Bank of Japan Holds Interest Rate to Support Economic Recovery
In a recent statement on monetary policy, the Bank of Japan has announced significant adjustments to its approach to yield...
HSBC Reports Q3 2023 Profits of $6.26 Billion, announces $3 billion share buyback.
HSBC, Europe's largest bank by assets, has announced a profit after tax of $6.26 billion for the third quarter of...
Nigeria Seeks $7 Billion from NLNG Dividends to Address Forex Shortage
Nigeria is pursuing a strategy to securitize five years' worth of dividends from the Nigerian LNG Limited (NLNG), with the...
Access Holdings Reports 71% Surge in Foreign Exchange Gain in 9 Month of 2023
In a remarkable financial development, Access Holdings has witnessed a substantial 71 percent increase in its foreign exchange gain, reaching...
Nigerian Students Spend $340.84 Million on Foreign University Applications in the H1 of 2023
Between January and June 2023, Nigerian students aspiring to study abroad have invested a staggering $340.84 million in funding their...
Exxon Mobil Reports $9.1 Billion Third-Quarter Profit Amid Oil Price Recovery
Exxon Mobil Corp announced a third-quarter profit of $9.1 billion on Friday, marking a 54% decrease from its record earnings...
Chevron Records $4.7 Billion Loss for Q3 2023
Chevron reported third-quarter profits that fell significantly short of Wall Street estimates, causing a drop in the company's share price...
Guinness Nigeria Records 5% Drop in Profit Due to FX Loss For Q1 2023
Guinness Nigeria, one of the leading beverage companies in the country, has reported a 5 percent drop in its profit...
Dangote Cement Plc Reports N1.5 Billion Revenue for Q3 2023
Dangote Cement Plc, one of Africa's leading cement producers, has released its condensed consolidated and separate interim financial statements for...
Fidelity Bank Restricts Transfers to Opay and Others Due to Rising Fraud Concerns
Fidelity Bank has implemented restrictions on customer fund transfers to neobanks, including Moniepoint, Kuda, OPay, and PalmPay. Bank customers have...
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