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...
Goldman Sachs on Tuesday said stocks face a rising risk of a market correction, but a bear market was unlikely. The bank advised investors to buy any dip despite bear market odds.Despite the odds in t...
Nigeria’s Ngozi Okonjo-Iweala is finally set to become the first Black woman leader of the World Trade Organization after a South Korean rival pulled out of the race for the position.The South Korea...
Analysts at Goldman Sachs on Friday named big oil stocks that will rally as much as 54% this year, as the transport market gradually recovers and generate cash returns for investors.The investment ban...
The Nigerian Securities and Exchange Commission (SEC) is the official regulatory body of the Nigerian capital market. The institution is supervised by the Federal Ministry of Finance.The SEC is the ma...
Nomba, a fintech startup, has secured $30 million in a Pre-Series B funding round to provide tailored payment solutions for African businesses. A Pre-Series B funding round of $30 million was oversubs...
Payment company, Visa (V), announced on Monday that customers can use the cryptocurrency USDC Coin to settle payment transactions. The USDC, or U.S. Dollar Coin, which was launched in 2018,...
Nigerian payment gateway SeerBit recently announced a partnership with Wix, a SaaS platform to create, manage, and grow a strong online presence to boost e-commerce in Africa.SeerBit is a subsidiary o...
Wednesday was slightly more profitable than Tuesday on the Nigerian Stock Exchange. At the end of the trading session yesterday, a total of 278,044,318 shares with a market value of N2,272,012,250 wer...
Step, a teen-focused US banking service, has raised $100 million in a Series C funding round led by General Catalyst, and payment platform Stripe. Other investors include celebrities Will Smith, Jared...