Starbucks CEO’s $100M Package Sparks Controversy
Starbucks, the largest coffee chain in the world, has provided a lucrative package for Brian Niccol, its newly appointed CEO, ...
Tag: Finance
NDPC Fines Fidelity Bank N555.8 million For Data Breach
Fidelity Bank was fined N555.8 million by the National Data Protection Commission for violations involving breaches of its clients' data. ...
FX Spot Rate Stability Boosts Financial Stock Performance on NGX
The Financial services industry is the leading performer in the equities sector of the Nigerian Stock Exchange (NGX), having accounted ...
Union Bank Records 138% Profit Growth In 2023 Despite N226 Billion Net FX Loss
Union Bank of Nigeria, the country's second-oldest bank, has reported 138% increase in pre-tax profit for the financial year 2023, ...
Nigeria’s Inflation Rate Decline To 33.4% In July
In July 2024, Nigeria’s inflation rate has been reported to have decreased to 33.40%. This marks the first decline in ...
GTB Staff Opens Up On Hackers Stealing Customers’ Data
One of Nigeria’s foremost commercial bank, Guaranty Trust Bank (GTBank), has debunked the reports of its website being hijacked by ...
The Decentralized Finance
Imagine a world without traditional banks. A world where people can easily send money to each other without needing a ...
The NFT Revolution: A Game-Changer for Brands and Consumers Alike
An all-new phenomenon has emerged within the realm of digital promoting that has revolutionized our understanding of possession, worthiness, and ...
NGX Leadership Threatened by Currency Devaluation
Nigerian Exchange Limited (NGX) has faced challenges as a result of the naira’s significant devaluation, impacting its position as Africa’s ...
CBN Reports $25.4 bn Net FX Inflows
The Central Bank of Nigeria (CBN) has announced a significant increase in net foreign exchange flows, reaching $25.4 billion in ...
Finance Minister: 4.3 Million Nigerians Received Direct Financial Aid
The Federal Government of Nigeria, led by President Bola Tinubu, has launched a direct cash transfer program that has benefited ...
Nigerian Stock Market Surges: Investors Earn N421 Billion
The Nigerian Exchange Limited experienced incredible bullish movements on Tuesday as All Share Index (ASI) soared above 60,000 points at ...
Trump Plans To Establish Crypto Market In US
At the Bitcoin 2024 conference, former US President Donald Trump promised to turn the United States into the leading country ...
The Puzzle of Rising Prices: Kamala Harris’s Big Challenge?
With the 2024 presidential election approaching, Vice President Kamala Harris is dealing with a tough issue: high inflation. This same ...
Kamala Harris Wants to Improve Connections with Crypto Businesses
Vice President Kamala Harris is trying to make better connections with major cryptocurrency businesses. She wants to work together with ...
We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.