FINANCE TOP STORIES

Nigeria Loses ₦151.78 Billion In Crude Oil Monthly – NNPC

Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum Corporation stated on Wednesday. Brent, the oil against which Nigeria’s crude is priced, was $66.75...

Matthias Sunday

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FINANCE TECH REPORT

Paystack Investors Enjoys 1440% Return On Investment

It was indeed a big day for the African startup ecosystem as it was distribution day for individual and corporate investors who invested in Paystack. A lot of investors took to Twitter to express their joy in...

Matthias Sunday

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FINANCE POLICY ISSUES TOP STORIES

Uk Endorses More Foreign Direct Investments Into Lagos

The British Government over the weekend gave a seal of approval for more foreign investments in Lagos, as plans get underway for the take-off of the first waste to energy plant in the State. The Deputy British...

Matthias Sunday

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Category - FINANCE

FINANCE

NNPC Operational Expenses Of Idle Refineries Hit ₦6 Billion In October

Without production, the three national refineries recorded N6 billion operational expenses in October 2020, The Nation learnt Tuesday. The total value of output by the refineries for the period under review was N0...

February 3, 2021

2 min read

FINANCE

Julius Berger Records 8.35% And 86.83% Drop In Revenue And Profit In 2020

Julius Berger Nigeria Plc, a planning and constructing a group of companies with a market capitalization of more than ₦30 billion, involving in all kinds of civil engineering works with seven subsidiaries, released its...

February 2, 2021

3 min read

FINANCE

Cowrywise raises $3m pre-series A funding.

Nigerian fintech startup, Cowrywise, raises $3m pre-series A funding led by Quona Capital. Nigerian wealth management startup, Cowrywise, has announced that it has raised $3 million pre-series A funding. The round was...

January 29, 2021

3 min read

FINANCE

Union Bank Nigeria rejects claims against alleged sale of shareholder stake

Union Bank has rejected claims that its majority shareholder, Atlas Mara is considering selling its 50% stake. The Union Bank of Nigeria Plc has today issued a disclaimer against an unsubstantiated...

January 28, 2021

2 min read

FINANCE

Union Bank’s Principal Owner ‘considering Sale Of 50% Stake’

The holder of the biggest stake in Union Bank of Nigeria is contemplating its future with the Lagos-based lender, as its 49.97 per cent ownership has received acquisition offers from domestic bidders, Bloomberg has...

January 25, 2021

2 min read

FINANCE

7 Ways To Get Out Of Debt In 2021

It is easier to get into debt than to get out of it. Most times, you incur a loan in a matter of minutes while it could take months or years to pay it off. With the increase in online loaning apps, falling into the trap...

January 25, 2021

5 min read

FINANCE

See how Access Bank got Japaul to pay N37 billion loan that had gone bad

In 2018 when Access Bank took over Diamond Bank, in what is the largest merger in Nigeria’s banking history, they knew it was not a match made in heaven like their PR agencies will make you believe. In merging with...

January 22, 2021

6 min read

FINANCE

Alibaba’s shares boost as Jack Ma reappears

Shares in internet giant Alibaba soared more than eight per cent Wednesday after billionaire founder Jack Ma made his first public appearance since November, ending weeks of speculation about his whereabouts after the...

January 22, 2021

3 min read

ARTICLES FINANCE

6 Easy Steps to Securing a Financially Balanced Future

All the hustle and bustle today is to ensure that tomorrow is comfortable. Beyond our daily hustle, we should all make plans for a financially secured future. Starting tomorrow early is not easy but is worth the while...

November 18, 2020

3 min read

ARTICLES BIZ TIPS FINANCE

ESSENTIAL ELEMENTS NEEDED TO SUCCESSFULLY PIVOT YOUR BUSINESS

Companies looking at changing their models to adapt to the crisis have been using the term “pivoting” extensively. We already know that a pivot is a hinge point that allows you to exert less force to move a...

October 25, 2020

5 min read