Finance Minister Blames Rising Cost Of Rice On Smuggling
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, on Thursday, said smuggling is responsible for the rising cost of rice in the country. Speaking during an interview…
Low Upside for Cocoa Prices as Ivory Coast, Ghana Outputs Rise
Low Upside for Cocoa Prices as Ivory Coast, Ghana Outputs Rise There will be a limited upside for prices of cocoa in 2021/2022 as leading Africa’s producers Ivory Coast and…
MultiChoice Profit Drops, Says Nigeria Subs. Gets FX at Parallel Market Rate
MultiChoice Profit Drops, Says Nigeria Subs. Gets FX at Parallel Market Rate MultiChoice posted a 38% drop in interim profit as earnings per share fell to 356 South Africa cents…
Cryptoassets Valuation Near $3trn as Doge Goes to Moon
Cryptoassets Valuation Near $3trn as Doge Goes to Moon The global crypto market cap nears $3 trillion despite a moderate slowdown amidst heavy trading activities while doge is set to…
Equity Market Pulls Back as Investors Sustain Selling Rallies
Equity Market Pulls Back as Investors Sustain Selling Rallies Nigerian equity market pulls back by more than N51 billion on Thursday as investors’ book additional profit, with selloff hitting the…
Meristem Real Estate Advantage Portfolio: A Hedge Against Weak Naira
Meristem Real Estate Advantage Portfolio: A Hedge Against Weak Naira Nigerians are naturally exposed to fluctuation in their naira assets now. With rising inflation and weak local currency, many have…
Yield Shrinks After Spot Rate on 364-Day Treasury Bills Falls
Yield Shrinks After Spot Rate on 364-Day Treasury Bills Falls The average yield on Nigerian Treasury bills shrinks in the secondary market on Thursday after a 49 basis points drop…
Helium Health Acquires GCC-Based Doctor Book Platform Meddy
Helium Health Acquires GCC-Based Doctor Book Platform Meddy Helium Health, the leading healthcare technology provider in Africa, has announced the acquisition of Meddy Inc., the GCC- based doctor booking platform,…
Nestlé Empowers Rural Women in South West Nigeria
Nestlé Empowers Rural Women in South West Nigeria An additional 50 women are to benefit from the second phase of the Nestlé Nigeria project – Empowering Rural Women in Nigeria,…
CNN: Global Warming – Nigeria Lagos is Sinking ! Lagos Island is being swallowed by the sea !
Lagos Island, Nigeria (CNN)Standing on the sand next to a building hollowed out by the churning sea, Sheriff Elegushi points far out into the Atlantic Ocean to where his ancestral…