Investment
For Investors. Nigerian Stock Exchange (NSE) Stocks, Bonds, T-bills, Real-Estate, etc.
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THE Group Executive Director of BUA Group, Kabiru Rabiu, says the firm is eyeing the production of lithium, a highly valuable commodity in the production of batteries. Rabiu said this in Abuja today, May 12, 2022 on the sidelines of the African Finance Corporation (AFC) Live Infrastructure Solutions Summit. The BUA boss, who acknowledged the company’s growth in pasta, flour and cement production, explained it was considering a move into crude oil refining and petrochemicals. He pointed out that several states were sitting on abandoned lithium deposits that can be converted into material gains. He said, “We also want to go massively into mining. We ac…
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Mark Zuckerberg is currently counting losses after he lost billions of dollars to a global outage that hit his platforms, Facebook, Whastapp and Instagram. The crash which lasted for 6 hours, leftover 2.6 billion customers locked out. That’s not all, it also left staff locked out. Hours before the outage, a whistleblower came forward and revealed her identity which also likely contributed to the outage. In just a few hours, Zuckerberg’s personal wealth was reduced by over $6 billion. According to the Bloomberg Billionaires Index, this has cost Zuckerberg the fifth position among billionaires. Now, he stands with $120.9 billion in sixth place, behind Bill Gates. Share…
Last reply by envy, -
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Stock slide knocks his net worth down to $120.9 billion Mark Zuckerberg’s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline. A selloff sent the social-media giant’s stock plummeting around 5% on Monday, adding to a drop of about 15% since mid-September. The stock slide on Monday sent Zuckerberg’s worth down to $120.9 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index. He’s lost about $19 billion of wealth since Sept. 13, when he was worth…
Last reply by envy, -
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Investors distraught as Insha Allahu Investment boss disappears Phony companies continue to take advantage of the harsh economic situation in the country to scam people looking to make extra income. Investors in Insha Allahu Asset Management and Investment Limited have been left stranded as the management of the company has closed shop while company CEO Abdulakeem Morendayo is on the run, Peoples Gazette can report. Insha Allahu is one of the now ubiquitous investment companies springing up across Nigeria and currying investors funds. They show up claiming to be stockbrokers or offer financial or investment advice. They claim their investm…
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