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Category: Economy

Want a rock-solid income EVERY month from your inv...

Investing for income has been somewhat sidelined in recent years as many have been drawn to the potential gains from global tech s...

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Do NOT rely on the state pension - this is why it ...

I consider myself a lucky boy. I'm in receipt of the maximum 'new' state pension and have been pocketing it since June last year, ...

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How to build an 'escape fund' to quit your job or ...

If you're serious about making a life-changing getaway, having a decent pot of money stored up can help you take the leap.

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I blew £120,000 on risky trading bets: This is how...

When Grant Davies went for lunch with a couple of his high-flying friends in 2009, he thought he was going to enjoy a leisurely fe...

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Burnham urged to scrap inheritance tax raid on fam...

Andy Burnham has been urged to scrap inheritance tax on family firms and rule out further raids on struggling businesses.

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Here's what the Common Cents Act means for busines...

New law aims to address how businesses and consumers should transact amid the phase-out of the penny.

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Senators introduce bipartisan plan to tackle Socia...

The Promise Act would establish a legislative procedure with the goal of preserving Social Security's trust funds for the next 50 ...

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United Airlines anticipates $6 billion in added fu...

U.S. airlines say higher jet fuel prices are costing them billions more than they anticipated at the beginning of the year.

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Warsh vows to tackle inflation in first testimony ...

Federal Reserve Chairman Kevin Warsh told the House Financial Services Committee that the central bank has "no tolerance for persi...

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U.S. to impose 25% tariffs on Brazilian imports ov...

The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by...

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Jamie Dimon says he understands why people have gr...

Jamie Dimon says he understands why Americans have grown anti-rich, pointing to decades of failed policies that left lower-income ...

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Warren Buffett excludes Gates Foundation from his ...

The 95-year-old investor redirected nearly $6 billion in Berkshire Hathaway stock to his children's foundations after cutting Gate...

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Quick Question for Everyone Here

If you had ₦500,000 to invest today and you could only pick ONE option which would you choose? -- Nigerian stocks on the NGX -- ...

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BlackRock Beats Earnings Expectations

BlackRock Beats Earnings Expectations as Assets Under Management Reach Record $15.34 Trillion BlackRock reported stronger-than-ex...

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Q2 Earnings Season Kicks Off July 30 — UPDC and Ar...

July 30 is shaping up to be a loaded day. UPDC just entered its closed period after that unusual volume spike (654% above its 90-d...

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Cutix's Audited Results Land the Same Week as the ...

Cutix just approved its full year audited results for release on July 29, right in the thick of a season dominated by headline nam...

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Investing Through Market Cycles

The recent movement on the Nigerian Exchange (NGX) has been a powerful reminder that markets move in cycles. After an extended bul...

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The Federal Government Borrowed ₦5 Trillion in Jus...

This number stopped me when I saw it and I think it's worth an honest conversation. The Federal Government raised ₦5.08 trillion f...

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This is wild: Oyo State Governor Seyi Makinde has ...

Oyo State Governor Seyi Makinde has called on the United Nations and other international human rights and accountability bodies to...

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The Numbers Have Finally Spoken: Has Caverton Real...

Last week, @Judis posted an important question: Caverton's CFO Quit Mid-Audit, the ERP System Crashed, and the Auditors Had Regula...

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England Vs Argentina 1 - 2 World Cup Semi final -...

England v Argentina was one hell of a game, and Messi did it again. Argentina cheated their way to the top but today, they were wa...

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Watches of Switzerland's profits buoyed by demand ...

Watches of Switzerland said there was 'continued pressure on consumers in the UK', but added that there were 'signs of improvement...

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South East Water to pay £30.5m penalty after Ofwat...

South East Water will have to pay £30.5million after investigations by the water regulator found there had been 'repeated' supply ...

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I'm a property expert: Here's why I'm still keen t...

This month we spoke to property investor Marc von Grundherr, director at London estate agent Benham & Reeves.

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Two new student bank accounts launched - one offer...

Lloyds and Santander have just announced their student current account deals for 2026, with a raft of perks and prizes on offer.

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Self-employed and landlords could be forced to pay...

Labour is consulting with HM Revenue and Customs (HMRC) over plans to get the self-employed and landlords paying tax monthly on in...

