Nigeria's Foreign Portfolio Investment (FPI) of $3.39 billion as of 2021 crashes to 34% compared to $5.16 billion reported last year, according to the information from the CBN. The annual Foreign P...
United Bank for Africa (UBA) Plc, Africa's Global Bank, has released its audited results for the full year ending December 31, 2021, revealing strong performance in key financial measures.The bank's 2...
Guaranty Trust Holding Co (GTCO) Plc reported a profit of N175 billion in its first full-year financial results as a group in 2021. This represents a reduction of 13.21% over the previous year.In addi...
As published through a report documented with the Exchange and approved by the company’s secretary and chief legal counsel, Temitayo Adegoke. Sterling Bank Plc has announced the retirement...
In economics, inflation is defined as a gradual increase in the price of goods and services in a given economy. When the general price level rises, each unit of currency buys fewer products and servic...
MTN Group, the parent firm of MTN Nigeria, has announced the purchase of a digital land in Africarare, a South African-based Metaverse.MTN currently owns 144 plots of virtual land with a total space o...
Russia's invasion of Ukraine poses significant risks to a global economy still recovering from the effects of the COVID-19 pandemic. The war appears to be Europe's most serious conflict since 19...
The United States, its European allies, and Canada agreed over the weekend to shut off important Russian banks from the SWIFT messaging system, which connects over 11,000 banks and financial in...
Bitcoin increased by 13% on Tuesday, extending its strong recovery as Russia's war on Ukraine continues and the US tightens sanctions. According to CoinDesk data, the cryptocurrency was up m...
The names, Bank Verification Numbers (BVNs), and account numbers of clients who accessed foreign exchange under false pretense and refused to return it have been published by some Nigerian banks.This ...