The biggest cement manufacturer in the country, Dangote cement, just declared a record high revenue of N1.03 trillion in its financial statement for the year 2020. This makes it the second Niger...
The Nigerian Securities and Exchange Commission (SEC) is the official regulatory body of the Nigerian capital market. The institution is supervised by the Federal Ministry of Finance.The SEC is the ma...
The price of Dogecoin has soared more than 85 percent in the past 24 hours. The digital currency which started as a parody seven years ago now has a market capitalization of over $17 billion, giving t...
The Nigerian Securities and Exchange Commission (SEC) has released a new set of rules for warehousing and collateral management, setting 50 million naira as the minimum paid-up capital.According to th...
United Bank for Africa has released its financial report for the first quarter of 2021, and the company recorded a profit before tax of N40.6 billion. This is about N8 billion more than the N32.7 bill...
Bitcoin jumped above $39,000 after Elon Musk said Tesla would resume transactions with the cryptocurrency when mining is done with more sustainable energy.The electric-car maker will begin to accept B...
Novavax, a small biotechnology company based in Maryland, announced on Monday that its Covid-19 vaccine was found to be safe and up to 90.4% effective in its Phase 3 clinical trial involving nearly 30...
Tesla has confirmed that it has reduced the energy capacity of the new battery pack in the new Model S. Still, it has increased range over the previous model, making it all about efficiency.For t...
Author of ‘Black Swan’ Nassim Taleb says Bitcoin’s worth is equal to zero and has failed as a currency and a hedge against inflation.The author who spoke in favor of bitcoin before has now rever...
The long-awaited full-year end 2019 and 2020 financial statements from Oando, one of Nigeria's leading oil companies, were finally made public on Wednesday, June 22. The Securities ...