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Millions of Americans take on debt and drain savin...

A quarter of working-age adults use credit cards to purchase groceries but struggle to repay their debts, a new study finds.

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Egg producers reach federal and state settlement a...

Three U.S. egg producers will be required to provide 53 million eggs to food banks and to pay a $3.3 million financial penalty.

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12 states sue to block Paramount-Warner Bros. Disc...

The suit poses a new challenge to the $110 billion deal that would unite two of the nation's largest media companies.

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States call out big businesses with employees on M...

With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big compani...

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Meta expands Louisiana data center in $50B AI push...

Meta said the $50 billion expansion will make its Richland Parish site one of the largest data centers in history while bringing j...

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What stock are you buying Now that the Nigeria sto...

People dont know that this is a great time to create wealth, things are becoming cheaper, Nigeria stock exchange stocks are becomi...

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Sterling HoldCo Announces New Board Appointments

Sterling Financial Holdings has appointed Olubisi Makoju as an Independent Non-Executive Director, while Olayinka Oni joins the bo...

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SpaceX Stock Pulls Back After Explosive IPO

SpaceX Stock Pulls Back After Explosive IPO: Here’s What’s Happening SpaceX has experienced a sharp pullback after one of the big...

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CBN's New HoldCo Capital Proposal: Another Capital...

Just months after many banks completed their recapitalization, the CBN has proposed new guidelines that could require Financial Ho...

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MTN Nigeria is down ₦100 today to ₦815,Seplat just...

Here is what today's market is actually telling us: MTN Nigeria is trading at ₦815.00 today — down ₦14.90 from its recent ₦915 lev...

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Equatorial Guinea man Chief Baltasar Engonga with ...

Chief Baltasar Engonga, the Equatorial Guinea politician as come forward to deny the sex tape allegations, he said the leaked sex ...

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4 ETFs Analysts Say Long-Term Investors Should Con...

4 ETFs Analysts Say Long-Term Investors Should Consider Building long-term wealth through investing doesn’t always require picki...

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Nigeria Back on the Global Radar? S&P Places the C...

Nigeria's capital market has taken an important step forward after S&P Dow Jones Indices (S&P DJI) placed the country on its 2027 ...

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Caverton Releases 2025 Audited Results: Mixed Perf...

Caverton Offshore Support Group Plc has released its audited 2025 financial statements, reporting a pre-tax loss of N13.87 billion...

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Britain is failing on financial education: I'm 15 ...

Despite plenty of well-meaning campaigns to get financial education on the school curriculum, the reality is that we get very litt...

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Tax-friendly Gibraltar ups wealth requirement for ...

The British Overseas Territory is considered an attractive location for high net worth people due to its low personal taxes. There...

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Easyjet accepts rival takeover bid from US investo...

Easyjet has asked investors to accept a rival takeover bid worth £5.7billion from another US investor, as it eyes an exit from the...

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Taxes are hitting us harder than war in Middle Eas...

MJ Gleeson said its outlook was 'uncertain' due to the economic impacts of geo-political events and potential policy changes with ...

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Jet fuel prices have dropped. Why are air fares st...

Lower jet fuel costs spell relief for airlines. But that doesn't mean they'll pass savings onto customers by lowering airfares, ex...

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White House announces "Freedom Fuel" gas station s...

The Freedom Fuel Network is offering gasoline for more than 30 cents a gallon below the national average.

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Millions of Americans have until July 10 to claim ...

A federal court ruling enabled some taxpayers to seek refunds tied to COVID-era filing deadlines. But that window expires July 10 ...

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Home prices across the U.S. hit an all-time high

Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.

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A Florida airport is now named after Trump, with o...

Palm Beach International Airport officially became Donald J. Trump International Airport on Thursday, but the airport's code won't...

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Toyota to invest $3.6B in plant expansion, will sh...

Toyota plans a $3.6 billion expansion of its Texas manufacturing campus that will add thousands of jobs and transition some Tacoma...

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Famed permabear warns SpaceX IPO could be laughed ...

British billionaire Jeremy Grantham calls SpaceX the "craziest IPO in the history of man," predicting the stock's valuation will b...

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NGX Group: Why Own One Company When You Can Own th...

‎When most investors think about NGX Group, they see just another listed financial stock. But that may be the wrong way to view th...

