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Wednesday, April 24, 2024
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CATEGORY

Wealth

Elon Musk’s Wealth Plunges $13 Billion as Uncertainty Hits Tesla, SpaceX, Twitter

In the span of 24 hours, Tesla’s earnings disappointed, a SpaceX rocket exploded and Twitter purged legacy blue checkmarks, sending Elon Musk’s wealth plunging...

Vince McMahon Agrees to Sell WWE to UFC to Form $21B+ Sports Brand

After roughly 70 years of being in the control of the McMahon family, WWE was sold to Endeavor Group Holdings on Monday. WWE and UFC, which is...

Jay-Z Net Worth Swells to $2.5 billion After Selling Luxury Cognac Brand

... as he cements status as richest rapper in the world Jay-Z has found himself richer than ever as he cements his status as the...

MIRI Emerging Markets Fund Dumps 150,000 Shares of NGX

The MIRI Strategic Emerging Markets Fund LP has dumped 150,000 Shares in the Nigerian Exchange Group (NGX). The 150,000 shares were sold at N27.61 per...

Nigerian Exchange Group Increases CSCS Stake to 44.18%

The Nigerian Exchange Group (NGX), has increased its equity stake in the Central Securities Clearing Systems (CSCS) Plc to 44.18% at the end of...

Aliko Dangote to Pocket N292.12bn Dividend From Cement Business

Africa’s richest man Aliko Dangote is going to pocket N292.12 billion in dividend from its cement business for 2022 financial year as the largest...

Geregu Investor Sentiment Improves as Stock Rises 17%

Investor sentiment in Geregu Power Plc has markedly improved as the stock is up 17% in a week. After Geregu's share price gain to ₦246,...

Otedola Brother buys 3.7million Shares of Geregu Power for N788m

Paul Olurotimi Otedola, an insider in Geregu Power, and said to be the brother of majority shareholder and Chairman of the company Femi Otedola,...

Femi Otedola to Pocket N19.1bn Dividend from Geregu as Profit Falls 50%

Femi Otedola, the billionaire investor, will be paid N19.11 billion dividends from the distributable profit of his company Geregu Power Plc for the year...

Bitcoin Premium Hits 60% In Nigeria As Central Bank Limits ATM Cash Withdrawals

The price of Bitcoin  in Nigeria has skyrocketed to well above global market levels amid continued efforts by the central bank to push its...

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