The federal government has announced the Presidential Intervention Fund for Micro, Small, and Medium-Sized Enterprises and Manufacturers in Nigeria, valued at N200 billion.The minister of industry, tr...
What is a Bank? “…an establishment for custody of money, which it pays out on customer’s order.”Oxford DictionaryDefinitionA bank is the major financial institutio...
The Central Bank of Nigeria (CBN) announced it has started selling $10,000 to Bureau De Change (BDC) operators, offering them direct access to US dollars at a discounted rate of N1,021 per dollar.This...
Earning as a Nigerian should be one of the most important questions anyone in 2024 should consider because the country keeps worsening despite several government strategies. How to make money online i...
FCMB Reports Outstanding 67.6% Profit GrowthPerformance Highlights for Q3 20241. Profit Surge• FCMB recorded a 67.6% growth in after-tax profit, rising to ₦82.3 billion in the first nine months of...
Foreign-Owned Firms in Nigeria Face Investment Slowdown Amid Capital DeclineOverviewForeign-owned companies listed on the Nigerian Exchange (NGX) are expected to slow down capital investments in Niger...
Neiman Marcus Group is a Dallas-based department-store chain that was acquired by Ares Management LLC (ARES) and the Canada Pension Plan Investment Board in 2013.It was reported by Reuters on Sunday t...
As part of the government’s strategy to salvage the US economy during the coronavirus pandemic, the Federal Reserve has introduced a bond ETFs program. The program is aimed at supporting credit flow...
Warehousing is an intermediate stage in a collateralized debt obligation (CDO) that includes the purchase of loans or bonds that can serve as collateral in a CDO transaction. It is the accumulation an...
The Nigerian Stock Exchange has fined some 42 companies for failing to adhere to the listing standards of the market. The companies including oil and gas company Conoil Plc, R.T. Briscoe Plc, Roy...