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E-Tranzact Declares Dividend for FY 2025

E-Tranzact Declares Dividend for FY 2025 E-Tranzact International Plc announced a dividend for the year ended December 2025. Regi...

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NGX Group and Vitafoam Graduate to High-Priced Sto...

NGX Group and Vitafoam Graduate to High-Priced Stock Category as Share Prices Continue Strong Run The Nigerian Exchange (NGX) has...

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Wema Bank Pays N50bn Dividend

Wema Bank Pays N50bn Dividend Three major shareholders of Wema Bank are set to receive 63% of the N50 billion dividend payout. W...

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Nigerian Market Update (11 July 2025): Bulls Keep ...

Nigerian Market Update (11 July 2025): Bulls Keep Charge as Market Rallies Further Dear Investor, The Nigerian equities market c...

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NGX rides 4th straight winning day — N3.45trn adde...

The bulls are firmly in charge this week. Wednesday's session saw the All-Share Index climb 2.27% to close at 242,459.98, adding a...

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Dangote Cement's N45/share dividend lands this wee...

Timing couldn't be more interesting. Dangote Cement's landmark N45.00 per share dividend is hitting shareholder accounts right aro...

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️ Lafarge Africa Officially Rebrands as HBM Nigeri...

️ Lafarge Africa Officially Rebrands as HBM Nigeria Plc, Trading Symbol Changes to HBMNG The Nigerian Exchange (NGX) has announce...

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MCNichols and Thomas Wyatt Trigger Unusual Volume ...

MCNichols and Thomas Wyatt Trigger Unusual Volume Alert as Trading Activity Surges InfoWARE has issued an Unusual Volume Alert fo...

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International Breweries Wants to Wipe Out ₦191 Bil...

International Breweries Wants to Wipe Out ₦191 Billion in Accumulated Losses and Start Paying Dividends Again- Is This the Turnaro...

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Easyjet shares take off as US investment firm clos...

Easyjet looks set to fall into foreign hands following a takeover offer worth more than £5billion from American raiders.

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Labour donor urges Andy Burnham urged to slash sky...

One of Labour's biggest donors has urged Andy Burnham to cut sky-high energy prices that are crippling manufacturing, amid fears o...

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Ocado confirms Tim Steiner will step down in 2028 ...

Ocado has confirmed that Tim Steiner will remain as chief executive for at least 18 months before stepping down in 2028 following ...

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Here's exactly how much inheritance YOU need to re...

An inheritance is likely to be the biggest windfall ever to drop into your bank account - one that could change your life. But mos...

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We're pensioners earning less than £1,000 in savin...

My husband and I have had a deduction made to our tax codes for untaxed interest. We only get company pensions and are entitled to...

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U.S. says it's monitoring oil markets for price-fi...

Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.

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What's open and closed on July 3 and July 4? See w...

Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.

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Here's who won — and lost — under Trump's "big, be...

A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal progr...

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More than 100,000 fireworks recalled ahead of July...

Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.

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How to save money on air conditioning as electric ...

As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help ...

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Didi-Omah: Elon Musk, Massive Robots, Equality, An...

A future where robots will make life easier, and goods totally free for everyone, which these changes will affect jobs, money, foo...

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Why Aradel and Seplat's Cash Position Matters

One thing that caught my attention from the latest analysis of Nigeria's listed upstream oil companies is that Aradel Holdings and...

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Cornerstone Insurance Adjusts Share Price Followin...

Cornerstone Insurance Adjusts Share Price Following ₦0.28 Dividend Declaration ️ Headline Overview Cornerstone Insurance Plc has...

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PZ Cussons Nigeria FY2026 Results

PZ Cussons Nigeria FY2026 Results PZCN posted strong numbers for the year ended May 2026: Revenue grew 22% to ₦260.46 billion, wh...

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Market Rally Signals Return as LINKASSURE, CUTIX &...

Market Rally Signals Return as LINKASSURE, CUTIX & ETFs Trigger Bull Momentum Alert ️ Overview of the Alert On 3 July 2026, the ...

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Motorists facing further delays to £9.1bn car fina...

Four firms unhappy about the FCA's plans to compensate people mis-sold a car loan have launched a legal challenge.

