Zenith Bank, one of Nigeria’s leading financial institutions, is set to distribute dividends totaling N109.88 billion to its shareholders for the 2023 financial year. The announcement...
FBN Holdings, one of Nigeria’s leading financial holding companies, has announced its intention to seek shareholders’ approval for a N300 billion capital raise. The decision comes...
Wema Bank Plc’s profit before tax (PBT) for the 2023 fiscal year increased by 196% to N43.59 billion compared to N14.75 billion recorded in the previous...
Guaranty Trust Holding Company Plc (GTCO) has announced a strong profit before tax (PBT) of N609.3 billion for the 2023 financial year. This represents an increase...
Nigeria has successfully secured a significant oil-backed loan worth $1.05 billion from the African Import Export Bank. The syndicated loan, set to be disbursed next month,...
The world’s largest commodity trading firms have once again emerged triumphant, raking in record profits amidst the aftershocks of Russia’s invasion of Ukraine. Despite some decline...
Trump Media & Technology Group Corp., the social media predominantly owned by former U.S. President Donald Trump, has lost $2.8 billion in market value in the...
Tigran Gambaryan, a high-ranking executive at Binance Holdings Ltd., finds himself behind bars in Abuja, Nigeria amidst allegations of tax evasion and fraud. Gambaryan, the head...
As geopolitical tensions continue to simmer in the Middle East, global oil prices are edging closer to a significant milestone, hovering near a five-month high. Brent...
As of April 9th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,200 NGN in the black...