Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24 hours. This is according…
Category: Investing
National Pension Commission Recovered N19.29 Billion Unremitted Monthly Pensions By Employers
The National Pension Commission says it has recovered N19.29bn monthly pensions deducted by employers from employees’ monthly emoluments but not…
Pension Fund Administrators Invested N2.05 Trillion Pension Fund In Banks In 6 Months
The total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of…
First Bank OF Nigeria Holdings, Battle Of Major Stakeholder
There is a struggle for the control of Nigeria’s premier banking institution, FBN Holdings Plc. The fight is between the…
Elon Musk Set To Become First Trillioniare Through His Company SpaceX
Elon Musk, the world’s most renowned entrepreneur and the CEO of two of the world’s largest companies, SpaceX and Tesla,…
German software giant “SAP” Q3 Revenue Is 20% Above 2020 Q3 Revenue
German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost the company’s earnings…
Turkey And Nigeria Sign A Bilateral Agreement On Improving Security And Trade
The need to improve security and trade between Nigeria and Turkey formed the highlight of the bilateral agreements signed yesterday…
Evergrande Shares Dropped By Over10 Percent
China Evergrande shares briefly dropped more than 10% in opening trade on Thursday, after a deal to sell some of its…
Bitcoin Hit All Time High
Bitcoin notched a fresh all-time high on Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded…
Mortgage Demand Drop By 6.3% Due To Increase In Mortgage Interest Rate
Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases. Total application volume fell…
Bitcoin Hit $64,241 After ETF Listing
The price of Bitcoin surged, near the all-time high after ProShares Bitcoin Strategy ETF, the first bitcoin-linked exchange-traded fund (ETF)…
Piggyvest: No User Fund Has Experienced Any Loss Of Any Kind
An ongoing report making rounds on social media claims that Piggyvest lost N2 billion in an alleged scam involving a…
Nigerian Exchange Group List Its Issued And Fully Paid Share
Nigerian Exchange Group Plc has listed its entire issued and fully paid 1,964,115,918 ordinary shares of 50 kobo each at…
Flutterwave Set To Triple Last Valuation
Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure…
United Wholesale Mortgage Stop Plan To Accept Payment In Crypto
U.S. homebuyers apparently aren’t all that interested in paying their mortgages in cryptocurrencies like bitcoin. United Wholesale Mortgage, which made…
Nigerian Stock Exchange: Equity Market Gain N95.34 Billion
The equities market of the Nigerian Exchange Limited upturned the previous day’s loss with a N95.34bn gain on Tuesday following…
Adiwale Partners Made Final Close Of It’s First Fund For Investment In Francophone Africa
Private equity firm Adiwale Partners has made a final close of its first fund, nearly two years after making a first close…
Africa50 Launch $500 Million Infrastructure Acceleration Fund
Africa50, a pan-African investment platform, has launched $500 million Infrastructure Acceleration Fund to bridge the continent’s infrastructure gap. Africa50’s investor…
Stone Three Get Funding From Venture Capital Firm “Knife Capital”
Cape Town-based Stone Three, an industrial internet of things (IoT) firm, has secured funding from venture capital firm Knife Capital…
AfricInvest Acquires Minority Stake In Royal Exchange General Insurance Company
AfricInvest, a leading Pan-African asset management company has announced the acquisition of a minority stake in Royal Exchange General Insurance…
Nigeria Total Pension Assets Have Risen To Over N13 Trillion: PenCom
National Pension Commission (PenCom) says the nation’s total pension assets have risen to over N13 trillion. Director-general of the pension…
Nigeria Exchange Limited Stock Market Gain N247 Billion
The stock market of the Nigerian Exchange Limited (NGX) yesterday ended trading activities for the second day of the week…