Akinwumi Adesina, the esteemed President of the African Development Bank (AfDB), has revealed plans to establish an entrepreneurship investment bank in Nigeria, heralding a new era of economic vibranc...
The Central Bank of Nigeria (CBN) has recently released new guidelines regarding contactless payments in the country. These guidelines, outlined in a circular signed by the Director of the Payments Sy...
In a Friday report, the International Monetary Fund IMF said banks across the major nine global economies will struggle to generate profits for the next five years even as global economies recover. St...
Rapper Killer Mike, also known as Michael Render, is advocating for more support from society to help black-owned banks thrive. The rapper has been advocating for black-owned businesses and banks for ...
Hertz Global (HTZ) shares fell on Tuesday after the company’s announcement of seeking debtor-in-possession financing following its failed share sale plan. Shares of Hertz were down nearly 2% to $1.6...
After years of creating millions of fake accounts for profit, Wells Fargo agreed to settle claims in February 2020. The bank will pay $3 billion to settle claims linked to its years of fraud, with an ...
Nigeria now the country with the least access to electricity in the world.According to a report released by the World Bank last week, Nigeria has surpassed The Republic of Congo, to have the highest n...
FBNQuest Merchant Bank Sells Commercial Paper worth 15 Billion Naira FBNQuest Merchant Bank Limited, a part of FBN Holdings Plc, is offering commercial paper worth N15 billion to investors. FB...
The House of Representatives has asked the Central Bank of Nigeria (CBN) to temporarily suspend the implementation of the regulation requiring banks to collect and verify their clients' social media h...
CastleOak Securities. L.P, founded in 2006, is a boutique investment bank and one of the largest African-American owned investment banks that concentrate on the capital markets. CastleOak specia...