World’s richest man, Elon Musk, has thrown his weight behind cryptocurrency, Dogecoin, following a slump in the cryptoasset, which has led to a $258 billion lawsuit...
The founder of cryptocurrency exchange, Binance, Changpeng Zhao, has reacted to the loss of investment by Bitcoin holders and others after the digital asset slumped below...
Bitcoin crashed on Saturday, falling below $19,000, a two-year low. The last time BTC traded at this level was in December 2020, after which it hit...
There are several ways one could join a 6-digit club or become a billionaire; you can either choose the corporate world, pour your money in investable...
Dogecoin has been labelled a fraudulent scheme by one Keith Johnson, who sued Elon Musk, and his two companies, Tesla and SpaceX, for promoting the cryptocurrency...
With recent events, it’s fair to say Nigerian billionaire, Femi Otedola, is the Elon Musk of First Bank of Nigeria (FBN) Holdings, pulling the strings of...
Investors in the Nigerian capital market lost N196.9 billion as a sell-off among investors continued on the trading floor on Thursday. The development pushed down the...
The rise in foreign exchange is threatening the continuity of aviation operation in Nigeria, according to the Airline Operators of Nigeria (AON), Vice Chairman, and Air...
Microsoft co-founder, Bill Gates, has launched another attack at the cryptocurrency community and Non Fungible Tokens (NFT) operators, mocking the digital assets as a sham driven...
Billionaire, Elon Musk, on Tuesday, said his spacecraft company, Starship, will be travelling out of earth soon, as the world’s richest man stated that the firm...
Diesel price may hit N1,500 in July, rising from N800, the President of Natural Oil and Gas Suppliers Association (NOGASA), Bennett Korie, has revealed, as he...
The Head of Corporate and Institutional Banking of Mauritius Commercial Bank (MCB), Thierry Hebraud, has revealed plans to expand the company’s operation into Nigeria, as the...
The World Bank has increased the number of Nigerians expected to fall into poverty by the end of 2022 to seven million, following the increase in...
Coca-Cola is retracing its step to its early days of offering alcoholic drinks, as the beverage producer signed a deal with Brown-Forman Corporation, the producer of...
Within 100 days of Russia’s war against Ukraine, Vladimir Putin’s country made $97 billion from exportation of crude oil, with European Union accounting for 61% of...
McNichols Consolidated, an indigenous consumer food and beverage company, has resolved to undertake a rights issue for its shareholders amid a bullish run in the capital...
Nigeria and Russia are some of the biggest beneficiaries of Indian refiners’ high appetite for non-European and Middle Eastern crude oil last month, according to Analyst...
Following the invasion of Ukraine by Russia, United States companies shutdown their businesses in Vladimir Putin’s country in protest to the invasion, McDonald’s was one of...
First Bank Holdings Plc, Unity Bank Plc and Union Bank Plc have been fined N13.5 million by the Nigerian Exchange Limited (NGX) for failing to file...
Over 1.831 billion shares, worth N19.494 billion, exchanged investors hands in 21,723 deals within five days this week, against the 28.736 billion shares valued at N209.060...
A new survey by S&P Platts has shown Organization of the Petroleum Exporting Countries (OPEC+) members failed to meet May oil production targets, with Nigeria being...
Three months after the Federal Competition and Consumer Protection Commission (FCCPC) directed Google to pull down apps of some online lending platforms, the search engine giant...
Investors in the Nigerian capital market lost N12.52 billion at the close of trading on Thursday. This followed the drop in equity capitalization from N28.67 trillion...
The Nigerian National Petroleum Company (NNPC) Limited has blamed hackers for the post on its Twitter account predicting the running mate of the All Progressive Congress...
Four of the top five richest people, Bernard Arnault, Jeff Bezos, Bill Gates and Warren Buffett, lost N2.85 trillion ($6.8 billion) combined in one day, while...
A new survey has revealed rising adoption of cryptocurrency among the world’s billionaires, as they start experimenting in the digital currency, expanding their investment portfolio beyond...
The National Pension Commission (PENCOM) has recovered staff pension contributions totalling N422.34 million from 23 companies in the first quarter of this year. PENCOM reported that...
Investors holding First Bank of Nigeria (FBN) share lost 3.11% of their investment on Tuesday, after billionaire, Femi Otedola, the majority shareholder in the firm, engaged...
Access Bank Plc has paid a sum of N15 billion to acquire Kenyan lender, Sidian Bank Ltd, owned by Centum Investment Plc. The acquisition amounts to...
Billionaire, Femi Otedola, has sold N7.96 billion worth of shares from his investment in First Bank of Nigeria (FBN), almost seven months after he acquired 7.56%...
Investors in the Nigerian capital market smiled home with N99.4billion on Tuesday following the growth in their total investment by 0.34 percent at the close of...
Binance coin, BNB slumps amid United States investigation into the cryptocurrency’s initial coin offering in 2017, increasing the number of government probes that the world’s largest...
Stock market gains N96.07 billion, as Ellah Lakes lead gainers list, Japaul Gold head losers. Shareholders in the Nigerian capital market pocketed N96.07 billion following the...
Telecommunications company, Airtel Africa, has purchased additional spectrum in the Democratic Republic of Congo (DRC) six months after losing the 5G spectrum bidding round in Nigeria,...
Investors in the capital market are selling off their shares in Wema Bank to exit their investment in the financial institution amid allegation of illegal practice...
This week’s stocks to watch list consist of three firms with debt threatening their shareholders’ dividend, and another that’s entering a new market beyond its traditional...
South African investment company, Southern Sun Africa, has concluded plans to leave Nigeria’s hospitality business amid financial troubles. The firm is expected to sell off one...
Experts in the transportation sector have called on the government to support ongoing technological innovations driven by the private sector, in order for both parties to...
UAC of Nigeria, a food and beverage company, has borrowed N18.7 billion from high net-worth individuals, asset managers, and many other investors through a Commercial Paper...
The Federal Inland Revenue Service (FIRS) has threatened to prevent states and local governments from obtaining loans due to their failure to remit Withholding Tax and...
Tesla majority shareholder and Chief Executive Officer, Elon Musk, has threatened to sack executives at the electric carmaker over their work-from-home policy, which became famous among...
Tech investor, Victor Asemota, has denied the claim by a presidential aspirant, Bola Tinubu, that he brought default telecommunications company, Econet, into Nigeria, during his time...
As political parties in Nigeria wrap up their primary elections for various political seats, including presidential, governorship and senatorial positions, individuals who switched career from the...
Zimbabweans are reportedly cutting their toes in exchange for dollars to survive the cost of living in their country, following the nation’s economic downturn, a video...
Russia has been banned from exporting about 90% of its oil to European countries, amid fresh sanctions by the European Union (EU) in its effort to...
Former Diamond Bank Executive Director, Chizoma Okoli, has acquired almost a million naira worth of shares in Access Holdings, the parent company of Access Bank, as...
Investors at the Nigerian capital market lost N168.8 billion following the crash in equity capitalization by -0.57% on Monday. After eight hours of trading on Monday,...
The founder of Dangote Group, Aliko Dangote, has urged the government to ensure single-digit tax regime in the oil industry, in order to lure investment into...
The Managing Director and Chief Executive of Nigeria Sovereign Investment Authority (NSIA), Uche Orji, has refute possibility of Nigeria replacing the United States dollar for another...
Billionaire, Elon Musk, has stated that his internet service company, Starlink, will lift people out of penury as the network provider is set to enter Nigeria,...
