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Published on Apr 30, 2025

EFCC releases E-Money after hours of interrogation over Naira abuse

The Economic and Financial Crimes Commission (EFCC) on Tuesday night released popular socialite, Emeka Okonkwo, widely known as E-Money, after hours of questioning at its Abuja office. Operatives of the anti-graft agency arrested E-Money on Monday night at …

Source: The Guardian (Nigeria) - Indeterminate
Published on Apr 30, 2025

MTN Nigeria records ₦133.7 billion profit in Q1 2025, its first since 2023

MTN Nigeria Communications Plc has reported a profit after tax of ₦133.7 billion ($102.85 million) for the first quarter of 2025, marking a significant recovery from a ₦392.7 billion loss in the same period last year. The telecom operator announced a 41% …

Source: Technext - Neutral
Published on Apr 30, 2025

Stable naira, tariffs boost MTN Nigeria Q1 profit to N133.7bn

MTN Nigeria posted a profit after tax of N133.7 billion in the first quarter of 2025, rebounding from a loss of N392.7bn in the same period last year. The turnaround was driven by a surge in operating profit and a sharp decline in foreign exchange losses. …

Source: Punch - Indeterminate
Published on Apr 30, 2025

Naira Stables Amid Fluctuations In CBN’s Dollar Inflow

The naira has maintained relative stability in the foreign exchange (FX) market as the Central Bank of Nigeria (CBN) dollar inflow fluctuates in the market. Nigeria’s gross external reserves declined by eight per cent year-to-date to $37.84 billion as of …

Source: Channels TV - Neutral
Published on Apr 30, 2025

1 in 3 workers could be exempted in Nigeria’s Tax Reforms,Tax Czar Says

Forthcoming tax reforms in Africa’s top oil producer could exclude as much as a third of the country’s working population from personal income tax, according to Nigeria’s tax czar. A third of the working population in Nigeria currently earns 100,000 naira …

Source: Business Day - Neutral
Published on Apr 30, 2025

MTN Nigeria Posts $102.85 Million Q1 Profit Amid Strategic Recovery

MTN Nigeria reported a profit after tax of $102.85 million for the first quarter of 2025, marking its second consecutive profitable quarter and signaling a turnaround from a $302.08 million loss in the same period last year. The telecom operator attributed …

Source: News Ghana - Indeterminate
Published on Apr 30, 2025

Alleged Naira Abuse: EFCC Releases E-Money On Bail

Share The Economic and Financial Crimes Commission (EFCC) has released popular socialite, Emeka Okonkwo, popularly known as E-Money, on bail. New Telegraph gathered that E-money was released on Tuesday, April 29, and would be charged to court soon. READ …

Source: New Telegraph - Pending
Published on Apr 30, 2025

Naira weakens further, hits N1,602/$1 at official market

The naira continued its downward trajectory on Tuesday, April 29, 2025, closing at N1,602.02/$1 at the official Nigerian Foreign Exchange Market (NFEM). This is according to data published by the Central Bank of Nigeria (CBN). This represents a further …

Source: Nairametrics - Neutral
Published on Apr 30, 2025

MTN Nigeria’s revenue hits N1 trillion, bounces back to profitability in Q1 2025

MTN Nigeria recorded a N1 trillion revenue in the first quarter of this year, buoyed by the recent tariff increment implemented in the middle of February 2025. Compared with Q1 2024, this represents a 40.5% increase in revenue, even as the impact of the …

Source: Nairametrics - Neutral
Published on Apr 30, 2025

The criminalisation of poverty and tranny of wealth in Nigeria

BY VICTOR TERHEMBA In recent Nigeria, money is no longer just a means of economic exchange or a measure of value for it has evolved into a totalizing force, an arbiter of human relevance. It determines not only what individuals can afford, but what they …

Source: The Cable - Neutral
Published on Apr 30, 2025

MTN Nigeria reports first quarter profit as naira stabilises

The group added 3.2-million new subscribers to the network, bringing its total base to 84.1-million 30 April 2025 - 09:51 by Jacqueline Mackenzie MTN Nigeria has reported a “significant turnaround” in its bottom line in the March quarter, as the group …

Source: BusinessLIVE - Pending
Published on Apr 30, 2025

Deficit, Borrowing Biggest Threat to Nigeria’s $1trn Economy Goal, NACCIMA, OPS Warn

