The cryptocurrency industry is facing one of its biggest security crises after Binance, the world’s largest cryptocurrency exchange by trading volume, reported a major security breach with an estimated financial impact of approximately $6.3 billion. The incident, which came to light on Thursday, October 29, 2026, has raised serious questions about the security of cryptocurrency … Read more
I remember how confusing it can be when a major company is about to sell shares to the public and everyone starts asking the same question: Where exactly can I buy the shares? Some people hear about the Dangote Refinery shares and immediately open their investment app. Others see the word IPO and begin wondering … Read more
The Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) has moved from months of speculation to a major capital-market transaction that has now received regulatory approval. The Securities and Exchange Commission (SEC) approved the offer in September 2026, with Dangote Petroleum Refinery offering 4.1 billion ordinary shares at ₦525 per share. If the … Read more
The planned initial public offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals FZE has received approval from Nigeria’s Securities and Exchange Commission (SEC), bringing the highly anticipated share sale closer to the Nigerian capital market. Under the approved offer, the refinery will offer 4.1 billion ordinary shares at ₦525 per share. If the entire … Read more
Nigeria’s banking sector is showing a notable shift in earnings performance in the first half of 2026, with FCMB Group, Wema Bank and Sterling Financial Holdings recording strong year-on-year growth in profit after tax. Their performance stands out at a time when investors are paying closer attention to how Nigerian banks are managing higher interest … Read more
I thought I understood how buying stocks worked until I made one very expensive mistake. I had ₦5 million ready to invest and I was excited because I believed I was finally taking a serious step into the Nigerian stock market. I had found the stock I wanted to buy, opened my broker app, checked … Read more
Nvidia Corporation (NASDAQ: NVDA) has reportedly built an unprecedented $500 billion backlog of artificial intelligence (AI) chip orders covering 2025 and 2026, highlighting the extraordinary demand for its AI accelerators and data centre technologies despite growing investor concerns over the sustainability of AI spending. The massive order backlog provides Nvidia with exceptional long term revenue … Read more
Not long ago, I was discussing investment opportunities with a businessman after a financial literacy programme. We had spoken about Treasury Bills, mutual funds, and Nigerian stocks, and just as we were about to end the conversation, he asked a question that I believe many Nigerians will soon be asking. “Prudent Joshua,” he said, “everyone … Read more
Nigeria’s capital market is set to welcome another financial services company as AVA Capital Plc prepares to list its ordinary shares on the Nigerian Exchange Limited (NGX) through a Listing by Introduction on Friday. As someone who closely follows developments in Nigeria’s financial and investment industry, I believe news like this deserves attention, especially for … Read more
Last time, I shared an article explaining how Fixed Deposits, Treasury Bills and Money Market Mutual Funds work and why they are among the investment options many Nigerians consider when looking for relatively stable returns. After publishing the article, I realised I left out one important point that deserves its own explanation. If I do … Read more