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Osinbajo
Business

Nigeria: Osinbajo redes CBN on cryptocurrency prohibition, calls for robust regulation

The Daily Leaks

Nigeria’s Vice President Yemi Osinbajo has called for a “robust regulation” of digital currency in the country’s financial system, against the prohibition of this cryptocurrency by the Central Bank of Nigeria (CBN). Prof. Osinbajo, speaking […]

Recession
Business

Nigeria exits recession as GDP grows by 0.11% in Q4 2020

The Daily Leaks

Africa’s biggest economy, Nigeria, has exited recession with its economy witnessing a surprise rebound, recovering faster than expected as the oil price and output increase this year. This development could also point to the growing […]

Brent Oil
Business

Brent crude price continues to rise, crossing $61

The Daily Leaks

• WTI crude rose 0.8 percent to $58.44 a barrel • Last month, Saudi Arabia offered voluntary cuts to its oil production by additional 1 million barrels per day Oil prices rose on Tuesday to […]

Polaris Bank
Business

Polaris Bank rewards first millionaire, others in ‘Save & Win’ promo

The Daily Leaks

A customer with the Polaris Bank, Akpakpava branch, Benin, Edo State, Mr Lucky Okunzuwa, has emerged as the first millionaire at the maiden draw of the bank’s ongoing nationwide Save & Win promo. The bank […]

Cryptocurrency
Business

Central Bank of Nigeria orders closure of cryptocurrency accounts

The Daily Leaks

The Central Bank of Nigeria (CBN) has warned commercial banks and other financial institutions to desist from dealing in cryptocurrency, declaring it illegal. It thereby ordered the closure of such accounts in commercial banks with […]

Maersk
Business

Maersk calls for military action on piracy, kidnapping surge off West Africa

The Daily Leaks

• Record number of crew kidnapped in Gulf of Guinea last year • Regional powerhouse Nigeria takes lead in warding off attacks The world’s biggest shipping company, A.P. Moller – Maersk, has demanded a more […]

Boris Johnson
Business

UK launches new £4.6 bn plan to help coronavirus-hit firms

The Daily Leaks

As England began a fresh lockdown set to last weeks, the United Kingdom government on Tuesday launched an extra £4.6-billion ($6.3-billion, 5.1-billion-euro) package for virus-battered businesses. “This will help businesses to get through the months […]

Fidelity
Business

Nneka Onyeali-Ikpe formally resumes as Fidelity Bank MD/CEO

The Daily Leaks

A new Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, has formally resumed office beginning from January 1, 2021. Onyeali-Ikpe is the first female to occupy the position since the inception of the […]

Fidelity Bank
Business

All eyes on first female MD of Fidelity Bank as Onyeali-Ikpe resumes

The Daily Leaks

By Haruna Danladi When news filtered out that for the first time in its history, the Board of Fidelity Bank Plc, a leading tier-2 commercial bank in Nigeria had appointed a female banker as its […]

PAWN STARS
Business

Property company, PWAN STARS, signs star actor Deyemi Okanlawon

The Daily Leaks

A property development and management company, PWAN STARS, has announced the signing of a talented Nigerian actor, voice-over artist and influencer, Deyemi Okanlawon, as its brand ambassador. This move, according to the Managing Director/CEO of […]

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  • Guinness World Records hails Hilda Baci’s bid to cook argest pot of Nigerian jollof rice
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