Category : Search result: investors loss


Diaspora Investors Drive Growth, Expose Real Estate Fault Lines

Nigerians in diaspora are now the primary force in luxury real estate, driving sales with over $6 billion annually. Their investments fuel growth but also reveal deep-seated issues like fraud and title insecurity. Discover the full impact and the push for

Investors gain N1.7tr in NGX Santa-Claus rally

The Nigerian stock market's Santa-Claus rally intensified last week, adding N1.7 trillion to investor wealth. Market capitalisation hit N96.94 trillion as pre-Christmas buying boosted key sectors. Read the full analysis.

Fire Destroys Sabuwar Lale Furniture Market in Kano

A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.

Drake loses N296m bet on Jake Paul vs Joshua

Canadian rapper Drake lost a massive N296 million bet after Anthony Joshua knocked out Jake Paul in Miami. Netizens react to the infamous 'Drake Curse' striking again.

Frank: No Quick Fix for Spurs' Struggles

Tottenham boss Thomas Frank insists he retains board support but admits there's no quick solution to the team's poor form. Spurs sit 11th ahead of Liverpool's visit.

Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

Pfizer Shares Fall on Weak 2026 Profit Outlook

Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.

N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions

Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.

11 DStv Channels May Vanish in 2026 Over Deal

MultiChoice confirms 11 channels, including CNN and Cartoon Network, could be removed from DStv by Dec 31, 2025, if a new deal with Warner Bros. isn't reached. Learn the full list and alternatives.

Nigeria loses $363m yearly to EU beans ban

Nigeria loses over $360m annually due to the EU ban on dried beans exports, caused by dangerous pesticide levels. Stakeholders demand urgent agricultural reforms and seed preservation.

Barber's Shop Demolished After Huge Investment

A Nigerian businessman's fully-equipped barbing salon was demolished after months of work, leaving him devastated. He blames a terrible access road and a difficult landlord.

Fitness Coach Dies After Extreme Eating Challenge

Russian fitness coach Dmitry Nuyanzin, 30, tragically passed away after cardiac arrest following extreme binge-eating challenge to promote weight-loss program. Health experts warn about dangers.

St. Kitts & Nevis Citizenship: Nigeria's New Dream

Nigerian elites are securing St. Kitts & Nevis citizenship for visa-free global travel, tax benefits, and family security. Discover the limited-time offer for a family of four. Act now!

IUX Trading Volumes Jump 68% Amid Rapid Growth

IUX broker reports 68% quarterly growth to $541B. Explore how their negative balance protection, zero stop-out, and segregated funds safeguard Nigerian traders in volatile markets.

Valency Agro Secures N13bn for Agro-Export Expansion

Valency Agro Nigeria Limited has secured N13 billion in a new commercial paper issuance. The funds will expand processing for cashew, soybean, cocoa, and sesame, boosting Nigeria's agricultural exports.

Nigerian Stock Market Loses N2.1 Trillion

Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.

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