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...
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...