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Fitch Keeps Mozambique Ratings at CCC+ Fitch Ratings kept Mozambique’s sovereign credit rating at ‘CCC+’, reflecting elevated government debt levels, weak public financial management, low GDP per capita, weak external…
Geregu Power Grows Investors Funds Six Folds in 17-Month Risk-taking is billionaire Femi Otedola’s secret sauce. For his kind, a simple way to build and maintain wealth is investing. You…
Meyer Plc Records 61% Increase in Market Value Premium paint and allies products manufacturer, Meyer Plc, registered a sharp gain due to exceedingly stable positive price movement despite a slowdown…
Nigerian Exchange Loses N1.4trn as GSK Delists The equities segment of the Nigerian Exchange (NGX) shed N1.4 trillion as investors took bets to the fixed income market. The monetary policy…
Treasury Rates- Income Hunters Take Bets to Debt Market Nigeria’s debt market has seen a flood of funds parked on several government borrowing instruments to reduce inflation bites on investors’…
Tesla Reduces Prices of Model Y Cars Electric Vehicle (EV) automaker, Tesla Inc., has cut prices of some of its Model Y cars in the U.S. until Feb. 29, less…
*Urges Him To Be Broadminded, Magnanimous In Victory The Ogbosu-Umulokpa Community in Enugu State, Nigeria has elected Mr. Linus Eze as its new President-General in a keenly contested elections held…
Access Holdings CEO Herbert Wigwe Dies in Helicopter Crash The Chief Executive Officer of Access holdings Herbert Wigwe, his wife Chizoba, a son and Abimbola Ogunbajo, former President of Nigerian…
Oil Rallies this Week, Prices Remain Range Bound Crude oil prices rose for this week as demand outlook in the global market improved despite uncertainties, including geopolitical tension in the…
Cryptocurrency Rallies Pushed Bitcoin Price to $48,000 Most major digital assets advanced again Friday, with bitcoin (BTC/USD) briefly crossing the $48,000 threshold. The CoinDesk Market Index, which tracks 189 digital…