DefinitionThe term ‘baptism by fire’ originates from a biblical text, Matthew 3:11, which says, “I baptize you with water for repentance, but one who is more powerful than I is coming after me; ...
The Nigerian Stock Market (NGX) closed mid-week positively, leading market capitalisation up by N227 billion as many investors engaged in buy-interest in Transcorp Power Plc, FBN Holdings, and 16 othe...
Going on to list the names of successful technology entrepreneurs in Nigeria without mentioning Dozy Mmobuosi will be a big disrespect as he has been one of the founders of big firms that have boosted...
Lowe’s (LOW) is an American business that specializes in home improvement and has been the largest hardware chain in the United States after being surpassed by The Home Depot in 1989. Lowes has...
It has been announced that foreign investors have committed $822.6 million to the country’s economy through the Nigerian Autonomous Foreign Exchange Market (NAFEM) window.Last weekend, Afrinvest Wes...
BITCOINSince the beginning of the week, the stock market experienced steep declines as share prices dropped. The decline was triggered by the rapid spread of the deadly coronavirus to about 38 countri...
In an attempt to insulate the US economy from the novel coronavirus pandemic, the Federal Reserve announced an emergency rate cut on Tuesday. Through the rate cut, the Feds slashed market interest rat...
According to the recent Forbes Rich List, Bernard Arnault reclaimed his title as the world's richest man.Arnault's net worth declined by $3 billion on Thursday, from $202 billion to $199 billion in a ...
Super Tuesday’s results had a great impact on the US stock market as the US stock market futures increased following Joe Biden’s big win on Tuesday. His win not only resurrected his campaign but a...
The Central Bank of Nigeria (CBN) has increased the benchmark interest rate by 200 basis points to 24.75%. This was made at the recent Monetary Policy Committee (MPC).This was made during the Tuesday ...