Eromosele Abiodun The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Organised Private Sector of Nigeria(OPSN) have said Nigeria’s massive public sector deficit is the biggest threat to the federal …

Source: This Day - Pro-Government
Published on Apr 30, 2025

Naira-based financing offers foreign investors return leeway

Naira-based financing is emerging as a viable solution to Nigeria’s persistent currency volatility, according to startup investors. At the West read more Naira-based financing offers foreign investors return leeway

Source: Business Day - Neutral
Published on Apr 30, 2025

Naira Weakens to N1,601/$1 at Official Market, N1,610/$1 at Black Market

By Adedapo Adesanya The Naira witnessed a 0.12 per cent or N1.96 depreciation against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, April 28, trading at N1,601.38/$1 compared with the N1,599.42/$1 it was …

Source: BusinessPost Nigeria - Indeterminate
Published on Apr 30, 2025

From cocoa to currency: Unlocking Nigeria’s economic stability through Agribusiness

Nigeria stands at a critical crossroads. With inflation surging, foreign exchange markets under pressure, and the economy grappling with the aftershocks of subsidy removals and policy instability, the question on every business leader’s mind is: Where do …

Source: Business Day - Neutral
Published on Apr 29, 2025

EFCC Arrests Music Executive E-Money Over Alleged Naira Abuse, Dollar Spraying

Popular businessman and music executive, Emeka Okonkwo, famously known as E-Money, has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC) over alleged currency abuse. According to sources within the commission, E-Money was …

Source: The News Chronicle - Neutral
Published on Apr 29, 2025

VeryDarkMan Calls for Okoya Sons’ Arrest After EFCC Detains E-Money Over Alleged Currency Abuse

Prominent Nigerian activist and social commentator, Martins Vincent Otse, popularly known as VeryDarkMan, has publicly condemned the Economic and Financial Crimes Commission (EFCC) over the arrest of billionaire businessman and socialite Emeka Okonkwo, …

Source: The News Chronicle - Neutral
Published on Apr 29, 2025

Naira Weakens to ₦1,596/$1 at Official Market as FX Pressures Persist

The Nigerian naira continued to decline against the US dollar on Monday, April 28, 2025, closing at ₦ 1,596 to $1 in the official foreign exchange market. This marks a ₦7 decline from the previous rate of ₦ 1,596/$1 on Friday, April 25, 2025, …

Source: The News Chronicle - Neutral
Published on Apr 29, 2025

BREAKING: EFCC Arrests Lagos Socialite E-Money Over Alleged Naira Abuse

The Economic and Financial Crimes Commission (EFCC) has arrested Lagos-based socialite and businessman, Emeka Okonkwo, popularly known as E-Money, over alleged abuse of the Naira and violation of foreign exchange regulations. E-Money was reportedly …

Source: Biz Watch Nigeria - Indeterminate

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Published on May 2, 2025 - 06:00 GMT

Shell Plc 1st Quarter 2025 Unaudited Results

SHELL PLC 1st QUARTER 2025 UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTS Quarters $ million Q1 2025 Q4 2024 Q1 2024 %¹ Reference 4,780 928 7,358 +415 …

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Published on April 30, 2025 - 15:09 GMT

FX Design Group Discusses 'How Strategic Exhibit Design Increases Engagement and Leads'

ORLANDO, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- FX Design Group, a leader in custom trade show exhibits and trade show booth fabrication, broadcast set design and fabrication services including set design for TV, and branded …

Distribution channels: Building & Construction Industry, Conferences & Trade Fairs ...

Published on April 30, 2025 - 18:00 GMT

From Sydney to the World - Valueex (VUEE) Exchange Announces Entry into the U.S. Market

Fresno, CA, April 30, 2025 (GLOBE NEWSWIRE) -- Recently, the renowned exchange Valueex (VUEE) announced its official entry into the U.S. market, garnering significant attention. Amid the accelerating transformation of global financial markets, technology …

Distribution channels: Banking, Finance & Investment Industry, Environment ...
Published on April 30, 2025 - 13:13 GMT

Euro money market study 2024

The 2024 Euro money market study provides a comprehensive analysis of euro money markets using trade data from the 45 largest euro area banks. It examines five key segments of the euro money markets: (i) secured transactions – repurchase agreements (repos) …

