Nigerian industrialist and richest man in Africa, Aliko Dangote became $4.3 billion richer in 2019 as his fortune continued to grow following investments in cement, flour and sugar. According to Bloom...
For the first time since 2011, Gold price jumps over $1,800 an ounce. Analysts also expect more gains as investors begin to stock up on the asset and hold its value while the coronavirus continues to ...
On Thursday, the All-Share Index moved by 0.53 percent (207.86 points) to 39,293 from the 39,085 it was on the previous day. This reduces the monthly and yearly losses to about 1.3 percent and 2.4 per...
The Nigerian Securities and Exchange Commission (SEC) is the official regulatory body of the Nigerian capital market. The institution is supervised by the Federal Ministry of Finance.The SEC is the ma...
Aliko Dangote, the renowned Nigerian business tycoon, has once again emerged as Africa's wealthiest individual, holding this prestigious title for an unprecedented 12 consecutive years. A Decline...
Up until 2 years ago, investing in the Nigerian treasury bills would be a smart thing to do without thinking too much about it. But now, with the big drop in the treasury bill return rate, many ...
Access Bank, Nigeria's biggest lender, has paid the sum of almost $60 million to acquire a stake in Grobank, a South African Bank. Herbert Wigwe, Access Bank's CEO, said on Tuesday that this move...
According to a source, Bill Gates has been living in a mansion situated in a luxury country club in California since the news of his divorce from his ex-wife, Melinda Gates went public on the 3rd of M...
Author of ‘Black Swan’ Nassim Taleb says Bitcoin’s worth is equal to zero and has failed as a currency and a hedge against inflation.The author who spoke in favor of bitcoin before has now rever...
BP stated on Sunday that it would sell its 19.75 percent interest in Rosneft, a Russian-controlled oil business. BP did not say how or when it would sell its stake in Rosneft. It might write off ...