The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 4.20% to close at N2.57 trillion as of 25th of March, 2022, as investors in these banks lost...
To ensure sustainability, the Nigerian Exchange Group Plc (NGX Group) says it would focus on four pillars: community, marketplace, workplace, and environment. This was stated by Oscar Onyema, the N...
As the benchmark All-Share Index (ASI) depreciated by 20 basis points, the NGX closed on a negative note amid sell-offs and buy-interests. The NGX ASI ended the day at 47,156.56 points, down 0.20 ...
President Muhammadu Buhari has officially opened the state-of-the-art Dangote Fertiliser Urea Plant, which has a capacity of 3 million metric tons per year. He stated emphatically that the project w...
Simplifyd has raised US$500,000 in pre-seed funding to unravel the challenges connected to accessing affordable data. The new funding came from Future Africa and Y combinator - after Simpl...
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...
On Friday, CNBC's Jim Cramer analyzed new technical analysis from expert chartist Larry Williams, whose own market indications imply that Alphabet, which is the parent company to Google, Amazon, and C...
For the financial year ended December 2021, Access Bank Plc declared a final dividend payment of N0.70 kobo per 50 kobo ordinary share to every shareholder. This brings the total payment to N1.00 k...
Tesla stock Surges and causes Elon Musk’s net Wealth to reach $232billion Elon Musk, the CEO of Tesla and SpaceX, is still the wealthiest person on the planet. Tesla stock soared at the close of ...
Amazon announced on Thursday that it has completed its $8.5 billion acquisition of MGM, bringing together the legendary film studio with the e-commerce giant as it seeks to attract more customers...