Distribution channels: Banking, Finance & Investment Industry

Published on April 30, 2025 - 10:46 GMT

ECB study shows money market turnover rose from 2022 to 2024

30 April 2025 Money market rates efficiently reflected changes in the ECB’s deposit facility rate, used by Governing Council to steer monetary policy stance Increased daily money market activity, dominated by secured and foreign exchange swap segments High …

Distribution channels: Banking, Finance & Investment Industry
Published on May 1, 2025 - 22:25 GMT

Gran Tierra Energy Inc. Reports First Quarter 2025 Results, Record Production and Continued Exploration Success

Achieved Record Total Company Average Quarterly Production of 46,647 boepd Ecuador Exploration Success Continues with Additional Oil Discoveries in Iguana Block Solid Balance Sheet, Exited the Quarter with $77 Million in Cash Following Active Capital …

Distribution channels: Business & Economy ...
Published on May 1, 2025 - 21:43 GMT

Taseko Reports First Quarter 2025 Earnings

This release should be read with the Company’s Financial Statements and Management Discussion & Analysis ("MD&A"), available at www.tasekomines.com and filed on www.sedarplus.com. Except where otherwise noted, all currency amounts are …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 1, 2025 - 21:15 GMT

Hammond Power Solutions Reports First Quarter 2025 Financial Results

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, May 01, 2025 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products …

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Published on May 2, 2025 - 05:00 GMT

Mattress Warehouse Surpasses 500 Locations with Acquisition of 176 New Stores

Mattress Warehouse becomes the largest independent mattress retailer in the U.S. FREDERICK, MD, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- Mattress Warehouse, the largest independently owned mattress retailer in the U.S., today announced …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 2, 2025 - 05:00 GMT

Colle AI Enhances Multichain Platform Agility With Streamlined Updates

System refinements increase platform responsiveness, reduce deployment time, and improve user experience across supported chains LONDON, LONDON, UNITED KINGDOM, May 2, 2025 /⁨EINPresswire.com⁩/ -- Colle AI (COLLE), the multichain AI-NFT platform, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 2, 2025 - 05:00 GMT

AGII Refines Smart Contract Layers for Higher-Speed AI Automation

Enhanced architecture brings faster, more intelligent smart contract execution to the Web3 ecosystem. SEATTLE, WA, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- AGII, the AI-powered Web3 innovation platform, announced a significant upgrade to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 2, 2025 - 04:16 GMT

Introducing Bird Control Services from Elite Bird Management

Elite Bird Management Now Offering Professional Bird Control Services ST. LOUIS, MO, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Elite Bird Management is proud to announce the launch of its professional bird control services, offering safe, …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 2, 2025 - 00:01 GMT

CUTTING AI-DATA-CENTER COOLING ENERGY BY 50%, KRAMBU DEPLOYS FREON-FREE ELKHORN 970 LIQUID CHILLER

COEUR D’ALENE, ID, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- KRAMBU, Inc. today announced the successful test deployment of Elkhorn Products' Elkhorn 970 v21 hydrovaporization cooler at its Newport, WA facility—replacing conventional …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 2, 2025 - 00:00 GMT

KarKiosk Expands Its Private Seller Marketplace with New Features to Enhance Peer-to-Peer Car Exchange

KarKiosk Enhances Peer-to-Peer Car Exchange with New Features PLANO, TX, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- KarKiosk, the private seller marketplace connecting individuals for seamless peer-to-peer vehicle transactions, is thrilled …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 1, 2025 - 22:49 GMT

Grow United Announces Appointment of New VP of Growth, Regenerative Agriculture

Pioneering AgTech Company Strengthens Commitment to Growth with Another Key Executive Hire LEHI, UT, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Grow United LLC, a leading innovator in agricultural technology, is pleased to announce the …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on May 1, 2025 - 21:55 GMT

Auerbach Funds and Blue Magma Residential Acquire 452-Unit Park at Cumberland Apartments in Houston, TX

The acquisition marks the 12th asset in the new Auerbach Opportunity Fund IV, LP portfolio. CHARLOTTE, NC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- A partnership between Auerbach Funds and Blue Magma Residential recently acquired The …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 1, 2025 - 21:54 GMT

Rising Tide Capital Co-Founder and CNN Hero Alfa Demmellash releases candid conversations with U.S. community builders.

