Samuel Nwite
AUTHOR: Samuel Nwite
S&P 500 Hits Fresh Intraday Record as AI Rally Reignites and Rate-Cut Bets Return
U.S. stocks pushed into uncharted territory on Wednesday, with the S&P 500 notching its first intraday record in more than a month as investors...
BP Sells 65% Stake in Castrol to Stonepeak for $6bn, Advancing $20bn Divestment Plan
British Petroleum has agreed to sell a 65% stake in its iconic Castrol lubricants business to U.S.-based infrastructure investor Stonepeak in a deal generating...
PZ Cussons Nigeria Swings to N37.9bn PBT in H1 2025 as FX Gains, Asset...
PZ Cussons Nigeria Plc has reported a sharp return to profitability in its unaudited results for the half year ended 30 November 2025, posting...
Nigeria’s Fiscal Strain Deepens as H1 2025 Deficit hits N5.7tn Amid Weak Revenue and...
Nigeria recorded a fiscal deficit of about N5.7 trillion in the first six months of 2025, underscoring the persistent strain on public finances as...
Nvidia Moves to Swallow Groq in $20bn Cash Deal, Signaling New Phase of AI...
Nvidia has agreed to acquire Groq, a fast-rising designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash deal that would rank...