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Trillion Naira Stock Club Rises to 5 as Nigeria Rally Deepens

Nigeria’s stock market rally is becoming broad based leading to 5 listed companies now sporting a valuation higher than a trillion naira, more than...

Mutual Benefit’s Underwriting Portfolio Hit by Covid-19 as Profit Slumps

The underwriting portfolio of Mutual Benefit Assurance has been impacted by the coronavirus pandemic as mounting obligation to policy holders’ impacted negatively on profit. For...

Manufacturers Hit with Higher Production Costs on Naira Devaluation

The largest Nigerian manufacturers are struggling to stay in business as a devaluation of the Naira spawned by the collapse in oil prices means...

Nigerian Stocks Advance as MTN, UBA, Dangote Hit One-Year Highs

Nigerian stocks continued their supercharged rally today led by gains in blue chips such as MTN Nigeria, Dangote Cement and United Bank for Africa...

Global Markets Celebrate the Return of Normalcy

Global equity markets are celebrating the outcome of the U.S Presidential elections with the MSCI All-Country Index heading towards a new record and the...

Trump vs Biden: How Little Known Mathematical Proof Can Detect any Electoral Fraud

The American mainstream media yesterday launched a coordinated effort to proclaim Joe Biden as President-Elect as projections have been made that the former Vice-President to Barack...

Dangote Cement Profit Margins Improve Despite Covid-19 Headwinds

Dangote Cement, the largest producer of the building material in Africa’s largest economy said profit margins expanded even amid the coronavirus pandemic that slowed...

Ikeja Hotels Plunges into Losses as Lagos Seeks to Revoke Land Title

Ikeja Hotels Nigeria Plc followed its peers in the hospitality business in witnessing a staggering loss, no thanks to the coronavirus pandemic. This comes as...

Consolidated Hallmark Profit Slumps on Higher Claims, Management Expense

Consolidated Hallmark Plc profit slumped as spiraling claims and operating expenses wiped out gains from strong revenue growth, and the EndSars protest that resulted...

Bookies Tip Trump to Win election as Chinese Yuan sells-off

President Donald Trump is now the favorite to win the United States Presidential elections as bookies now have him at an average of 65...

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