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GTCO Report Profit Before Tax Of N151.91 Billion 2021 Q3
Guaranty Trust Holding Company Plc has reported a profit before tax of N151.91bn for the third quarter of 2021,…
Tesla Major Investor Has Made $6 Billion On His Investment
Major Tesla investor Ron Baron on Wednesday said that he’s made $6 billion on his investment into the electric…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24…
National Pension Commission Recovered N19.29 Billion Unremitted Monthly Pensions…
The National Pension Commission says it has recovered N19.29bn monthly pensions deducted by employers from…
Newly listed Nigerian Exchange Group Led Gainers With 23.94 Percent
Newly listed Nigerian Exchange Group Plc traded high at the end of last week’s transaction on the equities sector…
AMCON Yet To Pay Arik Air Unsecured Debt Since It Took Over
The Asset Management Corporation of Nigeria “AMCON” has refused to pay to the aviation agencies N9.6 billion and…
Pension Fund Administrators Invested N2.05 Trillion Pension Fund In Banks In 6…
The total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of…
MFS Africa Makes “Second-Highest” Fintech Acquisition In Nigeria
MFS Africa, the largest pan-African digital payments hub, announced that it had signed an agreement to acquire…
FBNH’s Equity In Airtel Nigeria Could Be Over N200 Billion
FBN Holdings Plc, a major beneficiary of Airtel Africa’s buy-back of the unquoted shares of Airtel Nigeria, could…
First Bank OF Nigeria Holdings, Battle Of Major Stakeholder
There is a struggle for the control of Nigeria’s premier banking institution, FBN Holdings Plc.
The fight is…
FBN Holdings Now Aware Of Mr Otedola’s 5.07% Equity Stake
FBN Holdings Plc, the holding company of First Bank of Nigeria, says it has received notification that Femi…
Elon Musk Set To Become First Trillioniare Through His Company SpaceX
Elon Musk, the world’s most renowned entrepreneur and the CEO of two of the world’s largest companies, SpaceX and…
German software giant “SAP” Q3 Revenue Is 20% Above 2020 Q3 Revenue
German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost…
Turkey And Nigeria Sign A Bilateral Agreement On Improving Security And Trade
The need to improve security and trade between Nigeria and Turkey formed the highlight of the bilateral agreements…
Evergrande Shares Dropped By Over10 Percent
China Evergrande shares briefly dropped more than 10% in opening trade on Thursday, after a deal to sell some…
Central Bank Of Nigeria To Promote Entrepreneurship By Supporting Youths With…
The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote…
Bitcoin Hit All Time High
Bitcoin notched a fresh all-time high on Wednesday as investors cheered the successful launch of the first U.S.…
Mortgage Demand Drop By 6.3% Due To Increase In Mortgage Interest Rate
Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases.…
Bitcoin Hit $64,241 After ETF Listing
The price of Bitcoin surged, near the all-time high after ProShares Bitcoin Strategy ETF, the first bitcoin-linked…
Nigeria Stock Exchange Place A Hold On Four Firm Shares Trading
The Nigerian Exchange Limited has suspended trading in the shares of four firms this year for falling short of…
Piggyvest: No User Fund Has Experienced Any Loss Of Any Kind
An ongoing report making rounds on social media claims that Piggyvest lost N2 billion in an alleged scam involving…
Nigerian Exchange Group List Its Issued And Fully Paid Share
Nigerian Exchange Group Plc has listed its entire issued and fully paid 1,964,115,918 ordinary shares of 50 kobo…
Federal Government Of Nigeria Offer N150 Billion Worth Of Bond Up For Auction
The Debt Management Office (DMO) on behalf of the Federal government has offered for subscription N150 billion…
Flutterwave Set To Triple Last Valuation
Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure…
United Wholesale Mortgage Stop Plan To Accept Payment In Crypto
U.S. homebuyers apparently aren’t all that interested in paying their mortgages in cryptocurrencies like bitcoin.…
Nigerian Stock Exchange: Equity Market Gain N95.34 Billion
The equities market of the Nigerian Exchange Limited upturned the previous day’s loss with a N95.34bn gain on…
Adiwale Partners Made Final Close Of It’s First Fund For Investment In…
Private equity firm Adiwale Partners has made a final close of its first fund, nearly two years after making a…
Africa50 Launch $500 Million Infrastructure Acceleration Fund
Africa50, a pan-African investment platform, has launched $500 million Infrastructure Acceleration Fund to bridge…
Stone Three Get Funding From Venture Capital Firm “Knife Capital”
Cape Town-based Stone Three, an industrial internet of things (IoT) firm, has secured funding from venture capital…
AfricInvest Acquires Minority Stake In Royal Exchange General Insurance Company
AfricInvest, a leading Pan-African asset management company has announced the acquisition of a minority stake in…