XRP enjoyed gains as its price jumped by about 150percent over the past week. The coin experienced an increase of 38 percent in just 24 hours, from Friday to Saturday, as Ripple won a major legal case...
Chinese e-commerce giant Alibaba has been fined 18 billion yuan (approximately $2.75 billion) by regulators over anti-trust issues as the country seeks to promote business diversity.“Today, we recei...
The coronavirus pandemic and ensuing lockdown wreaked havoc on Africa's economy and saw a lot of people lose their sources of income. Others, however, did just fine and even managed to perform even be...
The Nigerian Securities and Exchange Commission SEC has warned of the proliferation of unregistered online investment and trading platforms that facilitate access to securities trading listed in forei...
Mr. Oscar Onyema, CEO of the Nigerian Stock Exchange has ended his 10-year tenure as CEO. This was announced by the NSE in a statement issued by Mr. Olumide Orojimi, the Head of Corporate Communicatio...
On Thursday, the Securities Exchange Commission (SEC) released a statement warning investment platforms against trading unregistered foreign stocks.The statement reads:"The Securities and Exchange Com...
Recently the Central Bank of Nigeria (CBN) has been tracking down suspicious bank transactions of businesses and individuals and has frozen 11 accounts so far.CBN announced on Wednesday that it got an...
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...
Regardless of the ongoing evolution and digitalization of the Nigerian economy, traditional banks, especially commercial banks, churn in the most profits among all sectors of the Nigerian economy.In t...
Scion Asset Management CEO and legendary trader Michael Burry reportedly deleted his Twitter profile on Tuesday after weeks of warning his followers of the potential market crash. He warned about the ...