Market Summary: December 17S&P 500 Movers: Health Care Stocks Lead Declines, Pfizer and Fox Corp ShineKey Highlights:The S&P 500 fell 0.4% on Tuesday ahead of the Federal Reserve’s interest ...
Nvidia Extends Losses, Broadcom Gives Up Early GainsKey Highlights:Nvidia’s stock continued to decline on Tuesday, while Broadcom reversed its earlier gains to trade lower.Over the past five trading...
Fitch Warns of Economic Challenges for Nigerian Banks in 2025 Key Highlights:International credit rating agency Fitch Ratings has forecast a challenging operating environment for Nigerian banks i...
Beta Glass Eyes Expansion into Francophone Africa, Unveils Bold Tech Investments Beta Glass, West Africa’s leading glass packaging company, has set its sights on Francophone markets while prior...
BOOK REVIEW: OTHER PEOPLE’S MONEY (2015) BY JOHN KAYHello Everyone. The book “Other People’s Money: The Real Business of Finance” by John Kay offers a critical examination of the modern financ...
CBN’s Rising MPR: Fighting Inflation or Straining Growth? The Central Bank of Nigeria (CBN) has consistently increased the Monetary Policy Rate (MPR) since February 2024 to combat runaway infla...
Tesla Stock Hits Record High as Wedbush Raises Price Target on AI, Self-Driving OptimismKey Highlights:Wedbush raised Tesla’s (TSLA) price target to $515 from $400, citing optimism that the incoming...
Insurer Stocks Drop as Trump Targets Pharmacy Benefit ManagersHealth insurer stocks fell Monday after President-elect Donald Trump criticized pharmacy benefit managers (PBMs), calling them “middleme...
S&P 500 Gains and Losses: Tesla and Broadcom Lead, Super Micro SlipsKey Highlights:The S&P 500 rose 0.4% on Monday, led by gains in technology and communication sectors.The Nasdaq surged 1.2% ...
NGX Cracks Down: 3,792 Sanctions Issued Over 13 Years Key Highlights• The Nigerian Exchange Group (NGX) has imposed 3,792 regulatory sanctions on stockbroking firms between 2011 and 2023.• 19...