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CATEGORY

Wealth

Exclusive

Jim Ovia Acquires More Zenith Bank Shares, Raising Stake to 14.12%

Bala Augie -
The Chairman of Zenith Bank, Jim Ovia has increased his stake in the bank to 14.12% of outstanding shares following a recently concluded hybrid Rights...
Companies

Larry Ellison Briefly Tops Musk as World’s Richest Man After $101 Billion Gain

Bala Augie -
Larry Ellison briefly surpassed Elon Musk to become the world’s richest person Wednesday after a jump in Oracle Corp. shares added a record amount to...
Exclusive

With 56 Unwieldy Funds NSIA Investment Management Fees Expense Soars 225%

Bala Augie -
The Nigeria Sovereign Investment Authority (NSIA) investment management fees expense soared by 225% in 2024, as the manager of the country’s Sovereign Wealth Fund...
Exclusive

Eight Signs You Are Living Above Your Means

Bala Augie -
It is an intuitive perception to cut your coat according to your cloth and not be disposed to living above your means. Don’t spend more...
Artificial Intelligence (A.I.)

Tesla Offers $1 Trillion Pay Package to Musk, But There’s a Catch

Bala Augie -
Tesla Inc. proposed a new compensation agreement for Chief Executive Officer Elon Musk potentially worth around $1 trillion, however to earn most of it...
Exclusive

Unity Bank Shareholders to be Paid ₦3.18 Per Share in Providus Bank Merger

Bala Augie -
Unity Bank shareholders are to be paid ₦3.18 Per Share in the Providus Bank Merger. Unity Bank last traded at N1.51 a share. The Federal...
Companies

Champion Breweries Strengthens Shareholding Structure Ahead of Rights Issue

Bala Augie -
An insider at Champion Breweries Plc has completed a strategic transfer of 200m shares valued at ₦3.45 billion as part of steps to strengthen...
Markets

UK Wealth Tax Would Spur Millionaire Exits to US, Australia, UAE – Survey

Bala Augie -
More than half of UK millionaires in a survey signaled they’d be more likely to leave the country if the Labour government introduces a...
Artificial Intelligence (A.I.)

How Nigeria’s Sovereign Fund Can Push AI Leadership With Strategic Investments

Bala Augie -
By PATRICK ATUANYA Nigeria is lagging behind in the global Artificial Intelligence (AI) race but it needn't be so as it has a ready made...
Companies

Bola Onadele Koko Cashes Out With N10.4bn FMDQ Stock Award

Bala Augie -
FMDQ Group Plc, approved a stock award worth about N10.4 billion for outgoing Chief Executive Officer (CEO) Bola Onadele Koko, a massive payout meant...
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