Tesla CEO Elon Musk has offloaded company shares worth $5 billion, days after setting off a Twitter poll — in which millions voted — asking whether he should sell 10 percent of his huge stake in the electric carmaker. The zany billionaire, the world’s richest man with a net worth of around $300 billion, sold […]
The price of Bitcoin, the world’s most popular cryptocurrency, appreciated by 2.49 per cent in the last 24 hours, touching $67,939, highest in a year. According to global crypto price tracker, CoinMarketCap, bitcoin appreciated by 10.13 percent in seven days. In Nigeria, many have resorted to cryptocurrencies despite government ban to protect their savings as […]
eNaira speed wallet app, Africa’s first digital currency, has recorded over 360,000 downloads from 160 countries in the world — ten days after release. The Central Bank of Nigeria (CBN) unveiled the eNaira apps on October 22. The eNaira applications have two versions — eNaira speed wallet and eNaira speed merchant wallet. The two applications […]
FBN Holdings Plc, the holding company of First Bank Nigeria Limited, has announced the appointment of Mr. Nnamdi Okonkwo as its new Group Managing Director. Mr. Okonkwo, the immediate-past Chief Executive Officer of Fidelity Bank Plc, will assume office with effect from January 1, 2022. This is subject to the approval of the Central Bank […]
The eNaira Speed Wallet app is back on Google Store 24 hours after its disappearance. Recall that yesterday, the app went missing on Google Store after its launch on Monday. The app had met with criticism as users struggled to link their emails and BVNs. Before it went offline, the app had been downloaded by […]
The Central Bank of Nigeria has absolved itself from any liability should users of the eNaira suffer any loss or data breach on the platform. According to the information available on the eNaira website, the CBN removed itself from being joined as a party in any future lawsuits, if users encounter losses while using the […]
FBN Holdings Plc, the holding company of First Bank Nigeria Limited, has confirmed Mr. Tunde Hassan-Odukale as the single-largest shareholder. The bank said with 5.36 percent equity holding, Hassan-Odukale is its largest single-holder followed by Femi Otedola with a 5.07 percent stake in the Group. Both Odukale and Otedola are disclosed as the only two […]
The E-Naira speed wallet has disappeared from the Google Play Store barely 48 hours after its launch, The PUNCH has observed. However, our correspondent learnt that the eNaira merchant wallet, which is designed for businesses, is still running and has over 10,000 downloads on the Google Play Store made available to Android users. Checks on […]
Barely two days after launching its digital currency, the e-Naira, the Central Bank of Nigeria (CBN) has alerted the public of a fake e-Naira twitter handle. Details shortly …
THE share price of FBN Holdings Plc recorded marginal decline yesterday after speculators who bought into the bank following the heavy activity on the stock in the course of share purchase by Femi Otedola sold off. The share price fell by 1.20 percent to N12.40 per share from N12.55 the previous day, while volume traded […]
