Silicon Valley Bank, a leading financial institution in California, has become the first FDIC-insured bank to fail this year. The bank's closure was initiated by the state regulators, who found that t...
On Tuesday, the National Bureau of Statistics released a statement on how the federal government was able to generate N709.59 billion as Value Added Tax (VAT) in Q1 2023 compared to the 2022 VAT repor...
Awards came in for one of Zenith's special in the person of Dr. Mukhtar Adam, the Chief Financial Officer of Zenith Bank Plc, who was awarded the 'Chief Financial Officer of the Year' at the just conc...
At the end of Tuesday's trading session on the Nigerian Exchange (NGX), 250.2 million shares were transacted in 3,534 deals, which correspond to a market value of N1.55 billion. This data, when compar...
Google For Startups (GfS) recently unveiled the 25 African-based startups that have been chosen to receive funding from this year's $4 million Black Founders Fund. The cohort comprises a total of 40 s...
The stock market began the week with N75 billion gain due to investor interest in MTN Nigeria Communications (MTNN) Plc and 24 other companies.As a result, the All-Share Index increased by 138.63%, or...
The Nigerian stock market declined by N15 billion in yesterday's trading session due to declines in Geregu Power Plc and 23 other companies.The All-Share Index (ASI) fell 27.06 points, or 0.04%, to fi...
Paystack has announced its plan to reduce its operations outside of Africa, reducing the number of employees in Europe and Dubai, affecting 33 employees working with the payment platform. This an...
On Monday, the Nigerian Exchange Limited recorded a loss of N259 billion following the losses that were seen in equities of some medium-cap companies and this pushed the market capitalization to loss ...
At the end of Tuesday's trading session on the Nigerian Exchange Group, a total of 218.5 million shares were transacted in 3,630 deals, corresponding to a market value of N1.590 billion. When compared...