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It is no news that the Covid-19 pandemic has hit the global economy hard, and many businesses have crumbled since then. On the flip side, quite a number of businesses and billionaires have thrived amid the coronavirus pandemic, yet, many global billionaires have lost fortunes. Asia’s former...

It looks like Dangote Cement also in trouble with cash. they are listing bonds to be sold soon. see the information below. Dealing Members are hereby notified that the N100 Billion, 5 Years 12.50% Fixed Rate Series 1 Senior Unsecured Bonds due 2025 under the N300 Billion Debt Issuance Program...

Rights Issue of Four Billion, Three Hundred and Fifty-Seven Million, Seven Hundred and Seventy Thousand, Nine Hundred and Fifty Four (4,357,770,954) ordinary shares of Fifty Kobo (N0.50) each at Eighty Kobo (N0.80) per share, on the basis of five (5) new ordinary shares for every thirteen (13)...

Prestige Assurance has released a new update that they will pay shareholder dividends in shares instead of cash. With the history of the company and the difficulty of doing business in Nigeria. This may be a bad move for investors. The next question is, should investors sell? Prestige...

What is the Student's Loan? A student loan is a form of financial aid made available by the United States government for the benefits of students who don't have the money to finance their education and parents who are not financially buoyant enough to finance their children's education. Student...

The two fundamental approaches in stock investment are value investing and growth investing. These two fundamentals determine what an investor would invest in and the profit that would be made from investment. If you are investing for value, your profit would be based on value investment profit...

Saudi’s sovereign wealth fund, a Public Investment Fund (PIF) has acquired more than 5 million shares in Walt Disney at a value nearly $500 million. It has also purchased more than 3 million shares in Facebook valued at $520 million. And bought shares in other major corporations worth half a...

EQUITY STOCK MARKET REPORT FOR JUNE 5TH 2020 WEEKLY REPORT A total turnover of 1.469 billion shares worth N23.553 billion in 22,911 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.255 billion shares valued at N13.501 billion that exchanged...

Not many would dare transition from Medicine to Finance, but not Michael Burry, one of America’s finest multi-millionaires with a net worth of $300 million. He is the founder of Scion Capital, LLC, a hedge fund company which successfully ran for 8 years (2000-2008), and Scion Asset Management...

A boost for hydrogen trucks, and fortune of founder Trevor Milton Since its launch in 2014, Nikola has relentlessly kept up with the market. It’s recent $12 billion Nasdaq debut is one that eventually turns the company’s founder, Trevor Milton into a multibillionaire. The stock is now trading...

Dangote Sugar Refinery Plc Closure of Register Year Ended 31 December 2019 Proposed Dividend: Final Dividend of N1.10 kobo per share Proposed Bonus: Nil Qualification Date: Friday, 19th June 2020 Closure Date: Monday, 22nd June, 2020 AGM Date: To be Advised Payment Date: To be Advised

Amid the Covid-19 pandemic, the US economy seems to have hopes for quick recovery as the job market is rapidly recovering compared to expectations. In May, the US unemployment rate fell to 13.3%, and the economy gained 2.5 million jobs. The percentage is nothing compared to the millions of...

What are we going to do now? All good stocks in the Nigerian stock exchange are now bad.

The stock market is picking up huge but coronavirus is till her a d people are losing jobs. So what do we do now?

Davido's first daughter Imade celebrate her birthday and Davido went over to spend time with his baby mama and Imade. See the pictures below. https://www.instagram.com/p/CALH5yLhr71/?utm_source=ig_web_copy_link

UNITED BANK FOR AFRICA PLC NOTIFICATION: RESIGNATION OF EXECUTIVE DIRECTOR OF UBA PLC Lagos, Thursday, May 7, 2020 In accordance with the Nigeria Stock Exchange (“NSE”) Rulebook, we hereby notify the NSE of the resignation of Mr. Abdoul Aziz Dia, an Executive Director, from the Board of United...

I have been asked that can one trade stocks daily in Nigeria? And the answer is yes and no. see detail answer soon.

MAY 02, 2020 EDITORS PICK Warren Buffett's Berkshire Hathaway Sold $6.1 Billion In Airline Stocks, Exiting All Positions Earlier last month, Investingport reported that Warren Buffett’s investment company Berkshire Hathaway sold it’s airline stocks down to below 10 percent in what seems like a...

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