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Should I put my second husband on house deeds to s...

My first husband is deceased and I remarried more than 20 years ago. The house is worth about £385k and is in my name as it was pa...

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How families are using rent to buy to get on the l...

Late last year, Luke and Hollie Brayne, both 24, and their son moved into their dream three-bed home in West Sussex. However, they...

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You'll soon need a Flood Performance Certificate t...

Flood Re said it was working with insurers and lenders to get flood performance certificates up and running.

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Tesla sales roar back to life after backlash over ...

There is speculation that Elon Musk (pictured) will merge Tesla with his rocket firm SpaceX, which joined the stock market in New ...

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StubHub accused of failing to deliver pricey World...

Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit al...

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Taxes on Trump's $1.4 billion crypto income could ...

The White House declined to say how much President Trump paid in taxes on his crypto windfall.

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Spotify removes streams of No. 1 song after suspic...

Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerg...

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Bessent on Trump's crypto earnings: "I don't think...

Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments wi...

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Fortis Global Completes Share Capital Reconstructi...

Fortis Global Completes Share Capital Reconstruction, Trading Suspension Lifted The Nigerian Exchange (NGX) has announced the suc...

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Aradel: Big Drop, But the Business Still Looks Str...

Aradel fell 10% on Wednesday to N1,276, and many investors are wondering what happened. While the price has dropped a lot from its...

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SEPLAT OFF MARKET TRADE

DEAR ALL, A TOTAL OF 165,000 UNITS OF SEPLAT PLC WAS EXECUTED AS AN OFF-MARKET TRADE TODAY, JULY 2, 2026, IN THREE DEALS. THE T...

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Today’s Market Movers

Today’s Market Movers Strong performers today include LEARNAFRCA (+10%), AUSTINLAZ (+10%), UCAP (+8.59%), Caverton (+8.51%), and ...

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List of Companies Paying Dividend in July 2026

NGX-listed companies scheduled to pay dividends in July 2026: 1. Dangote Cement Plc – July 2 (N45.00 per share) 2. Chams Holding ...

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HBM Nigeria Insider Buying

HBM Nigeria Insider Buying Mr. Adesegun Onabanjo bought 75,206 shares of HBM Nigeria between June 11–30 at prices ranging from ₦2...

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Cornerstone Insurance Is Splitting Into Three Enti...

Cornerstone Insurance Is Splitting Into Three Entities — Is This the Most Ambitious NGX Insurance Restructuring of 2026? While mo...

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Nigeria Stock Exchange

Dangote Cement Is Falling Again: Panic Selling or a Buying Opportunity? Here’s What Investors Need to Know Dangote Cement (DANGC...

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Companies Paying Dividends in July 2026

NGX-listed companies scheduled to pay dividends in July 2026: 1. Dangote Cement Plc – July 2 (N45.00 per share) 2. Chams Holding ...

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DIVIDEND INVESTORS: Would You Rather Own ETI, GTCO...

​Dividend season is in full swing, and many investors are positioning for income as well as capital appreciation. Let's compare ...

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How couples who save together can boost their pens...

Couples who take a joint approach to pension saving can end up better off in retirement, though there are some snags particularly ...

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NatWest kicks off student current account battle w...

NatWest's incentive for university students comes earlier than other banks. How does it compare with last year's deals, and should...

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Sheep shearing, sausage making and skateparks - th...

Rob Cunningham, who runs two buy-to-lets in Shrewsbury, offers a butchering course where guests are shown how to make sausages and...

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World's fastest accelerating production car: McMur...

McMurtry Automotive has unveiled its circa £1million final production form of the record-breaking Spéirling Pure - and it'll cover...

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Trump acknowledges he made $1.4 billion in 2025 cr...

After the Office of Government Ethics revealed just how much crypto money the president has been making, Tony Dokoupil asks how th...

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Couples are spending thousands more on weddings. H...

Tariffs, inflation and changing consumer habits are reshaping how much Americans spend to tie the knot.

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Trump Accounts launch July 4. Here's how they work...

People can begin depositing money in the new tax-deferred investment accounts on Saturday, with eligible children receiving a $1,0...

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Employers added 57,000 jobs in June, far below for...

June's payroll gains were much lower than the 100,000 new hires that economists had predicted.

