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Markets

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023

NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 based on data from the Securities &...

Dangote Cement Stock Has Doubled in 2024, Here’s Why

Dangote Cement, Nigeria’ largest listed firm has seen its shares more than double in the first month of 2024. The largest cement company in...

Cardoso Says Naira ‘Undervalued’ Targets 21.4% Inflation For 2024

Central Bank of Nigeria Governor Olayemi Cardoso said inflation will moderate this year and described the country’s naira currency as “undervalued,” in his first public comments...

President Tinubu Departs Abuja For France On Private Visit

President Bola Tinubu on Wednesday departed Abuja for Paris, France, on a private visit, according to the Presidency. The Special Adviser to the President on...

FAAC Disburses N1.1trn December 2023 Allocation To FG, States, LG

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government...

US Companies Ready To Invest In Nigeria – Blinken

The US Secretary of State Anthony Blinken has assured of the country’s companies’ readiness to partner with and invest in the Nigeria economy. Blinken, who...

Bill Ackman, Wife Neri Oxman Buy 5% Stake in Tel Aviv Stock Exchange

Bill Ackman and his wife Neri Oxman have bought 5% of the main stock exchange in Israel for roughly $17 million, making the hedge-fund billionaire’s first major...

Trump Wins New Hampshire Republican Primary

Donald Trump defeated Nikki Haley on Tuesday in the New Hampshire primary, his second consecutive victory in his bid to secure his party's presidential...

Nigeria’s Red-Hot Stock Rally Faces Reality Check as Rate Hike Looms

It could be a case of ‘what goes up will eventually come down’, for Nigeria’s red-hot stock market as risk of higher bond yields...

Dangote, Otedola Make Forbes 2024 Top 20 African Billionaires List

The president/chief executive of Dangote Group, Aliko Dangote, has retained his position as the richest person in Africa with a net worth of $13.9...

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