Mutual Funds Assets Surge By 81.5% To N3.5 Trillion, Driven By FX Appetite
In the first nine months of 2024, Nigeria's mutual funds industry saw a significant increase of 81.5% compared to the...
Nigerian Breweries Face Significant Losses Due To FX Revaluation Woes
Nigeria's top breweries, including Nigerian Breweries, Guinness Nigeria, and International Breweries, have faced big losses in 2023 and the first...
Canada Orders TikTok to Shut Down Business Operations Amid National Security Concerns
The Canadian government has ordered TikTok to cease all business operations in the country, because they are worried about national...
Dangote Refinery Faces Legal Challenge Over Petrol Market Monopoly
Three major oil marketers, AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited, have filed a counter...
Malaysia to Phase Out Compressed Natural Gas Vehicles Over Safety Concerns
The Malaysian government plans to stop using compressed natural gas (CNG) in cars because of safety issues and the fact...
Donald Trump’s Shocking Crypto U-Turn: What Does it Mean for the Future of Bitcoin?
Donald Trump's win in the 2024 US presidential election has caused a big reaction in the cryptocurrency market. Bitcoin, the...
Nvidia Surpasses Apple as World’s Largest Company by Market Capitalization
Nvidia Corporation has now become the world's largest company based on its market value, passing Apple Inc. As of the...
Meta Platforms Fined $15.67 Million by South Korea for Misusing Sensitive User Data
Meta Platforms, Inc., the parent company of Facebook, has been fined 21.62 billion won ($15.67 million) by South Korea's Personal...
World Bank Approves $50 Million to Combat Nigeria’s Nutrition Crisis
The World Bank has announced its approval of a $50 million fund to help Nigeria tackle its urgent nutrition problems...
Trump’s Media Business and Tesla Stocks Surge as Former President Nears Second Term
Tesla's shares and Donald Trump's media company, Trump Media & Technology Group, have seen a significant surge as the former...
Nigeria’s Federal Government Records N4.53 Trillion Budget Deficit in Q2 2024
In the second quarter of 2024, Nigeria's Federal Government had a fiscal deficit of N4.53 trillion, which is a big...
World Leaders Congratulate Trump on US Election Victory
As Donald Trump claims victory in the 2024 US presidential election, world leaders have swiftly extended their congratulations. Notable leaders...
Meta Extends Ban on New Political Ads Following US Election
Meta Platforms, Inc., the parent company of Facebook and Instagram, said today that it will keep its rule stopping new...
Memecoins Surge Ahead of US Elections
The memecoin market is seeing a big rise, with its total value now at $62.3 billion, which is 4.3% more...
Apple Submits $10 Million Investment Proposal in Indonesia Amid iPhone Ban
Apple Inc. has formally submitted a proposal to invest approximately $10 million in Indonesia aiming to increase its production of...
