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...
Sports betting in U.S. to balloon to $45 billion business: Goldman Sachs
The U.S. sports betting industry has explosively grown into a $10 billion behemoth, fuelled by the 2018 Supreme Court decision legalizing the practice in...
Nigerian stocks surpass 100,000 as investors hedge against inflation
The Nigerian stock market reached a new peak on Wednesday, with the All-Share Index crossing the 100,000-point mark for the first time ever. This...
Dangote Cement shares jump big on Otedola investment
Femi Otedola has explained his "significant investment" in Dangote Cement which has helped drive the company's shares over 53% in the last week.
Dangote Cement,...
Explainer: What does U.S. approval of Bitcoin ETF mean for Nigeria?
Global financial industry has been buzzing after the U.S. financial regulator officially endorsed bitcoin exchange-traded funds (ETFs) on Wednesday, giving the green light to...