Tony Elumelu: King of the urban jungle
When the retirement of the Group Chairman, United Bank for Africa (UBA), Mr Anthony Onyemaechi Elumelu, known generally as Tony Elumelu, was announced, a million...
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Inside the Hedge Fund Position Shifts Quietly Reshaping Global Markets
When the world’s most sophisticated pools of capital quietly rotate their bets, markets move — sometimes violently, sometimes in slow, grinding shifts that only...
61% of Nigerians demand interest rate cut ahead MPC
61% of Nigerians want the CBN to reduce interest rates, according to a new report. Businesses are particularly keen on an interest rate cut to ease borrowi Read...
Alert MFB assets hit N50bn amid rising credit demand
Alert Microfinance Bank’s assets soar to N50bn, demonstrating growth despite Nigeria’s tough economy and rising credit demand. Read More...
A weak yen turned Tokyo into a steal. A strong shekel turned Tel Aviv into the world's most expensive city to buy McDonald's
A new Deutsche Bank report highlights how defense spending bolstered the shekel and a weak yen helped Japan have the cheapest iPhones in the world.
Bank of England to stop accepting bonds linked to coal for key loans
Campaigners hope move will will force commercial banks to rethink holding assets linked to the fossil fuel
Charting the Global Economy: US CPI cools, China growth slows
US inflation data eased in June, prompting investors to lower interest rate hike bets. China's economy slowed more than anticipated, increasing pressure for...
Home sales in Europe: Where did they rise most in 2025?
Home sales rose in 17 of 20 European countries in 2025 as lower borrowing costs helped revive demand. France recorded more than one million transactions, while...
Banks have excess cash, poor Nepalis can’t borrow it
As banks sit on record liquidity, complex paperwork and collateral requirements push vulnerable borrowers towards predatory lenders