Nigerian Stock Market Value Rises by N1.5trn in One Week
- The Nigerian Exchange ended the week with a strong performance as consumer goods, industrial, and insurance stocks drove the market
- During the week market recorded three consecutive days of gains, compared to two negative sessions
- On Friday, Omatek Ventures Plc, Omatek Ventures Plc, Sovereign Trust Insurance Plc led the gainers table
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy,
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Read MoreCrypto kidnappings on the rise as criminals resort to “wrench attacks”
The recent case of an Italian tourist who was kidnapped in New York City and tortured by people allegedly after his cryptocurrency is drawing attention to a rash of crimes dubbed “wrench attacks,” which combine cybertheft with old-fashioned thuggery.
The term stems from an XKCD comic that depicts a “crypto nerd’s imagination”
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Read MoreActive Funds See Surging Inflows But Can They Beat the Market?
Trashing actively managed funds has been one of the biggest trends in financial markets over the past decade. Stacks of evidence proved that blindly buying the whole market delivered better returns than paying an expert to pick the winners, leading to massive inflows into index funds and outflows from their active counterparts.
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Read MoreStocks vs Mutual Funds: What’s the Smarter Bet for Long-Term Wealth?
As India witnesses an unprecedented surge in retail investing—with over 185 million demat accounts and monthly SIP inflows exceeding over ₹20,000 crore—millions of first-time investors are asking a fundamental question: Should I pick my own stocks or let a professional manage my money through mutual funds?
Stocks: High Reward,
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Read More5MSFT : Microsoft Options Trading: A Deep Dive into Market Sentiment
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various …
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Read MoreThe Burst
The Billion Sq/Ft Gorilla REIT to Own
Real estate has been on fire, despite a challenging economy. Rents continue to soar, as do property values. From 2020 to 2021, during the heart of the COVID-19 pandemic, REITs performed extremely well, with earnings of up 24.6 percent.
Indeed, REIT returns over the past few decades have rivaled the stock market,
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Read MoreThe Ivy
$5,000 Invested In This 10.87% Dividend Yield Stock Could Be Huge
Not all dividends are cut from the same cloth. If you’re going to buy a high dividend-yielding stock, top of the list of questions to ask is how sustainable is the dividend? Is it safe? Or will it be slashed?
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