Finance

For the eight consecutive session, the Lagos bourse extended its losing streak as the benchmark Index closed 1.93% weaker – the biggest…

The global economy is expected to expand at a 3.2% pace, the same pace as last year. This is below the annual…

Ghana has failed to secure a workable debt deal with two bondholder groups in its push to restructure $13 billion of international…

Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N…

Opening the week, the Lagos bourse extends losses from the previous week, as the benchmark Index fell 0.53% to settle at 101,777.12 points. Losses in Tier-1 banking…

World Bank has said in a report that half of the world’s 75 poorest countries are experiencing a widening income gap with…

The Executive Board of the International Monetary Fund (IMF) said it has selected Kristalina Georgieva to serve as IMF Managing Director for…

To close the holiday shortened week, the All-Share index of the local bourse slipped further by 0.71% to 102,314.56. Bearish sentiment continued…

Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125%…

Guaranty Trust Holdings plans to seek shareholder approval next month to raise up to $750 million in capital, joining other banks in…

Cyberattacks have more than doubled since the pandemic. While companies have historically suffered relatively modest direct losses from cyberattacks, some have experienced…

Opening the week, the local equities closed negative as the benchmark Index fell 0.38% to settle at 103,047.23 points. Profit taking in Tier-1 banking…

International Monetary Fund has said in Blog post that private credit market, in which specialised non-bank financial institutions such as investment funds…

Nigeria’s central bank has barred commercial lenders from accepting foreign currency-denominated collateral to grant Naira loans, a move that could protect the…

Today, the benchmark index of the local market declined by 0.27% to close at 103,437.67 points. Selloffs of MTNN (-0.87%), GTCO (-2.04%), and ZENITHBANK (-1.62%) outweighed…