Investors trading on the Nigerian Exchange Limited (NGX) witnessed a significant loss in their investments over three days as profit-taking persisted in fundamental stocks. The overall market capitalization closed at…
Category: Top Stories
Relief As CBN Clears $7bn Forex Backlog Amid Boosting Economic Stabilization
The Central Bank of Nigeria (CBN) has announced the clearance of all forex backlogs, a significant stride towards economic stabilization. This achievement fulfills a commitment made by CBN Governor, Mr…
Inflation: Argentineans Abandoned US Dollar, Shift To Bitcoin
Argentineans are turning to Bitcoin as a shield against record-breaking inflation, marking a significant shift in the country’s economic landscape. Recent data indicates a surge in Bitcoin purchases in Argentina,…
French Authority Hit Google With €250m Fine For Copyright Infringement
The Autorité de la Concurrence in France has hit tech giant Google with a €250 million fine due to its failure to comply with copyright regulations. This move marks the…
Naira Gains Ground, Hits N1,400/$1 In Parallel Market
In a remarkable turn, parallel market operators are now offering a buy price of N1400/$1 for those willing to sell dollars, signaling a notable strengthening of the Naira. This shift…
Casemiro Withdrawn From Brazil Squad As Personal Doctor Detects Hamstring Injury
Manchester United’s star midfielder, Casemiro, raised concerns as he complained of a hamstring issue during training ahead of the FA Cup clash against Liverpool. “We had a practice session, and…
NGX Sees Second Consecutive Day of Negative Trading As Investors Lose N62bn
For the second day in a row, the Nigerian Equities Market witnessed a downturn in trading activities, resulting in investors facing losses worth N62.21 billion, according to data from the…
Ferrari Faces Legal Action For Brake Defects Amid Over $200,000 Luxury Sport Car
Ferrari NV, renowned for its luxury sports cars, is under legal scrutiny in the United States. A class-action lawsuit filed in San Diego federal court accuses them of negligence in…
Elon Musk Regains America’s Wealthiest Person Title From Jeff Bezos With $5.5bn Surge In One Day
Elon Musk, the enigmatic entrepreneur behind Tesla, has once again clinched the title of the wealthiest person in America, surpassing his rival Jeff Bezos. According to the Forbes Real-Time Billionaire…
I’m rich doesn’t mean you should ask me for money- Netizens React As Tiwa Savage Takes Stand Against Begging Culture
Nigerian singer Tiwa Savage has taken to social media to voice her dissatisfaction with individuals who persistently ask her for money. The renowned musician, known for hits like “Somebody’s Son,”…