Demmellash hosts insightful conversations highlighting experts the nation desperately needs amidst trade wars, tariffs and growing economic insecurity. JERSEY CITY, NJ, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Rising Tide Capital (RTC) …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 1, 2025 - 21:34 GMT

Kresus Partners with Braintrust to Launch Official Wallet Integration and Exclusive User Benefits

Through this collaboration, Kresus becomes the official wallet partner of Braintrust, providing its users with a seamless and secure digital asset experience. SAN FRANCISCO, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Kresus.com – …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 1, 2025 - 21:16 GMT

National Bar Association President Issues Statement Condemning Trump Administration’s Attempt to Erase Black History

Wiley S. Adams denounces removal of key African American artifacts from the Smithsonian as a direct attack on truth and justice WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Wiley S. Adams, President of the National Bar …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 1, 2025 - 21:13 GMT

Seecoin Expands Beyond Gaming: A Web3 (r)evolution for All Content Creators

Seecoin is revolutionizing digital engagement, pushing beyond gaming and embracing content creators in various fields. WARSAW, WARSAW, POLAND, May 1, 2025 /⁨EINPresswire.com⁩/ -- seecoin is redefining digital engagement, pushing beyond gaming to …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 1, 2025 - 21:04 GMT

Phoenix Dojo Gala to Honor Resilience and Rebuild Pacific Palisades Martial Arts Studio Lost in the LA Wildfires

Gala set for May 17 at Hilton Santa Monica to help rebuild Gerry Blanck’s dojo, lost in the LA fires, and support martial arts programs for local youth. SANTA MONICA, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- A powerful story of …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 1, 2025 - 20:52 GMT

Water On Demand Featured in Upcoming TV Series 'The Raise'

Highlighting creative solution to trillion-dollar water deficit CLEARWATER, FL, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Water On Demand Inc. (WODI), a fintech-focused company turning water systems into tax-leveraged assets, and American …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 1, 2025 - 19:45 GMT

Brenda Maher Named President of Berkshire Hathaway HomeServices New England and New York Properties

Candace Adams will continue as Chair of the brokerage, along with her new role as Executive Vice President for HomeServices of America NEW YORK CITY, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Brenda Maher, one of the industry’s most …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 2, 2025 - 07:17 GMT

Results of the March 2025 Survey on credit terms and conditions in euro-denominated securities financing and OTC ...

2 May 2025 Price and non-price credit terms and conditions remained largely unchanged between December 2024 and February 2025 Financing rates/spreads and haircuts in securities financing transactions decreased across most asset classes Demand for funding …

Distribution channels: Banking, Finance & Investment Industry
Published on May 2, 2025 - 07:05 GMT

Defiance ETFs Unveils $MST: The First Leveraged MicroStrategy ETF that Seeks to Pay Income Weekly

MIAMI, May 02, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs has launched the Defiance Leveraged Long + Income MSTR ETF (MST), an innovative exchange-traded fund (ETF) that combines leveraged exposure to MicroStrategy Incorporated (NASDAQ: MSTR) aiming for a …

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Published on May 1, 2025 - 18:45 GMT

While the World Debates Education Reform, $4bn Credit Union Funds Radical AI, Cash and Career App for Local Youth

$10,000 United Federal Credit Union grant for earn-and-learn app 'Life Hub' shows early signs of sound financial behaviour change in B&GC youth. AR, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- For the 4.5% of U.S. households …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 2, 2025 - 06:02 GMT

Shell plc First Quarter 2025 Interim Dividend

London, May 2, 2025 − The Board of Shell plc (the “Company”) (XLON: SHEL, XNYS: SHEL, XAMS: SHELL) today announced an interim dividend in respect of the first quarter of 2025 of US$ 0.358 per ordinary share. Details relating to the first quarter 2025 …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 1, 2025 - 17:56 GMT

Revol One Financial® Enduris 6 & 10 FIA™s Can Provide Annuity Owners with Protection from Early Market Volatility

Revol One Financial® Enduris 6 & 10 FIA™s Can Provide Annuity Owners with Protection from Early Market Volatility with the Best Entry Rider URBANDALE, IA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- In a year already marked by sharp market …

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