In early February 2023, hackers transferred over ₦2.9 billion from Flutterwave accounts. While police investigations are ongoing, Flutterwave is seeking to freeze accounts where some of the money was transferred. A motion to freeze accounts in 27 financial institutions in Nigeria, including Access Bank, Kuda,
After years of resisting advertisements on its streaming platform, Netflix is introducing commercials to its service. Netflix co-CEO Ted Sarandos confirmed on Thursday that the company would begin testing an ad-supported, lower-priced subscription tier. The streaming company is speaking to multiple potential partners to help ease its entrance into the
Ethiopian Airlines is the preferred bidder for Nigeria Air, the Nigerian government said Friday, as it prepares for the commencement of operations of Nigeria’s new national carrier. Aviation Minister Hadi Sirika said at a press briefing in Abuja that Nigeria Air will launch with a shuttle
Since then, the dollar has remained close to the N710 benchmark, exchanging at a lower and slightly higher rate. The apex bank in 2021 prohibited the sale of foreign exchange to BDC operators due to their unauthorised sales of foreign exchange above the market they
Kemisola Bolarinwa is a robotics and embedded systems engineer. She’s also the Founder and CEO of Nextwear Technologies, a company that builds wearables to enhance healthcare. While her invention of the smart bra shot her into the limelight, she discovered why most people shy away from
A Nebraska teenager is facing criminal charges alleging she aborted a fetus in violation of state law, after authorities obtained her Facebook messages using a search warrant. Seventeen-year-old Celeste Burgess, who is being tried as an adult along with her mother Jessica Burgess, is awaiting
The exchange rate between the naira and the US dollar has fallen beyond the N700/$1 threshold at the parallel market on Wednesday, 27th of July 2022, despite starting the day at N675/$1. This is according to information from Bureau De Change operators in Lagos State.
The economy in China isn’t going as well as the Chinese Communist Party would like the world to believe- and a curious sight outside of select financial institutions in the country is proof. Tanks from the People’s Liberation Army were filmed staging around the Henan
The Nigeria Digital Currency – eNaira officially launches on 1st October, 2021. However, a lot of people are wondering what the eNaira is all about or even what it is used for. As a business networking platform, NaturFund.com feels the need to educate its users and as many
2020 was a rough year for most companies around the world. However, even in the middle of a global pandemic, some still managed to achieve excellent results. One of such organisations is Honeywell Flour Mills Plc, a leading food manufacturer in Nigeria. Despite the COVID-19