FMDQ becomes full member of African Securities Exchanges Association
The status of FMDQ OTC Securities Exchange as a “full member” Exchange of the African Securities Exchanges Association (ASEA) was ratified at the Association’s Annual General Meeting (AGM), which opened…
Power ministry to prioritise TCN funding towards 10,000mw transmission
The Federal Government will henceforth make it its major priority to assist the Transmission Company of Nigerian (TCN) in accessing long-term expansion funding. These funding matrixes are to ensure a…
LAMATA implements new measures against Mile 12 gridlock
One week after the launch of the Mile 12-Ikoroddu Bus Rapid Transit (BRT) classic operations with 434 buses rolled out, the Lagos Metropolitan Area Transport Authority (LAMATA) says it is…
Ambode, US envoy, others point way to deepening democratic culture in Nigeria
Governor Akinwunmi Ambode of Lagos State has said that a life of service to humanity and exemplary leadership is urgently needed to deepen the democratic culture in Nigeria. Ambode made…
Illegal mining: Nigeria loses N8trn biennially – Senate
As the Muhammadu Buhari-led administration grapples with fall in prices of crude oil, which account for over 70 percent of the nation’s foreign exchange earnings, it has been revealed that…
Current policy regime inconsistent with growth, job creation, poverty reduction – Soludo
The current foreign exchange policy regime has been described as inconsistent with objective of growth, job creation and poverty reduction. Indeed, the data from National Bureau of Statistics (NBS) equally…
Go Small or Go Home? Retailers Turning to Downsized Stores for Growth
Retailers are facing some challenges as shopping patterns change and sales dollars move online. Younger shoppers in particular are more inclined to look for good value in their shopping experience.…
Middleby Corp Stock Takes a Dive After Earnings Miss — What’s Next?
Middleby (NASDAQ:MIDD), the top manufacturer of commercial kitchen equipment, saw firsthand just how fickle the market can be. After the company missed earnings expectations by $0.02 per share, investors responded…
Does the Double-Digit Selloff in Fossil Group Stock Create an Opportunity for Investors?
It takes a lot for the market to push a stock down more than 34% in a single trading day. However, that is precisely what happened last week with shares…
Why Universal Insurance Holdings Jumped 14% Today
Admitting fear is difficult. So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that’s keeping…