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Trump made over $1 billion on crypto ventures last...

President Trump earned more than a billion dollars from crypto-related ventures alone last year, according to a financial disclosu...

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Top tobacco company to cut thousands of jobs

British American Tobacco plans to cut 5,500 jobs and outsource 3,500 roles as it uses AI to reshape operations amid declining trad...

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Saks emerges from bankruptcy with a new name and a...

Saks Global exits bankruptcy as Exemplar Luxury Group, cutting 75% of debt and closing 62 off-price stores including Saks OFF 5th ...

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BofA CEO Brian Moynihan dismisses recession fears ...

Bank of America CEO Brian Moynihan says a recession is not coming despite his firm predicting three Federal Reserve rate hikes and...

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How YouTube TV and DirecTV Stream subscribers can ...

Disney's $50 million class action settlement pays YouTube TV and DirecTV Stream subscribers who had plans between April 2019 and M...

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DOJ says Alibaba failed to stop illegal pharmaceut...

Alibaba agrees to pay $600 million after admitting it failed to prevent tens of thousands of illegal pharmaceutical sales into the...

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Breaking News: Bullish Momentum Builds as Stocks B...

Breaking News: Bullish Momentum Builds as Stocks Break Above Key 15-Day Average Summary This alert highlights stocks showing st...

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Aradel’s Strategic Energy Asset Web

Aradel’s Strategic Energy Asset Web Aradel Holdings has built a strong position across oil & gas, operating its own fields, holdi...

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Heavy Trading Sparks Market Signal as LINKASSURE a...

Heavy Trading Sparks Market Signal as LINKASSURE and ETF Stocks Record Unusual Volume Surge What Happened? A new Unusual Volume...

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Deap Capital Rebrands as Critical Minerals Financi...

Deap Capital Rebrands as Critical Minerals Financing Corp Plc, Changes Trading Symbol to CMFC What Happened? Deap Capital Manag...

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Aradel Reality Check

Aradel Reality Check If you bought ₦1 million worth of Aradel in April, you’d be sitting on roughly ₦400k–₦500k today. A painful...

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Market update

Robinhood ($HOOD) Continues to Build Strong Momentum Across Its Product Ecosystem Robinhood ($HOOD) continues to demonstrate stro...

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US Working on Ban Targeting Chinese Energy Inverte...

US Working on Ban Targeting Chinese Energy Inverters According to Reuters, the US is preparing measures that could restrict or ba...

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MCNICHOLS PLC Adjusts Share Price Following ₦0.06 ...

MCNICHOLS PLC Adjusts Share Price Following ₦0.06 Dividend Declaration What Happened? MCNICHOLS PLC has officially undergone a ...

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Nigeria Enters Prolonged High-Yield Era as Bond Ra...

Nigeria Enters Prolonged High-Yield Era as Bond Rates Seen Staying Elevated Through Q3 2026 What This Report Is About Market an...

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University Press PLC 2026 Full Year Results

University Press PLC 2026 Full Year Results Revenue grew to ₦3.89 billion (from ₦3.40bn in 2025), while Profit for the year stood...

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Surge in demand for annuities as retirees look to ...

Britons are reconsidering annuities, however data still shows widespread misunderstanding about what they are and how they work.

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Top fund managers told me they tip these six under...

We asked these six investment gurus to tell us which fund holding outside their top-ten is exciting them the most in terms of inve...

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Britain's firms 'under pressure' as energy and tax...

According to latest findings from the Confederation of British Industry, firms across the private sector expect activity to fall i...

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Can a pasty office worker who's lost their job to ...

Millions of jobs are at risk of being taken over by Artificial Intelligence but there are a handful of careers that are guaranteed...

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British American Tobacco to cut 9,000 jobs as it t...

BAT is making sweeping job cuts as it looks to slash costs and increase the use of artificial intelligence across its business.

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Bipartisan housing bill aims to boost homeownershi...

The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.

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Judge blocks Trump administration's SNAP limits on...

The ruling deals a setback to the "Make America Healthy Again" campaign, which seeks to curb purchases of foods officials say are ...

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5 major changes Trump is making in D.C. during his...

President Trump's construction projects include restoring the Lincoln Memorial Reflecting Pool, building a 90,000-square-foot Whit...

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