The term cumulative, or combined, loan-to-value (CLTV) ratio is used to calculate the total debt on a portion of commercial real estate property in relation to the value of the entire property....
Eke Urum, the co-founder, and CEO of Risevest, a well-known Nigerian-based stock investment platform, quit his position in August as the firm began an investigation of misconduct allegations ...
Nigerian billionaire Femi Otedola's energy-generating plant, Geregu Power Plc, debuted on the Nigerian stock exchange on Wednesday. The electricity generating company was listed on the Main Bo...
Nigerian analytics and insights startup Stears revealed on Tuesday that Serena Williams' investment firm, Serena Ventures, had helped it raise $3.3 million in a seed round. The Omidyar Group...
A B2B SaaS startup called Simpu recently launched a multi-channel communication app to improve interactions and engagements between businesses and their clients. The key feature of...
The largest sugar refinery in Nigeria, Dangote Sugar Refinery Plc, recently reported revenue of N102.863 billion for the third quarter of 2022, up 61.87% from N63.548 billion in the third qua...
Tuesday saw the launch of the first office for Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc., in Lagos, Nigeria. The opening of the new office in Lagos is part of AWS's effort to...
There are very small avenues for Nigerians to make money besides their salary. Given that the unemployment rate is high, it means that people have to look elsewhere to make money. The Nigeria stock ex...
The policy advisory council of President Bola Tinubu has released a report titled 'Policy Advisory Council Report: National Economy Sub-committee,' wherein it has emphasized the need for the federal g...
The Nigerian Central bank issues a new note and ordered banks to collect all old notes that are currently circulating in an effort to prevent cash hoarding cash. Another reason for the new currency is...