities for innovative business ventures.   In 2024, you can venture into the business world. To make it easier for you, we’ve come up with top business ideas you can do in the …

In the bustling city of Durban, a young woman named Nombuso Mvuyana is cultivating a different life.   Faced with the challenge of unemployment, Nombuso has not only found her footing but is thriving, thanks to her determination and passion for agriculture. How Nombuso started her venture According to Black …

Instead of depending on a monthly salary, a young lady took the decision to start a business of her own.     The lady, Ezike Theresa Osinachi, studied marketing at Ebonyi State University (EBSU), but she refused to be entirely dependent on her certificate for survival. She noted that as …

A report by UBS, a multinational investment bank and financial services company, found that the billionaires’ wealth in Nigeria rose to $28.5 billion (KSh 4.4 trillion) in April 2023 from $23.8 billion in the same period last year.     The latest 2023 Billionaires Ambitious report highlighted how three billionaires …