Category: Business
MTN offers retail investors N21 price discount as digital public offer opens today
MTN Nigeria Communications Plc is wooing retail investors with a price discount of N21.00 per share as its public offer opens today at N169.00 per share. The Company’s...
Will crypto conquer the world? OctaFX finds out
There is hardly anyone left who is not familiar with the bitcoin bull market. A few but dramaticcorrections made this historic run more exciting. Blockchain technology...
How Seven Banks’ Q3 Profit Surpassed GDP Growth Rate
DESPITE a sluggish economy, difficult operating environment, increased competitive intensity, currency devaluation and other macroeconomic challenges that continue to...
How Nigerian food brands can win in Africa
The local food manufacturing industry used to be a major contributor to Nigeria’s economy from 1960 to 1969. PricewaterhouseCoopers reports that the sector brought in...
Forex constraint depresses investments in stock mark
The investors committed N636.60 billion to the market, about 1.9 percent decline from the N648.91 billion they posted in the corresponding period of 2020. Industry...
Bitcoin hits $60,000, nears record high with growing ETF hopes
Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident that U.S. regulators would approve the launch of an...
CBN battles forex market dark forces
…Naira depreciates further in the black market …As external sector waxes stronger At the backdrop of speculations that some powerful forces are behind the recent...
How Adebayo Soewu Built Business Conglomerate From Scratch
Like diamond in the sun, Asiwaju Otunba Fatai Adebayo Soewu, the Chief Executive Officer of F.A Feedmills Global Services Nig. Ltd, glows, thus adorning the Nigerian...
Rewane Highlights Factors to Propel Nigeria’s Growth in 2021
As Nigeria beams searchlight on ways to recover from the current economic recession, the Chief Executive Officer of Financial Derivatives Company (FDC) Limited, Mr....
CBN: Naira recovery against dollar to begin February 2021
•Firms envisage higher interest rates from January THE Central Bank of Nigeria (CBN) has said the naira will begin recovery against the dollar and other global...
