Latin America Defies Trump Tariff Predictions
Exclusive insights from the Inter-American Development Bank show how Latin American economies weathered Trump's tariff policies better than expected, with strategic trade diversification paying off.
Category : Search result: bank shutdown claim
Swiss Bank Profits Soar with Gold Price Surge
The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.
Nigerian Lady's 10-Year UK Visa Ban Nightmare
A Nigerian woman shares heartbreaking story of how her friend received a 10-year UK visa ban due to bank statement issues. Learn what went wrong and how to avoid similar fate.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
Naira Surges: GTBank, UBA Cut Dollar Rates
Nigeria's currency surges against USD, reaching strongest level in months as major commercial banks reduce rates following EFEMs platform introduction.
US Government Shutdown: 30 Days, Food Aid Crisis Looms
As the U.S. government shutdown reaches one month, critical food assistance programs face suspension, threatening millions of vulnerable Americans with hunger and financial instability.
Bank MD Jailed: 12-Year Sentence for N135M Fraud
A Nigerian High Court has convicted and sentenced a bank Managing Director to prison for misappropriating customer funds totaling N135 million in a landmark financial crime case.
Fake CBN Recruitment Scam: CDCIFB Warns Nigerians
CDCIFB alerts Nigerians about fraudulent recruitment messages falsely claiming to be from Central Bank. Learn how to spot these scams and protect yourself from financial fraud.
Zenith Bank's ₦140M Zecathon Empowers Nigerian Startups
Zenith Bank's groundbreaking Zecathon initiative offers ₦140 million in grants to Nigerian innovators and startups, driving technological advancement and economic growth across the nation.
Nigeria's GDP Data Blackout: NBS Shutdown Bites
Nigeria faces economic uncertainty as NBS fails to release crucial GDP figures amid nationwide strike, leaving investors and policymakers in the dark about economic performance.
US Economy Goes Dark as Government Shutdown Blocks Data
America's economic pulse becomes impossible to monitor as federal agencies halt data releases during government shutdown, leaving investors and policymakers flying blind.
Eurozone Growth Beats Expectations in Q1 2024
The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
Bank of Japan Maintains Zero Interest Rates
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
GTCO Records ₦900.8 Billion Profit in Q3 2024
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
KEDCO Starts $550M World Bank Metering Scheme
Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
US Government Shutdown Threatens Economic Data Blackout
The potential US government shutdown threatens to halt crucial economic data releases, leaving investors and policymakers in the dark during economic uncertainty. Federal agencies prepare for closure as Congress struggles to reach funding agreement.
Nigeria's Money Supply Drops 1.58% in September
CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.
Nigeria Manufacturers Face 51% Forex Shortage Crisis
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
Tanzania Election Internet Blackout - Shehu Sani Reacts
Former Nigerian senator Shehu Sani condemns Tanzania's internet shutdown during elections, warning about threats to democracy and digital rights across Africa.
OPay user's mistaken ₦30k transfer trends as 'Na I Go Rent'
A Nigerian OPay user's desperate plea for refund after sending money to wrong account trends online as 'Na I Go Rent' saga captures social media attention.
Recover Money Sent to Wrong Bank Account in Nigeria
Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.
Woman Caught Swapping Elderly Man's ATM Card in Bank
A Nigerian woman was caught red-handed swapping an elderly man's ATM card during a banking transaction. CCTV footage exposed the theft attempt at a commercial bank in Nigeria.
Santander Bank Posts Record €11.1 Billion Profit
Spanish banking giant Santander reports historic €11.1 billion profit for 2023, driven by strong European and American markets. See how this impacts global banking.
Access Holdings Buys National Bank of Kenya for ₦179B
Nigerian financial giant Access Holdings PLC has finalized a historic acquisition of National Bank of Kenya, marking one of Africa's largest cross-border banking transactions worth ₦179 billion.
FG, World Bank Train 300 Youths in Fisheries
In a groundbreaking initiative, the Federal Government partners with World Bank to equip 300 young Nigerians with modern aquaculture skills, creating new opportunities in fisheries and agriculture sectors.
Deutsche Bank Posts Record €5.7 Billion Profit
Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.
Lady Shows Massive OPay Balance - Goes Viral!
A young Nigerian woman has set social media ablaze after proudly displaying her impressive OPay bank account balance online, sparking massive reactions and financial envy across platforms.
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