34.2 C
Lagos
Thursday, May 2, 2024
- Advertisement -spot_img

CATEGORY

Markets

Weak Macro Conditions to Put Pressure on Corporate Profit in 2023

A weakening macroeconomic environment in Nigeria increases uncertainties for companies operating in the country and is expected to exert pressure on corporate profit and...

Few Days After Release, Fake New N1,000 Notes in Circulation

Few days after the Central Bank of Nigeria, CBN, released the redesigned naira notes in the denominations of N200, N500 and N1,000, fake copies...

Insurers See Improvement in Combined Ratio Though Most Remain Above 100%

The average combined ratio of 15 top insurers in Africa’s largest economy stood at 104.47 percent in the third quarter of 2022, MoneyCentral calculations. The...

Twitter Docs Reveal FBI Pressure to Control Speech

Twitter has maintained “constant and pervasive” contacts with the FBI and other US intelligence agencies for several years, according to internal company documents leaked to reporters. The...

Kissinger Outlines Ukraine Peace Proposal

Urgently negotiating an end to hostilities in Ukraine would prevent another world war, former US secretary of state Henry Kissinger argued in an essay...

Putin Visits Joint Staff of Troops Involved in Military Operation

Russian President Vladimir Putin visited the joint staff of all military branches involved in Russia’s special military operation in Ukraine, the Russian president’s press...

Former FTX CEO Bankman-Fried Arrested in Bahamas After U.S. Files Charges

FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before he was due to...

Mixta Debt Woes Worsen as Rising Rates Squeeze Developers

Rising rates are pressuring property companies like Mixta Africa that borrowed heavily on the bond markets to finance their operations. “The Group and Company have...

Africa Finance Corporation Diversifies Shareholders with Equity from Côte d’Ivoire, Mauritius and AfricaRe

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, announces a boost to its share capital following a combined US$38 million equity injection...

Microsoft Buys 4% Stake in London Stock Exchange as Part of 10-year Cloud Deal

U.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange Group and took a near 4% stake in the...

Latest news

- Advertisement -spot_img