The Nigeria Deposit Insurance Corporation (NDIC) has commenced the disbursement of ₦46.6 billion to depositors of the defunct Heritage Bank whose account balances exceeded the maximum...
The Nigerian Exchange Limited (NGX) closed last week on a positive note as the All-Share Index rose by 1.46 percent supported by strong buying interest in...
Stanbic IBTC Holdings Plc reported a robust 79.8 percent year-on-year increase in profit after tax for the three months (Q1) ended March 31, 2025. Profit rose...
Dangote Cement Plc, Africa’s largest cement producer, reported strong earnings for the three months ended March 31, 2025. Group revenue rose by 21.7 percent to ₦994.7...
Oil prices inched higher on Monday as traders remained cautious ahead of the upcoming OPEC+ meeting and amid continued uncertainty surrounding trade negotiations between the United...
United Bank for Africa (UBA) Plc plans to raise an additional ₦144.8 billion this year as the lender works to meet the Central Bank of Nigeria’s...
Sebastian Sawe of Kenya and Tigst Assefa of Ethiopia delivered commanding performances to win the 2025 London Marathon on Sunday as unseasonably warm temperatures challenged the...
Bitcoin led a broad rebound across risk assets last week as it closed at the $95,000 mark to record its strongest weekly performance since early March....
Gold has outperformed major asset classes this month as President Donald Trump’s tariff actions reshaped global markets and pushed investors toward safer assets. However, market strategists...
As of Monday, April 28, 2025, the Nigerian Naira continues to experience fluctuations in the foreign exchange market, particularly in the black market segment. The persistent...