On August 17th, 2023, the unofficial market for currency exchange in Nigeria displayed further positive movement in the naira-dollar exchange rate. Similarly, the official Investors and Exporter...
Michael Burry had some investments in Chinese stocks and his recent 13F revealed that the Scion Asset Management boss has exited his position. We saw Burry’s new big short position yesterday bu...
Michael Burry, the famed investor known for successfully predicting the housing market collapse in 2008, has recently staked over $1.6 billion on a potential crash in the financial markets. Burry's be...
Transcorp Power Ltd has solidified its presence within Nigeria's power sector by acquiring a significant 60% stake in Abuja Electricity Distribution Company (AEDC). This strategic maneuver aligns with...
Tourism's emergence as a catalyst for economic growth and foreign exchange earnings in Nigeria has garnered attention. The nation's blend of cultural heritage, natural landscapes, and historical impor...
On Wednesday, August 15, Nigeria's Eurobonds witnessed a significant drop after the Federal Government announced the hike in the price of petroleum and also laid the blame on shortages of foreign exch...
Mr. Sonny Echono, the Executive Secretary of TETFund, addressed stakeholders during a One-Day Engagement on Emerging Issues in Abuja, highlighting that the fund allocation dedicated to servicing progr...
Nigeria's biggest telecommunications company MTN Nigeria has proposed to issue up to N100 billion series 6 & 7 commercial paper under its Commercial Paper Issuance Programme to diversify its finan...
In a very delicate reattempt at making familiar history, Michael Burry, renowned for foreseeing the housing market crash in 2008, is once again making headlines. This time, he's placed his bets on a W...
Nigeria's annual inflation rate experienced a notable uptick, surging to 24.08% in July, marking a distinct rise from the previous month's 22.79%, as reported by the National Bureau of Statistics (NBS...