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Massive Wealth Deterioration in Nigeria Stock Exchange (NGX): June 2023 ($66B), June 2024 (38B)
This is Nigeria: “On June 9, 2023, the Nigerian Exchange (NGX) closed with a market capitalization of N30.45 trillion, which was about $65.5 billion...
Intel Faces Shareholder Lawsuit Amid Massive Stock Drop and Company Restructuring
Intel Corporation, the Silicon Valley giant known for its semiconductor innovations, is embroiled in legal trouble following a sharp decline in its market value.
On...
Coinbase Q2 2024 Earnings: Key Highlights and Developments
On August 1, 2024, Coinbase, an American public traded company that operates a cryptocurrency exchange platform, released its financial results for the second quarter...
The Nigerian Government Fails to “Cook” for Nigerians and Why It Must Prevent The...
Truly unfortunate with these reversals: "In a surprising and abrupt move, the Nigerian government has withdrawn its recently announced plan to sell subsidized 50-kilogram...
Nigeria Abruptly Halts Sale of N40,000 Subsidized 50kg Rice to Public Servants
In a surprising and abrupt move, the government has withdrawn its recently announced plan to sell subsidized 50-kilogram bags of rice to public servants...