Investments are essential if you want to increase your assets and catch up with the rate of inflation. Cash loses purchasing power over time as a result of inflation. Therefore, if you haven't inv...
According to data from the FMDQ Securities Exchange, the Central Bank of Nigeria (CBN) invested $581 million in foreign exchange interventions at the Nigerian Autonomous Foreign Exchange Market this y...
In the first quarter of 2024, United Bank for Africa's post-tax profit increased by 166% to N142.58 billion, driven primarily by a significant rise in interest income.UBA's interest income increased f...
There are a lot of stock trading strategies out there, and each market around the world has something that may work for investors who are ready to make money. The Nigerian stock market is a market tha...
Nigeria's currency in circulation declined by N37.94 billion in February to N3.25 trillion, down from N3.29 trillion in January 2022. On a month-to-month basis, this reflects a 1.2 percent decreas...
Kenya's Asset Recovery Agency (ARA) received a court order to freeze 56 bank accounts on Wednesday. These accounts were used by 7 firms to launder Ksh7 billion ($59.2 million). The businesses inc...
FBN Holdings, the parent company of Nigeria's oldest bank First Bank, disclosed Otedola's transactions to the Nigerian exchange earlier this month as part of its Insider Dealing notification...
In the face of adverse conditions, Nigerian companies have successfully defied economic challenges and achieved remarkable financial results. Despite encountering high inflation and sluggish economic ...
Access Holdings recently reported that its profits increased by 306.91% to N619.32bn for the financial year 2023, far from the corresponding year, which settled at N152.20bn in 2022.This was revealed ...
Aliko Dangote, the wealthiest Black billionaire globally and the founder of Dangote Group, has played a vital role in shaping Africa's business landscape and elevating Nigeria to become one of the mos...