Despite challenges in the global economy and a slowdown in funding across Africa, Nigerian startups have demonstrated resilience by securing $160 million in funding during the...
Fitch Ratings has downgraded China’s economic outlook to negative, citing concerns over the country’s mounting debt and the ongoing slump in its real estate sector. This...
Zimbabwe’s newly introduced gold-backed currency, known as ZiG, surged by 0.2% against the US dollar on its second day of trading. This development has sparked both...
The United States has orchestrated the transfer of seized Iranian weapons to Ukrainian forces. This significant move comes as Ukraine finds itself grappling with a formidable...
The Federal Government of Nigeria has announced an additional public holiday for this year’s Eid-El-Fitr celebration. Thursday, April 11th, 2024, has been designated as the official...
Emirates Airlines is on track to resume its operations in Nigeria by June 2024. The news was confirmed by the Minister of Aviation and Aerospace Development,...
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...