CATEGORY
Markets
Otedola Sets Record Straight on Relationship With Elumelu, Transcorp Investment Saga
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...as Transcorp shares collapse after his exit
In a series of posts in his social media handles, Billionaire investor Femi Otedola has told his side...
Nigerian Firms Slumping Profit Margins Means Jobs Are at Risk
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There is not going to be much breathing room for Nigerian firms as their profit margins are contracting, raising concerns entities might opt to...
President-Elect Tinubu Commissions Governor Wike’s 12th Flyover, Rumuokwuta/Rumuola Bridge in Port Harcourt
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On Wednesday, May 3, 2023, President-elect Asiwaju Bola Ahmed Tinubu, as Special Guest of Honour of the Rivers State Governor, commissioned the Rumuokwuta/Rumuola Flyover...
NSIA Group Acquires Four Insurance Subsidiaries of SANLAM Group
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NSIA Group, the parent body of NSIA Insurance Limited Nigeria, has made good its desire to strengthen its position in West Africa through the...
Edo Transforms to Nigeria’s Oil Refining Hub, as Edo Refinery Orders 200,000 Barrels of Crude
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… Duport Refinery gets 5000 barrels of crude
In line with Governor Godwin Obaseki’s drive to transform Edo State into a major investment and industrial haven in...
Stock Market vs. Cost-of-Living Crisis: Data-Driven Insights for Smart Investing Decisions
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With the US currently facing a cost-of-living crisis, many investors are left wondering if it's the right time to buy stocks or if they should...
Dubai’s Growing Commodities Hub Attracts London Traders
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London’s commodities merchants are following some of their Swiss peers to Dubai, as the emirate moves from being an outpost focused on crude to...
Binance Again Pauses Bitcoin Withdrawals, Cites Congestion
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Binance, the largest crypto exchange, temporarily paused withdrawals of Bitcoin for the second time in less than 12 hours, citing congestion on the token’s...
Biden Trails Trump as his Approval Rating Hits Low in ABC Poll
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President Joe Biden’s approval slid to a career low in the latest opinion poll for ABC News and the Washington Post that also showed...
Banks’ Q1 Profit Rise as Higher Rates Bolster Net Interest Income
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Nigerian banks’ first-quarter (Q1) profit rose as lenders’ net interest income were bolstered by a slew of interest rate hikes by the central bank...