Elon Musk, CEO of Tesla, lost a whopping N3.62 trillion on Tuesday after investors dumped the company’s stock following reports that Twitter shareholders had approved his acquisition offer. Investors sold the stock for as little… Read More »Elon Musk suffers a N3.62 trillion loss as Twitter shareholders finally approve acquisition deal
Femi Otedola, the chairman of Geregu Power Plc, has been named chancellor of Augustine University, a Catholic institution affiliated with the Lagos Archdiocese. Nicholas Obayi, the university’s spokesperson, said in a statement: “Augustine University Ilara-Epe… Read More »Augustine University names Femi Otedola as chancellor.
Trading on the Nigerian bourse closed positive on Friday with the All-Share Index (ASI) increasing by 0.17% to close at 52,908.24 from 52,815.78 on Thursday. Stock market closes positive, index gains 0.17%. Similarly, market capitalisation… Read More »Stock market closes positive, index gains 0.17%
The Coca-Cola Foundation awards grant to GBF to launch Empowering Collector Initiative (ECI) to create a sustainable and viable plastic waste ecosystem in Nigeria
The Coca-Cola Foundation has awarded a grant to the Growing Businesses Foundation (GBF) targeted at strengthening the plastic waste management value chain through its Empowering Collector Initiative, a program designed to improve the largely informal… Read More »The Coca-Cola Foundation awards grant to GBF to launch Empowering Collector Initiative (ECI) to create a sustainable and viable plastic waste ecosystem in Nigeria
he Debt Management Office (DMO) has listed two new Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. DMO’s Director-General, Patience Oniha. According to the DMO, the first one is a… Read More »DMO lists 2 new FGN savings bonds for subscription at N1,000 each
he Naira on Thursday, depreciated at the Investors and Exporters window, exchanging at N419.50 to the dollar, a 0.12 percent depreciation, compared to N419 on Wednesday. Naira Dollar (NNN) The open indicative rate closed at… Read More »Naira loses by 0.12%, exchanges at N419.50 to dollar