Tesla CEO Elon Musk has yet again slipped to the number two spot on Bloomberg’s list of the world’s richest person. Musk’s net worth reduced by a whopping $15.2 billion in a day after Tesla shares slid 8.6% on Monday. E-tailer Amazon’s founder Jeff Bezos has once again topped the Bloomberg Billionaires Index. Bezos has $186 billion in wealth as against Musk’s $183 billion fortune.
The management of Lekki Concession Company (LCC), the concessionaire of the Lekki Tollgate in Lagos, says it owes lenders about N23 billion.
The prevailing high volatility at the crypto market led to heavy losses of crypto investors’ funds at the wrong side of the present trade, when roughly $1.6 billion worth of crypto positions evaporated into thin air within a day.
Unilever Nigeria Plc a leading consumer goods company in Nigeria declares in its unaudited annual financial report that it made a loss amounting to N1.59 billion in the year 2020.
Crypto traders have been experiencing high price swings since the U.S Treasury Secretary referred to crypto as of “particular concern. The current market condition at the crypto market has made traders and investors suffer heavy losses on the account that roughly $638.55 million worth of crypto positions disappeared into thin air within 24 hours.
Nigerian Stocks ended the first trading session of the week on a bearish note. The All Share Index plunged by 0.23% to close at 41,082.38 index points as against the 0.52% gain recorded on Friday.
The top 5 billionaires on planet earth had an unimpressive showing at the most recent trading session. The top 5 billionaires most recent daily loss stood at $7.754 billion
Globally, the apiary industry is growing into a multi-billion dollar sub-sector, attracting foreign exchange earnings for many countries.
Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.
Despite the global efforts to end preventable newborn deaths by 2030, through the Sustainable Development Goal 3.2, experts have raised the alarm that Nigeria loses over 250,000 babies yearly due to preventable and treatable causes, even as the country ranks second highest globally in infant deaths.