On Monday, October 23, the Federal Executive Council said it was set to approve the application for a $3.45 billion loan from the World Bank to boost five items.These projects include renewable energy...
Fidelity Bank, which is popularly known as Fidelity Bank Plc., is a commercial bank in Nigeria that has its headquarters in Victoria Island, Lagos. Fidelity is a licensed commercial bank with internat...
On Sunday, Rite Aid, an American drugstore, filed for bankruptcy as the firm plans to close some of its stores across the United States as it suffers a decline in sales and opioid lawsuits.In recent y...
Hiba Abouk, the estranged wife of Achraf Hakimi a professional football player for Paris Saint-German called for a divorce earlier this year following allegations of cheating. It’s said that the Spa...
The Chief Executive Officer of Ghana's defunct Capital Bank, Willian Ato Essien, has been sentenced to 15 years imprisonment with hard labour. This ruling was issued by the Accra High Court, which was...
Records show that Nigerian banks have borrowed N12 trillion from the Central Bank of Nigeria (CBN) in the past eight months. The CBN data showed that money borrowed from the apex bank from January to ...
As Nigerian banks continue to endorse digitalization, there has been a shift in revenue. In the first half of 2023, the total revenue generated from electronic transactions was N192.010 billion. These...
One of Africa's leading genomics startups, 54Gene, co-founded by Abasi Ene-Obong is wrapping up its operation. Before the firm started its full-time operation, it underwent three funding rounds in whi...
In the first half of 2023, the stock of global debt rose to $10 trillion, bringing the total to a record high of $307 trillion. This data was reported on September 9, 2023, by the Institute of Interna...
United Bank of Africa (UBA) recently announced an initiative focused on providing unique and detailed financing solutions to help foster small and medium-scale enterprises (SMEs) across the African co...