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...
The net worth of NBA Legend Michael Jordan and investment guru Mark Cuban have seen an upsurge following the success of their investments in Sportradar. Both Jordan and Cuban invested in Spor...
December 2021 was a turning point for four young Africans who were selected by Twitter’s Jack Dorsey to head the Dorsey and Jay-Z Bitcoin Trust. Three of the four Africans are Nigerians: Obi Nw...
India's neobank, Jupiter raised $45 million in a Series B funding round as the startup prepares for its public launch next month. The round was co-led by Brazil-based Nubank, Sequoia Capital, Glo...
The City of Gold is launching its cryptocurrency. It has been announced that Dubai will release its digital coin called DubaiCoin, which customers can use for both online and physical transactions.Acc...
Daniel Ek, CEO, and founder of music streaming app, Spotify, has expressed interest in owning football club Arsenal. English football club, Arsenal has been having a turbulent time, and fans last...
United Bank for Africa has released its financial report for the first quarter of 2021, and the company recorded a profit before tax of N40.6 billion. This is about N8 billion more than the N32.7 bill...
Tokyo-based venture capital firm, Samurai Incubate disclosed on Friday that it has closed its “Samurai Africa 2nd General Partnership” fund.The VC firm raised a total of 2.026 billion yen (approxi...
United Bank of Africa saw its stocks rise this quarter, with revenue increasing 11% amounting to over N61 billion naira. It went from N559 billion to N620 billion in a year. In its financial repo...
Dallas Mavericks owner and businessman, Mark Cuban offered to channel the $100 billion left in helping Black-owned and women-led businesses that were not included in the federal Payment Protection Pro...