Most Recent Articles by

Rhoda Onuzulike

Business

CBN Eyes N50bn On Cybercrime Levy in 2024

The Central Bank of Nigeria is projected to generate approximately N50bn by the end of 2024 from the newly introduced 0.005 per cent cybersecurity...
Rhoda Onuzulike -
Business

Investors Lose N130bn As Equity Market Reverses Gains

Equity investors lost N130bn as the Nigerian Exchange reversed the previous day’s gain on Thursday. The All Share Index declined by 0.23 per cent to...
Rhoda Onuzulike -
Business

UK’s Train Drivers Accept Pay Deal to End Strike

Train drivers have accepted a pay deal that will see the end of more than two years of strike action in England, Scotland and...
Rhoda Onuzulike -
Business

U.S Federal Reserve Slashes Interest Rates By 0.5%

On Wednesday, the U.S. Federal Reserve implemented a 0.5% cut to its interest rates, marking the start of what many analysts anticipate will be...
Rhoda Onuzulike -
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Russia-Ukraine Peace Talks in Geneva End Without Breakthrough

Negotiations involving Russia, Ukraine and the United States aimed at ending Moscow’s war in Ukraine have concluded in Geneva without a major breakthrough. The trilateral talks stretched late into Tuesday evening and resumed briefly on Wednesday, lasting around two hours. Despite earlier optimism from U.S. envoy Steve Witkoff,...

Sterling Bank And AltBank Complete Recapitalisation Ahead Of CBN Deadline

Sterling Financial Holdings Company Plc (Sterling HoldCo) has confirmed the successful completion of the recapitalisation of its two principal banking subsidiaries, Sterling Bank and The Alternative Bank (AltBank), in line with the Central Bank of Nigeria’s revised minimum capital requirements. The development was affirmed after the group secured...

Peru Congress Impeaches Interim President Jose Jeri

Peru’s Congress has voted to impeach interim president Jose Jeri, marking yet another leadership shake-up in a country that has now had seven heads of state in less than a decade. Jeri, 39, was removed from office on Tuesday over allegations of irregular government appointments involving several women,...