According to the United Nations, the fight against hunger in Nigeria especially in the Northern region has gotten harder. This is due to the removal of subsidies and increment in fuel prices.The senio...
PalmPay, a leading Africa-focused fintech platform, is set to introduce a savings service that will offer a 20% annual interest savings plan available to all customers this week. The statement wa...
The Grand Africa Initiative (GAIN) and the Development Bank of Nigeria Plc (DBN) have announced the commencement of the second edition of the two firms collaborating together to teach 200 young Nigeri...
What is the definition of a Bank Stress Test?DefinitionBank stress refers to the exercise carried out by bank managers and regulators to measure a bank’s financial strength during economic down...
Companies can pay dividends or purchase back stock to recompense their shareholders in one of two ways. A growing number of blue chips, or well-established businesses, are combining the two. Di...
The stock market has had a wild ride recently. The market has put investors to the test, from pandemic-induced sell-offs to record highs in 2021 and a rocky start to 2022. The S&P 500 is down...
Foreign trade of N39.8 trillion was documented in Nigeria, in 2021. Indicating a 58% rise distinguished to N25.22 trillion documented in 2020. This is in respect to the just-broadcasted foreign trad...
President Muhammadu Buhari has officially opened the state-of-the-art Dangote Fertiliser Urea Plant, which has a capacity of 3 million metric tons per year. He stated emphatically that the project w...
The International Monetary Fund (IMF) has recently announced that it would launch its $1 trillion lending capacity as a strategy to help developed and developing countries fight against the coronaviru...
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 4.20% to close at N2.57 trillion as of 25th of March, 2022, as investors in these banks lost...