An investor's risk capacity or tolerance can be evaluated using their time horizon. Generally speaking, an investor can be more adventurous with their portfolio depending on the length of l...
The Central Bank of Nigeria has announced the redesign and printing of new naira notes for selected notes. Besides it being a norm for central banks to redesign local legal tender from time to tim...
The operational and administration costs for running a mutual fund are measured by the expense ratio, which is a percentage calculated on the assets managed by the fund. A mutual fund that doesn'...
The inflation rate in Nigeria currently stands at 20.77%, a 17-year high and an all-time high since 2005. The weakening economy and the global oil crises are the main causes of ...
To enhance Nigeria's payment system, the Central Bank of Nigeria (CBN), Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, and Bankers' Committee have jointly announced a new national card scheme....
Dr. Abasi Ene-Obong, co-founder and CEO of the African genomics startup 54gene, has resigned from his executive position. This news comes just a month after Ogochukwu Osifo, vice president of eng...
Adidas cut ties with Ye, formerly known as Kanye West, on Tuesday following the singer's harsh and antisemitic remarks. Adidas stated in a statement that it does not accept "hate speech" of a...
A B2B SaaS startup called Simpu recently launched a multi-channel communication app to improve interactions and engagements between businesses and their clients. The key feature of...
Notwithstanding volatile market conditions, 2 major Bitcoin organizations are reportedly amassing BTC at the moment. Rich investors are aggressively hoarding bitcoin using global digital asset exch...
11,627.00 ZAC −539.00 (4.43%) 24 Oct, 10:26 SAST When MTN Nigeria (MTNN) was listed on the Nigerian Stock Exchange (NSE) in May 2019, the market capitalization of the exchange incr...