The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …
Cutix Plc, a Nigerian cable manufacturing company listed on the Nigerian Exchange, has reported a sharp decline in profit for the first quarter of its 2025 financial year. The company’s …
The Central Bank of Kenya (CBK) has rejected requests to exempt bank staff loans from its new loan pricing system, insisting that all borrowers must operate under the same rules. …
The world’s seven largest tech companies—Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia, and Tesla—collectively reported a staggering $143 billion in net profit for the second quarter of 2023, marking a 27.6% …
Cornerstone Insurance Plc has announced changes to its board of directors, with the exit of Mr. Emeka Anthony Ogbechie and the appointment of Mr. Ejakhaluse Zoe Omonkhogbe as a Non-Executive …
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
South Africa’s Competition Tribunal has confirmed settlement agreements involving WesBank, FirstRand, and subsidiaries of Toyota, over allegations of uncompetitive behaviour in the country’s vehicle financing sector. The companies will pay …
The Reserve Bank of Malawi (RBM) has announced that it will exempt certain companies from the mandatory conversion of export proceeds under its newly issued repatriation of export proceeds directive. …
The Managing Director of Sanlam Allianz Life Insurance Ghana, Mr. Tawiah Ben-Ahmed, has called for a new approach to financial security in Ghana, stressing that workers’ salaries should be insured …
Stablecoins are expected to play a leading role in Nigerian business transactions within the next one to three years, according to Zabira Technologies, a digital assets exchange platform. The company …
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