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Wealth

Stanbic IBTC Unveils Enhanced Short-Term Fixed Income Fund

Stanbic IBTC has unveiled an Enhanced Short-Term Fixed Income Fund which aims to provide competitive yield, liquidity and safety. The fund will have a combination...

Elon Musk Loses $27 billion as Global Markets Crater

Elon Musk set records last year for one of the fastest streaks of wealth accumulation in history. The reversal is underway, and it’s steep. The...

Nigerians Rendered Too Poor to Become Homeowners

Lilly Okafor, 29, who works in one of the consumer goods firms in Lagos as an office assistant said she would be a homeowner...

United Capital Group Executive Director Purchases 2m New Shares

The Group Executive Director of United Capital Plc, Sunny Anene has just purchased 2 million new shares of United Capital, at an average price...

Bezos Reclaims Title of World’s Richest After Musk Slips

Elon Musk's reign as the world’s richest person was brief. Tesla Inc. shares slid 2.4 percent on Tuesday, erasing $4.6 billion from its chief executive...

NSIA adds Digital Technology to Areas of Focus, eyes $200m Healthcare Co-investment Fund

The Nigeria Sovereign Investment Authority (NSIA) says it’s board has expanded its area of focus to include digital technology as it seeks to ride...

Pension Funds Increase Equities Exposure by 35% in 2 Months

Nigerian Pension Funds increased their holdings of domestic equities by 35 percent in the 2 months’ period between September and November 2020, according to...

Why BUA Cement will Make Investors Millions This Year

BUA Cement Share Price closed 2020 with a year to date gain of (+43 percent), surpassing Chapel Hill Denham Limited price target of N36.41...

Ardova Plc to Acquire Enyo Retail and Supply Limited

Ardova Plc (AP), a leading Nigerian integrated energy company, and the shareholders of Enyo Retail and Supply Limited (“Enyo”) have entered discussions relating to...

Elon Musk Surpasses Jeff Bezos to Become World’s Richest Person

Elon Musk the entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8 percent rally in the electric carmaker’s...

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