First republic bank share has sold off by a lot in the past days since the bank run news broke out. Just like SVB, the Silicon Valley bank that is facing bankruptcy due to a bank run, FRC is also stru...
Jaiz bank has offered to pay dividends for the period ending December 3, 2022. This is the 4th month of the year in 2023 and the Nigeria bank is just now paying it’s dividend. Jaiz bank will pay a d...
Despite the economic struggles, six banks in the Nigerian financial sector are reported to have gained profits by 214% to N2.06tn in the period that ended September 2023 when compared to the correspon...
Stocks yesterday at the Nigerian Stock Exchange (NGX) finished negative as investor's profit-taking in major financial stocks pushed market capitalization down by N192 billion.Major stocks saw a decre...
Since the suspension of the previous CBN Governor, Godwin Emefiele, he has been probed over some illegalities concerning money laundering. Still, the recent investigation report shows that Emefi...
It has been reported that FX inflows at the Nigerian Autonomous Foreign Exchange Market (NAFEM) increased by 66.7% last week to settle at $2.2 billion after local commercial banks followed the directi...
A bank in the general sense is simply a financial institution which receives customer deposits. Due to the fact that banks have control over the money of the general population, they are usually highl...
Tinubu's visit to Mecca, Saudi Arabia, on Monday has been on a positive scale as negotiations continue, as he is clamouring for a multi-billion-dollar infrastructure finance facility to be financially...
In a Friday memo to employees, JP Morgan said it was giving all its bank tellers and other “front-line” employees a $1,000 bonus as an incentive for working during the coronavirus pandemic. The pu...
Hertz global holding Inc (HTZ) operates a car rental service and it's been around since 1918. The company is trading under stock symbol HTZ, its market cap is $404 million. Hertz stock was tradin...