Bank stocks in the United States are on track to have their worst year so far so good, investors who bought into the industry on the hope that the Federal Reserve will raise rates would benefit the...
MTN Group, the parent firm of MTN Nigeria, has announced the purchase of a digital land in Africarare, a South African-based Metaverse.MTN currently owns 144 plots of virtual land with a total space o...
Nestle Nig Plc has revealed its FY 2021 results, displaying a profit of N40 billion, a marginal 2 percent rise over the previous year, on revenue that increased by 23%.Prices of products and services ...
The United States, its European allies, and Canada agreed over the weekend to shut off important Russian banks from the SWIFT messaging system, which connects over 11,000 banks and financial in...
Zenith Bank Plc's full-year audited financial statement for 2021 has been released, with a profit after tax of N244.5 billion, the biggest on record. This represents a 6.07 percent gain from the previ...
Nigeria has filed a lawsuit in a London court against JP Morgan Chase, demanding over $1.7 billion in damages for its role in the disputed 2011 Malabo oil sale. The hearing is set to begin on Wednesda...
AppZone is a fintech software company that is laying the groundwork for Africa's digital financial services infrastructure.Appzone is a company that specializes in banking and payment solutions. The c...
The market capitalization of the top five banks, known as Tier-1 banks or FUGAZ, fell 0.30 percent to N2.68 trillion on February 18th, 2022, as investors in these institutions lost a total of N8.03 bi...
First Bank of Nigeria Limited, Nigeria's primary and leading financial inclusion services provider, has announced a US$100 million finance facility with CDC Group, the UK Government's developmen...
IMF warns CBN that eNaira may lead to new money-laundering and terrorism financing risks The expansion of the eNaira's use to cross-border cash transfers and agency bank networks could result in...