Kenya's Asset Recovery Agency (ARA) received a court order to freeze 56 bank accounts on Wednesday. These accounts were used by 7 firms to launder Ksh7 billion ($59.2 million). The businesses inc...
Cowrywise is a financial advisory and asset management platform built on the concept that investing shouldn't be complicated, with the primary goal of making savings and investment re...
"Big Short" hedge fund manager Michael Burry has been aggressively investing amid the current market plungeSliding equities and plummeting home sales, according to Burry, remind him of the 2008 housin...
To raise funds, publicly listed corporations might sell preferred or common stock to investors.Both can pay dividends, albeit the amount paid out and the timing of such payouts may differ.Between the ...
There is so much buzz going around now about NFTs, and with the buzz has also come increased participation as well.One may be wondering what NFTs are all about, and why they seem to be gaining much at...
Tuesday, March 29th, 2022: At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N417/$1. On Tuesday, March 29th, 2022, the I&E window e...
Airtel Africa, one of Africa’s largest telecommunications companies, has declared openly that it will sell off its cellular tower infrastructure in all 14 regions where it provides internet a...
Fanatics to the fundamentals of investing often recall one of Warren Buffet's initial stock-picking tactics. He chose stocks that were trading at a lower price than their book value. The concept is...
Ethereum has gained popularity as a result of its long-term performance. But it's the cryptocurrency's performance against main rival Bitcoin that's been most astounding. The latter, being the first...
Zenith Bank's N244 billion profit in 2021 driven by a cost of funds reduction Zenith Bank Plc saved significantly more than N14 billion in 2021 due to a reduction in interest expenses to N106.8 bil...