Banking, Finance & Investment

Last week, shares of University Press Plc appreciated by 43.59 per cent, closing at N1.68. This made the company finish the trading week as the highest price gainer. Business Post …

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has partnered with DEG, the German development financial institution supporting the private sector …

The Naira gained 0.23 per cent or 94 kobo against the United States Dollar at the Investors and Exporters (I&E) window of the foreign exchange market on Wednesday, June 2. …

The foreign exchange (Forex) market in Nigeria was thrown into a panic mood on Monday when the value of the Naira significantly depreciated against the Pound Sterling at the parallel …

South Africa’s telecoms operator Vodacom Group is considering selling part of its stake in mobile money platform M-Pesa to unlock value running into billions of shillings from the fast-growing service. …

The Central Bank of Nigeria (CBN) is making plans to create Nigerian bitcoin say CBN Governor, Godwin Emefiele. According to Brand Spur Nigeria the CBN governor announced this at the …

The Naira depreciated against a basket of foreign currencies, the US Dollar, Pound Sterling and Euro, at the unregulated segment of the foreign exchange (FX) market on Tuesday, May 25. …

Investors, business owners, workers and others in Nigeria have been assured an efficient tax system driven by modern technology. This assurance was given by the Minister of Finance, Budget and …

Central Bank of Nigeria (CBN) has debited commercial and merchant banks in the country a total of N120.2 billion for failing to live up to the cash reserve requirement (CRR) …

Last week, the All-Share Index (ASI) and market capitalisation of the Nigerian Exchange (NGX) Limited depreciated by 2.93 per cent to 38,324.07 points and N19.975 trillion respectively. Similarly, all other …