Following the support for the National Black Business Month which is in August, Facebook has offered its support by launching an initiative that will both support and create awareness for black ent...
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 ...
In the six months interim result reported by Union bank, the bank revealed that the central bank has increased its total cash reserves requirement from N296 billion to N484.5 billion from the month of...
In 2018, the Federal Reserve listed 23 financial institutions and banks that were owned by African-Americans. Many of these banks were created several years ago in an attempt to present African-Americ...
When the coronavirus pandemic hit the United States, little did business owners and corporations know that it is going to have a drastic effect on their businesses and finances. In fact, the pandemic ...
Netflix (NFLX) rrecently joined the wagon of organizations standing in solidarity against social injustice and racial disparity. Last week, Netflix announced its plan to put aside 2% of its cash...
Billionaire and investment mogul Bill Ackman, at the Forbes Philanthropy Summit, announced his plan to team up with minority-owned investment banks for a major business venture, specifically, female, ...
The current #BlackLivesMatter has created an avenue for black-owned companies to rise against the tide of segregation and discrimination. Black-owned companies that have suffered long-term discriminat...
In the space of 5 years, 2001 and 2016, the numbers of black banks in the United States fell by 54%. What led to the fall is often related to either because some of the banks were acquired or they fel...
In finance, a custodian is simply referred to as a financial institution responsible for holding and safe-keeping customers’ securities, trust funds and other assets to help them prevent loss or the...