Investment

Naira Dollar Exchange Rate: MTN Suffered ₦925.4 Billion Foreign Exchange Loss in 2024

Naira Dollar Exchange Rate: MTN Suffered ₦925.4 Billion Foreign Exchange Loss in 2024

In its recently released 2024 full-year earnings, MTN Nigeria Communications Plc reported a staggering ₦925.4 billion in foreign exchange losses,… Read More

2 months ago

Lafarge Africa 2024 Results: Profit Soars by Nearly 100%, But Shareholders Get Dividend Cut

Lafarge Africa Plc has posted impressive results for the financial year ended December 31, 2024, with profit after tax rising… Read More

2 months ago

New NERC Directive: Offenders to Pay ₦5 Million for Illegal Meter Bypass

The Nigerian Electricity Regulatory Commission (NERC) has intensified efforts to combat meter tampering and energy theft, citing their significant impact… Read More

2 months ago

Ghana’s President seeks to renegotiate $3 Billion IMF Program

Ghana’s newly elected president, John Mahama, is setting the stage for a significant economic shift as he prepares to revisit… Read More

2 months ago

Apple to Invest $500 Billion in U.S Amid Trumps Tariffs On Chinese Imports

Apple Inc. announced on February 24, 2025, a $500 billion investment in the United States over the next four years.… Read More

2 months ago

Alibaba’s $53 Billion AI Investment: Current Developments and Future Expectations

On February 24, 2025, Alibaba Group Holding Ltd., the Chinese tech giant co-founded by billionaire Jack Ma, announced a monumental… Read More

2 months ago

The Lunch Hour: Kola Karim – Nigeria Should Be Producing 4–5 million Barrels of Oil Per Day

"We saw an opportunity to deepen our participation in oil and gas, and we took it." Kola Karim is the… Read More

2 months ago

Argentina’s President Milei Faces Fraud Allegations Over $LIBRA Token Promotion

Argentina’s President Javier Milei is at the center of a growing controversy following his brief promotion of the LIBRA token,… Read More

2 months ago

The Struggles and Reforms of Nigeria’s National Grid: A 15-Year Journey

The national grid of Nigeria has been the backbone of the country’s electricity distribution system for decades, but it is… Read More

2 months ago

Pi Network’s Launch on OKX: What Traders Need to Know

The Pi Network, a mobile-based crypto platform, is set to launch its native token, PI, on the popular OKX exchange… Read More

2 months ago