The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 0.66% to close…
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Covers latest business tips, economy gist, financial reports etc.
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 1.30% to close at N19.75 trillion from…
Investors of Seplat Energy Plc recorded a loss of about N70.56 billion from trading in the shares of the company…
Access Holdings Plc has announced that its subsidiary, Access Bank Plc has completed the divestment of its entire equity interest…
The Miners Association of Nigeria has called on the Nigerian Government to check the activities of Chinese miners “scavenging” for…
Bitcoin dug in following its Thursday climb back above the psychologically significant $20K level. After a month to forget in…
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria…
The Speaker of the Ogun State House of Assembly, Olakunle Oluomo has been arrested by the Economic and Financial Crimes Commission. He was…
Nigerians spent over a billion dollars on beverages such as alcoholic and non-alcoholic drinks in the first half of 2022. …
Fidelity Bank Plc informed investors it has agreed to buy 100% of Union Bank UK, a subsidiary of Union Bank…
Thursday, 25th August 2022: The exchange rate between the naira and the US dollar closed at N430.67/$1 at the Investors and…
In anticipation of Federal Reserve Chair, Jerome Powell’s highly anticipated speech, which investors believe would provide hints on the U.S.…
China has stated that it will forgive 23 interest-free loans to 17 African countries and will also provide food assistance…
South Africa’s unemployment rate fell to 33.9% in the second quarter (Q2) of 2022, from 34.5% in Q1 2022. This…
Nigeria’s Debt Management Office has disclosed that a strong and comparable revenue base will reduce the need for relatively large…
South Africa’s annual consumer inflation reached its highest level in 13 years, increasing to 7.8% in July from 7.4% in…
Actis, a leading global investor in sustainable infrastructure has recently concluded the first close of its real estate fund, Actis…
Touch and Pay Technologies, the number one NFC & transport payments processor in Nigeria is officially announcing the launch of…
Apple said it has discovered two serious security flaws in iPhones, iPads, and Macs, which could potentially allow attackers to…
Nigeria’s B2B e-commerce company, Omnibiz, said it has closed a $15 million pre-Series A round comprising $5 million in equity and $10 million in…