Nigeria is home to over 10,000 high-net-worth individuals (HNWIs), controlling a combined wealth of over $50 billion. This affluent segment is driving an unprecedented surge in luxury spending, from high-end…
Nigeria’s food crisis, exacerbated by the recent Maiduguri floods, underscores the critical intersection of climate change, infrastructure challenges, and socio-economic vulnerabilities. The deluge, triggered by the collapse of the Alau…
Global Crypto Markets — The cryptocurrency market is abuzz as three top altcoins recorded staggering price surges of over 100% in the past week. The rally, driven by increased investor…
In a significant financial development, MultiChoice Group, the parent company of DStv, has written off ₦31.6 billion (approximately $21 million) due to the liquidation of Nigeria’s Heritage Bank. This decision,…
The U.S. retail sector has been making headlines with its recent resilience, as retail sales rose by 0.4% in October 2024. While this growth highlights the strength of the U.S.…
Northern Nigeria Flour Mills PLC (NNFM), a key player in Nigeria’s food and agro-allied industry, has announced an interim dividend of 50 kobo per share for its shareholders. This development…
Access Holdings Plc Expands Its Pan-African Presence by Expanding into Maritius
Nigeria’s inflation rate has recently surged to 32.70% as of September 2024, marking the first significant increase in three months. This trend has been fueled by a mix of fuel…