Banking, Finance & Investment

Africa’s energy sector is drawing attention from powerful global players, with Russia positioning itself as a key partner. The continent, rich in oil, gas, and other natural resources, stands at …

Wema Bank Nigeria has released its audited consolidated financial statements for the year ending December 31, 2024, to the Nigerian Exchange Group (NGX), proposing a final dividend of N1 per …

The sixth annual Venture Capital Activity in Africa report has revealed that Africa’s venture ecosystem experienced a 22% decline in deal volume and a 28% drop in deal value in …

Guaranty Trust Holding Company Plc (GTCO) has announced an impressive 107.8% growth in profit before tax, reaching N1.266 trillion for the financial year ended December 31, 2024. This marks a …

Zenith Bank Plc has continued its impressive financial performance, reporting a profit before tax (PBT) of N1.3 trillion for the 2024 financial year. The bank also proposed a final dividend …

Bankit Microfinance Bank (MFB), a Pan-African fintech company, is using games to help Nigerians learn about managing money better. The bank believes that by making financial education fun, more people …

Nigeria is set to strengthen its economic partnerships with the Organisation for Economic Co-operation and Development (OECD) as part of a broader strategy to drive essential economic reforms and attract …

Keystone Bank has taken full control of Bacita Sugar Company, also known as Josepdam Sugar Company, after the firm failed to repay a debt of N25.3 billion. The financial institution …

Tony Elumelu, the chairman of United Bank for Africa (UBA) Plc, is poised to receive dividends exceeding N7 billion following the bank’s declaration of a final dividend of N3 per …

The Federal High Court in Port Harcourt, Rivers State, has dismissed a lawsuit filed by First Bank of Nigeria against General Hydrocarbons Limited (GHL), an energy company owned by Nduka …