Thursday, August 20, 2026
Business
FTX Executives were gambling with Customers’ money: CEO testifies before U.S Congress
The current FTX CEO John Ray III has laid the blame for the collapse of the Cryptocurrency exchange squarely on...
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Microsoft acquires 4% stake in London Stock Exchange Group
Microsoft Corp. (NASDAQ: MSFT) on Monday announced that it has taken nearly 4% stake in London Stock Exchange Group (LSE:...
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NEM Insurance Plc projects 55% growth in Profit for Q1 2023
NEM Insurance Plc (NGX: NEM) has projected that it will grow its Profit After Tax (PAT) in the first quarter...
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30 year old former FTX Boss denies fraud, promises to repay Investors
Sam Bankman-Fried, the 30-year-old former boss of FTX Exchange has promised to repay investors that lost money in the collapsed...
Read moreAxa Mansard Insurance Plc forecasts N673mn Profit for Q1 2023
AXA Mansard Insurance Plc (NGX: MANSARD) has posted its earnings forecast for the 1st quarter 2023, projecting a Project After...
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Goldman Sachs on the hunt for crypto firms to acquire
In the wake of the collapse of crypto exchange, FTX, Goldman Sachs has indicated plans to buy or invest in...
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Julius Berger Nigeria Plc to open branch office in Benin Republic
Julius Berger Nigeria Plc (NGX: JBERGER) has notified its Shareholders, The Nigerian Exchange Limited and the investing public that Julius...
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Airtel Africa Plc signs new $194mn loan facility with IFC
Airtel Africa Plc (NGX: AIRTELAFRI) on Tuesday announced the signing of a new $194m loan facility with International Finance Corporation...
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Aero Contractors to resume flight operations in December
Aero Contractors at a news conference in Lagos on Thursday stated that its planes will take to the skies from...
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Rights Issue: Royal Exchange Plc to raise N2.16bn Equity Capital
Shareholders of Royal Exchange Plc (NGX: ROYALEX) has authorized the Directors of the Company to raise equity capital of N2.16bn...
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