CATEGORY
Wealth
NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023
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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, Otedola Make Forbes 2024 Top 20 African Billionaires List
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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...
Value of Stock Holdings for Nigeria Billionaires Hit N16.62trn
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The value of stock market holdings for Nigeria billionaires who own significant shares in their companies have hit N16.62 trillion, according to MoneyCentral calculations.
Of...
Billionaire Femi Otedola is 4th on Forbes Rich List With $1.2bn Fortune
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Nigerian billionaire Femi Otedola has been ranked the 4th richest man in Nigeria by Forbes amid bullish Nigerian stock performance.
According to the latest update...
Gold Hits All-time High Above $2,100 on Geopolitical Tensions
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Gold price hit a new record high near $2,100 at the weekly opening as markets reacted to escalating geopolitical tensions in the Middle East.
October...
South African Billionaire Oppenheimer Buys Nigeria’s GZI
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Oppenheimer Partners Ltd. bought the shares it didn’t own in GZ Industries (GZI) Ltd. from Affirma Capital, formerly known as Standard Chartered Private Equity,...
Warren Buffett Will to be Open to Public Scrutiny
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Warren Buffett said his will and the donation of his fortune to charitable causes after his death will be open to public scrutiny, though...
NSIA Half Year Profit Soars to N792bn, Receives $45m Royalty
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The Nigeria Sovereign Investment Authority (NSIA), recorded a sizable jump in pre-tax profits to N792.9 billion ($996m) in the first half (H1) of 2023,...
Femme Africa Presents: In Her Bag – A Business Fund Powered by Flutterwave
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This November, Femme Africa are introducing In Her Bag – A Business Fund powered by Flutterwave, open to young business women aged 18 to 35. Our shared goal...
Why AFEX N45bn Asset Backed Commercial Paper is Risky for Investors
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AFEX Investment Limited or AFIL SPV Plc is in the market for its Series 3 Asset-Backed Commercial Paper (ABCP) issuance of up to N45...