Mexico City-based Alfa (ALFAA.MX) announced on Friday that will spin off the remaining of its 75% stake in Nemak (NEMAKA.MX), which caused the company's stock to surge 17%. Stakeholders are currently ...
Japan has announced its commitment to invest $30 billion in Africa, with a significant portion of the funds directed towards Nigeria. This move is a testament to Japan's desire to increase its coopera...
African entrepreneurs constantly seek new opportunities to grow their businesses and expand their market reach. One way to achieve this is by setting up a US company. This comprehensive arti...
In May 2023, the Debt Management Office (DMO) reports show that Treasury Bills (T.bills) were traded for N324.43 billion.According to the analysis of the FMDQ Markets Monthly Report for May, the amoun...
The Hottest Market for Real Estate in LagosInvesting in real estate is one of the most lucrative businesses in Nigeria after oil and gas. With Lagos being the most populous and urbanized city in Niger...
Tesla’s Elon Musk saw his net worth rise by $7 billion to $83.6 billion after the company’s shares jumped 11.2% on Monday. The stock rise placed Musk at the No.5 position of the world’s rich...
At the end of Monday’s trading session, there was a lift in some of the billionaire's rankings. A total of $13.03 billion was recorded at the close of the day giving well-known billionaires smiles a...
In any growing economy around the world, the construction boom plays an important role in any economy since it creates jobs and contributes to the growth of infrastructure. In some countries, con...
The fall of the naira in both the parallel and official markets on Thursday was a result of the high demand for the dollar, which extended the difference between the two windows to more than N150.At t...
Infinite Looks Inc., on Thursday, announced a seed financing from companies including Johnson & Johnson Innovation – JJDC, Inc. and Ignite Venture Studio. The funds gotten from the investments w...