Nigerian Billionaire investor, Femi Otedola has now become the second largest shareholder of Transcorp by acquiring 5.52% of the company. This transaction was made possible by an agreement between an ...
The People’s Bank of China said on Friday that it would cut the reserve requirement ratio (RRR) by 50 basis points for all banks. The new order is set to take effect from July 15.“We think this br...
NASDAQ: FB216.54 USD -4.46 (2.02%) ↓Closed:17 Feb, 04:12 GMT-5Pre-market 214.66 -1.88 (0.87%)The year, so far, hasn't been a good one for Facebook. Shares of parent company Meta fell 26.4...
It would not be an exaggeration to raise 70 hearty cheers in the name of Mike Adenuga, one of the most prominent business Moguls in Nigeria and even in Africa as a whole, as he celebrates his 70th bir...
Nestle Nig Plc has revealed its FY 2021 results, displaying a profit of N40 billion, a marginal 2 percent rise over the previous year, on revenue that increased by 23%.Prices of products and services ...
On Tuesday, 8 March 2022. Being the international women's day, themed “Break the Bias: Gender equality today for a sustainable tomorrow” was highlighted by Dame Pauline Tallen, the Honorab...
UAC Nig Plc has announced its audited financial results for the full year ending December 2021, displaying a profit of N2.59 billion, a decrease of 33% from the prior-year period, despite a 25% incr...
The tech giant, Microsoft , renowned for revolutionizing the world of computing, has recently witnessed a remarkable surge in its market capitalization. This surge resulted in a staggering boost of $1...
Elon Musk claims that he must overcome three major obstacles before completing his purchase of Twitter. Earlier this year, Musk indicated strong interest to purchase Twitter for $44 bil...
Virgin Galactic, a service provider of space tourism, revealed on Wednesday that it has reached an agreement with Aurora Flight Sciences, a Boeing subsidiary to construct two more carrier...