Banking, Finance & Investment

After almost nine years without paying dividends, UPDC Plc has announced plans to reward its shareholders once again. This move marks a major step in the company’s financial recovery and …

Abbey Mortgage Bank Plc has announced strong financial results for the first quarter of 2025, posting a 68.64 per cent rise in gross earnings to N3.77bn, up from N2.24bn recorded …

The Nigerian Exchange Limited (NGX) added N966bn in market value last week, helped by improved investor confidence and strong performances by major banking and consumer goods stocks. The market only …

Ten of Nigeria’s commercial banks have collectively remitted a total of N987.40bn in corporate income tax to the Federal Government for the 2024 financial year, according to their financial statements …

Nigeria has officially opened discussions with JPMorgan to re-enter its Government Bond Index for Emerging Markets (GBI-EM), almost a decade after being delisted. The Director-General of the Debt Management Office …

The Federal Government has disclosed that 107 companies invested a total of N2.53tn into the Nigerian economy before qualifying for their tax exemption approvals. The companies made these investments across …

The Central Bank of Kenya (CBK) has announced that it will lift the moratorium on the licensing of new commercial banks after almost ten years. This decision, set to take …

The Central Bank of Botswana has again decided to maintain the country’s main interest rate at 1.90%, marking the fourth time in a row that the rate has stayed unchanged. …

President Donald Trump’s recent decision to impose fresh tariffs on several imports has sparked serious conversations about the health of the U.S. economy. Many business experts and top economists have …

The United Arab Emirates (UAE) has now become the biggest foreign investor in Africa’s new business projects, with a total commitment of $110 billion between 2019 and 2023. Out of …