The market capitalization of the top five banks, known as Tier-1 banks or FUGAZ, fell 0.30 percent to N2.68 trillion on February 18th, 2022, as investors in these institutions lost a total of N8.03 bi...
Borrowers who receive student loan forgiveness are relieved of their duty to repay a portion or all of their federal student loan debt. The recent high-profile failure of numerous for-profit...
As audited financial statements become available, firms will propose dividend payments to their shareholders based on the recommendations of their boards of directors.It's also crucial to keep track o...
The phrase 'buy-side' refers to companies that are in the business of buying others, rather than selling them. Investment banks are not usually part of this; although they may advise on the purchase o...
Nigeria has filed a lawsuit in a London court against JP Morgan Chase, demanding over $1.7 billion in damages for its role in the disputed 2011 Malabo oil sale. The hearing is set to begin on Wednesda...
Through its wholly-owned subsidiaries NGX Exchange, NGX REGCO, and NGX RELCO, the NGX Group offers a comprehensive range of services, including securities listing and trading, licensing, market data s...
As the conflict between Russia and Ukraine worsens, trade between Nigeria and Russia worth more than $2 billion is jeopardized. Following the outbreak of the war on Thursday, Nigeria risks experiencin...
Bullish implies a belief that the market, a sector, or a specific stock will rise in value. It's a forecast for steadily rising security prices. Typically, a bigger percentage of market participants a...
Sudo Africa, a fintech company in Nigeria that offers a card-issuing API to developers and enterprises, has acquired $3.7 million in pre-seed capital.Global Founders Capital (GFC), based in San Franci...
Concerns about rising inflation have caused stock market-listed technology companies around the world to have their share values collapse in the first few weeks of 2022. The NASDAQ 100, FTSE 100, A...