Smart Money Moves for Young Professionals
It is crucial to set yourself up for financial success and start making smart money moves as early as possible This is when you are starting your career, figuring out your life goals, and trying…
Category: Digest Nigeria
Saudi Arabia’s EV strategy is under risk as a result of severe losses.
Lucid Motors, an American electric vehicle (EV) company and a major beneficiary of Saudi Arabia's Vision Fund, has recently been in the spotlight due to its mounting losses. According to reports, Lucid has lost approximately…
The U.S. made a breakthrough battery discovery — then gave the technology to China
When a group of engineers and researchers gathered in a warehouse in Mukilteo, Wash., 10 years ago, they knew they were onto something big. They scrounged up tables and chairs, cleared out space in the…
Buhari approves acquisition of Exxon Mobil shares by Seplat Energy
President Muhammadu Buhari has given approval to the acquisition of Exxon Mobil shares by Seplat Energy Offshore Limited, in his capacity as Minister of Petroleum Resources, the Presidency has said. According to a statement by…
NGX All Share Index gains 0.06% as UPDC, UCAP top week gainers
Nigerian Stock market closed the week on a slightly positive note as the performance index, All-Share Index recorded a marginal growth of 0.06% to close at 38,943.87 points on Friday, 17th September 2021 compared to…
Folorunsho Alakija: From a middle-class home to becoming Nigeria’s richest woman
Hardly would you find a list of Nigeria’s richest entrepreneurs without the name – Folorunsho Alakija popping up. Several rankings have acclaimed her to be the richest woman in Nigeria, and the 2020 list of…
Stocks worth over one trillion lose N131.54 billion in market cap
The combined market capitalization of the stocks worth over one trillion (SWOOT) depreciated by 0.95% to close at N13.79 trillion from N13.92 trillion the previous week, reflecting a loss of N131.54 billion. Stocks included in…