Square Inc. announced Thursday that it is buying a majority stake in Jay-Z’s Tidal worth $297 million in cash and stock.The payment company has successfully created a one-stop financial shop for all...
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...
Infinity Trust Mortgage is a Nigerian financial services company that concerns itself with providing mortgage banking, construction finance, and other financial services to individual and corporate cl...
The National Bureau of Statistics has reported that the rate of inflation in Nigeria has gone up to 18.17 percent in March, the highest ever since 2017. The report shows that more and more Nigerians a...
United Bank for Africa has released its financial report for the first quarter of 2021, and the company recorded a profit before tax of N40.6 billion. This is about N8 billion more than the N32.7 bill...
Prince Mohammad Bin Salman of Saudi Arabia has disclosed that the country was holding talks to sell 1 percent of state oil firm Saudi Aramco to a global energy company. The Crown Prince said that...
The market capitalization of the Nigerian Exchange (NGX) has dropped for the third consecutive day by N299 billion to end Wednesday's trading day at N20.04 trillion.At the end of Wednesday's session, ...
The CDC has confirmed the first case of Omicron Coronavirus variant in the USA, it was detected in California, and the stock market sold off to this news. A traveler who returned from South Africa on ...
A source has confirmed that William Bill Ackman's Pershing Square Tontine Holdings (PSTH.N) is holding negotiations with Universal Music Group, the largest music publisher in the world. This deal, whi...
Novavax, a small biotechnology company based in Maryland, announced on Monday that its Covid-19 vaccine was found to be safe and up to 90.4% effective in its Phase 3 clinical trial involving nearly 30...