Wednesday, January 22, 2025

Markets & Investing

Global wealth soared to $477 trillion in 2023 on stock market boom

Global net wealth staged a significant recovery of 4.3% in 2023, after a difficult year in 2022. Much of the growth was due to...

Recapitalization: UBA offers shareholders over 17% yield to reinvest dividends

United Bank for Africa Plc (UBA) is offering its shareholders a lucrative opportunity to reinvest their 2023 dividends as the bank seeks funds for...

Weekly Nigerian market performance (May 3, 2024)

This week offered a dynamic picture for Nigerian investors, with contrasting performances across equities, fixed-income, and currency markets. Here's a closer look at the...

Investment opportunity: Earn 18% interest lending to Nigerian govt

The Nigerian government is offering citizens a chance to lend them money and earn a good return! This is done through FGN Savings Bonds,...

Otedola trims Geregu stake, cashes out N15.97 billion

Nigerian billionaire Femi Otedola has further trimmed his stake in Geregu Power Plc., selling 1.9 million shares for N1.9 billion on Tuesday to bring...

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