The market capitalization of Nigeria’s top five banks, or FUGAZ, increased by 4.41 percent to N3.0 trillion at the end of the week. All five tier-1 Nigerian banks had positive market sentiment at the end of this week’s four trading days, with ACCESS HOLDINGS Plc (8.77%) being the best-performing bank. FUGAZ Investors had a successful …
In an official press conference held on May 10, 2023, Coldwell Banker Egypt and Estate Waves announced the launch of a prop-tech platform known as Meta Egypt. Over 450 projects and over 30,000 residential, commercial, and administrative units from 100 of Egypt’s largest real estate development firms are anticipated to be presented in the announcement …
Meta Egypt is launched by Estate Waves, and the proptech ecosystem in Africa grows. Read More »
Is it true that you are thinking about having a family? Congratulations! One of the most fulfilling experiences of all time is becoming a parent. However, managing your debt and the stress it causes is an essential step you must take before starting a family. Let’s now talk about some tips for managing debt. First …
Make your finances a priority: Parenting debt management Read More »
The unaudited Q1 financial statement for the first quarter that ended on March 31, 2023, has been made available by FBN Holdings Plc. The Gathering posted a benefit before duty of N56.105 billion for Q1 2023 a 53.64% development from N36.518 billion detailed in Q1 2022. In comparison to N32.401 billion in 2021, profit after …
In the week that ended on June 2, 2023, the All-Share Index increased by 5.37 percent, resulting in a bullish close for the Nigerian Exchange (NGX). The Federal Government of Nigeria declared Monday, May 29, 2023, as a Public Holiday to commemorate the inauguration of the newly elected President of the Federal Republic of Nigeria. …
SWOOTs are stocks with a market capitalization of more than one trillion dollars. They are the stocks with a market valuation of something like N1 trillion. Airtel Africa, MTN Nigeria, Dangote Cement, BUA Foods, and BUA Cement are the stocks in this group. At the end of market exercises for the week, the consolidated market …
SWOOTs appreciates by 5.64% as market capitalization hits N19.898 trillion Read More »
Five Nigerian startups have been given N17.5 million to develop novel solutions to the country’s Water Sanitation Hygiene (WASH) issues. Green Cycle, SPARKLING Light, SCHRODINgER, and Tech Retreasure are the five new businesses. During the WASH Hackathon Innovation Fair 2.0 in Lagos, each of them received N3.5 million and a mentorship program for four months. …
At the WASH Innovation Challenge, five Nigerian startups receive N17.5 million. Read More »
When we are young, in good health, have multiple sources of income, and live our lives to the fullest, we frequently ask ourselves why we need insurance. Notwithstanding the amount you procure or how smooth your business is going on, how fit and solid you are, quite possibly of the main monetary choice in life …
1. Economic Stability Financial security is the primary motivator for investing. Investing gives you the chance to create a safety net for your family and yourself. You may be able to achieve your financial objectives and have a consistent source of income. Your portfolio may be diversified and your risk can be reduced by investing …
For the past few years, the value of the Nigerian Naira has fluctuated, making it difficult for businesses of all kinds to remain afloat and safeguard their assets. To combat the consequences of the depreciating naira, it is crucial to have effective solutions in place. Impact of the Falling Naira on Organizations The worth of …
How to Guard Your Company Against The Falling Naira Read More »
