Real estate investors have always been the wealthiest people throughout history due to the high demands of building infrastructure in the time we live in today. Many investors own real estate, bu...
As Fintech continues to foster financial inclusion in Nigeria, it would be great if we know some of the founders of these firms and when they were founded. Below are the top 20 FinTech innovators in N...
Nigerian Exchange Limited (NGX) says it’s planning to admit the Nigeria Infrastructure Debt Fund (NIDF), which is a N200 billion public infrastructure investment fund by Chapel Hill Denham.The NGX, ...
11th District Cost of Funds Index is a monthly cost of fund index (COFI) portraying the weighted average interest paid by western states financial institutions on savings and checking accounts. The fi...
Unity Bank Plc recently announced plans to strengthen its digital banking services despite the bank report for Q3 that ended September 2023 showing how the bank recorded a loss of N47.917bn.The unaudi...
Carbon, a top digital fintech service provider, has acquired Vella Finance, a Nigerian firm focusing on small and medium-sized enterprises.The fintech giant announced the acquisition of Vella Finance ...
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Access Bank Plc, a subsidiary of Access Holdings Plc, has announced that it has signed a binding agreement with Kenyan-based KCB Group Plc (KCB) to purchase all of the issued shares of National Bank o...
A bailout is said to happen when a business, an individual, or the government provide a failing company or government with capital or resources (capital injection). This usually happens when a company...
Cadbury Nigeria Plc, a consumer goods company, has announced that it will not pay dividends to its shareholders for the 2023 fiscal year because it suffered a huge loss of N19.09 billion after taxes.A...
The management of the United Bank for Africa (UBA) has revealed that, with an excess of N2 trillion in shareholder funds, it intends to raise additional capital when the time comes, in compliance with...