United Bank for Africa Plc (UBA) has announced the approval of its financial statements for the half year ended June 30, 2024, during a board meeting...
MTN Nigeria, one of the country’s leading telecommunications giants, has successfully renegotiated its tower lease agreements with IHS Towers, a strategic move expected to save the...
Despite the challenging environment following the Central Bank of Nigeria’s intervention in January 2024, Union Bank of Nigeria has reported a profit before tax of N79.8...
Adesuwa Ezenwa, a former employee of First Bank of Nigeria Limited, has leveled serious allegations against billionaire industrialist Oba Otudeko, accusing him of orchestrating a massive...
Airtel Africa, a major player in telecommunications and mobile money services across 14 African nations, has announced the initiation of the second tranche of its $100...
The Nigerian equities market closed lower last week with the NGX All-Share Index (NGXASI) falling by 1.51% to close at 97,100.31 points. This decline reflects a...
Bitcoin declined by approximately 9% in August amid the US government’s decision to move $600 million worth of seized Bitcoin to a wallet on Coinbase, the...
As the October cocoa harvest approaches, optimism is growing among West African farmers buoyed by soaring cocoa prices. However, the industry faces persistent challenges, particularly from...
MTN Group Ltd., Africa’s largest wireless carrier by revenue, has reported its first loss in seven years due to the steep devaluation of the Nigerian naira....
Standard Bank, one of Africa’s leading financial institutions, is making strategic moves to deepen its investments in Nigeria and Angola, according to CEO Sim Tshabalala. The...