According to BUA Cement Plc, the group's fuel and energy consumption rose from N26,466 billion in HY 2021 to N43.580 billion in HY 2022, a 64.66 percent rise. In comparison to the overall net sal...
According to leaked confidential documents seen by CNBC, FTX drove the cryptocurrency frenzy to a billion dollars in sales last year while growing its global reach through a spree of deals....
Ogechi Yvonne Obike, the Chief Operating Officer (COO) and Co-founder of Payday, has recently declared her intention to step down from her position. Although no specific date was provided for her depa...
When predicting future interest rates, finance theory offers some specific advice. It is a market strategy that is founded on sound theoretical presumptions from the field of economics, such as ef...
Spleet recently raised $2.6 million in a seed funding round, which was led by MaC Venture Capital, to expand its operations. Several other investors participated in this round, including Noemis Vent...
The Kogi State government recently ordered the closure of the largest cement factory in Nigeria, Obajana, which is powered by Dangote Industries, after claims that the factory's acquisition was defe...
What is an Interval Fund? An Interval Fund is a type of closed-end fund which provides investors with liquidity at predetermined intervals, usually quarterly, semiannually, or annually. ...
Fintech has become a buzzword in Nigeria's financial sector, with new startups launching daily to disrupt traditional financial services. These fintech firms offer innovative solutions to the ag...
As of February 2023, farmers have returned N503bn, or 52.39 percent, under the Anchor borrowers scheme, according to data released by the Central Bank of Nigeria.On Monday, AbdulMumin Isa released a s...
The Central Bank of Nigeria (CBN) has issued a circular outlining new restrictions on the use of Point of Sale (PoS) terminals by agents for cash-in and cash-out transactions. The circular also includ...