The Central Bank of Nigeria is the main regulatory banking and financial institution in Nigeria. The Naira is the official currency used in Nigeria as a mode of payment and to carry out monetary trans...
The Nigerian stock exchange (NSE) is the official stock exchange in Nigeria. It was founded as the Lagos Stock Exchange on September 15, 1960, but operations didn’t begin until August 25, 1961. The ...
The Nigerian federal government indicated that it listed two new FGN savings bonds this month, March 2021. The FGN savings bond was listed on the Nigerian stock exchange on March 24, 2021.&...
Nigeria's National Petroleum Corporation (NNPC) announced an 80 percent increase in trading surplus. In December 2020, the figure was N24.19 billion, a big jump from the N13.43 billion recorded just a...
On Thursday, the All-Share Index moved by 0.53 percent (207.86 points) to 39,293 from the 39,085 it was on the previous day. This reduces the monthly and yearly losses to about 1.3 percent and 2.4 per...
The biggest cement manufacturer in the country, Dangote cement, just declared a record high revenue of N1.03 trillion in its financial statement for the year 2020. This makes it the second Niger...
In the current economic climate, everyone is seeking ways to branch out into business, whether as a side hustle or main means of livelihood. Unemployment rates have tripled in the last five years, wit...
Greenwood has taken more steps in becoming the biggest digital banking platform for Black and Latinx communities in the U.S.On Thursday, the digital bank announced that it had closed a $40 million Ser...
Sequoia Capital India on Thursday announced the success of its second seed fund at $195 million.According to the company, the second seed fund will be committed to backing talented entrepreneurs acros...
A 1982 painting by Jean-Michel Basquiat titled “Warrior” recently sold for $41.9 million at Christie’s auction in Hong Kong.The painting is believed to symbolize the struggles Black men face in ...