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News On Demand, For Those On The Go
SK Hynix Seeking To Raise $28 Billion in New US Listing; Dangote Refinery Outpaces The Entire U.S.A In Jet Fuel Exports; EasyJet To Be Sold To Private Equity For £5 Billion; Nigeria’s SEC Tinkers With
The race for capital, markets, and global influence is unfolding on multiple fronts. SK Hynix is looking to raise $28 billion from U.S. investors, Dangote Refinery has surpassed the entire United States in jet fuel exports to Europe, and European budget airline easyJet has agreed to a takeover by private equity firm Castlelake for just over £5 billion. Back home, Nigeria's SEC is taking another step toward regulating the country's fast-growing crypto industry with fresh appro
5 min read
Dangote Cement Lifts Dividends 50%; Oando And Transcorp Removed From The NGX 30 Index; Meta To Sell Excess AI Capacity; FTSE Russell Faces Backlash Over Delaying Nigeria’s Inclusion
Nigerian investors are celebrating a record ₦753.8 billion dividend payout from Dangote Cement, while the Nigerian Exchange reshuffles its benchmark NGX-30 Index as Oando and Transcorp make way for NASCON and Unilever Nigeria. Elsewhere, Meta is reportedly looking to monetize its massive AI infrastructure by launching a cloud computing business, and Nigeria's securities dealers are defending the country's T+1 settlement reforms after FTSE Russell delayed its Frontier Market u
4 min read
Memory Chip Makers Face Allegations Of Price Fixing; FTSE Russell To Delay Nigeria’s Upgrade; Ford To Rehire Veteran Engineers After AI Fails; & Nigerian Fintech Paga’s Focus On Tokenised Investments
The semiconductor industry is under fresh legal scrutiny as three of the major suppliers of memory chips face a RAM price-fixing lawsuit, while Nigeria's capital market suffers a setback after FTSE Russell delayed its planned market upgrade. Elsewhere, Ford is bringing back human engineers after AI fell short in quality control, and Nigerian fintech Paga is expanding into tokenised investments as it deepens its push into digital financial infrastructure. All this and more in
4 min read
The Economics of Snowfall
A Deep Dive Into Who the Economic Winners and Losers are during Snowfall "The weather outside is frightful.” Frank Sinatra I was working from home on a random weekday when I took a break to look at the view from my apartment and let my mind wander. Whilst I watched people penguin walk and cars all but crawl, I settled on an interesting thought: who benefits and suffers the most financially when it snows? That question led me down an incredibly fascinating rabbit hole, t
16 min read
Your "Investment" Is Probably a Gamble. Here's How to Know for Sure.
The Differences between Dice, Deals & Dividends; "The market can remain irrational longer than you can remain solvent.” John Maynard Keynes I commonly get consulted for investment proposals, whereby people are asking of me where I believe is best for them to deploy their capital in order to get a financial return, and the first thing that I ask [after strongly indicating that I am not a financial advisor, and the entire conversation isn’t financial advice] what their time
22 min read
From Manger to Markets: An analysis of Christmas’ Commercial Takeover
Has Capitalism Devoured Christmas? Underneath the bustle of the German Christmas markets, the pouring of mulled wine and hot chocolate, the wrapping of selected trinkets, and the voices of the choir singing Christmas carols, is the faint, almost imperceptible, constant pinging of successful transactions, whether it be Apple Pay, Google Pay, cash, or a physical card. That sound is the evidence of the “Golden Quarter” in full swing, and the silent prevalence of the second r
11 min read
Dangote Cement Lifts Dividends 50%; Oando And Transcorp Removed From The NGX 30 Index; Meta To Sell Excess AI Capacity; FTSE Russell Faces Backlash Over Delaying Nigeria’s Inclusion
Nigerian investors are celebrating a record ₦753.8 billion dividend payout from Dangote Cement, while the Nigerian Exchange reshuffles its benchmark NGX-30 Index as Oando and Transcorp make way for NASCON and Unilever Nigeria. Elsewhere, Meta is reportedly looking to monetize its massive AI infrastructure by launching a cloud computing business, and Nigeria's securities dealers are defending the country's T+1 settlement reforms after FTSE Russell delayed its Frontier Market u
4 min read
Memory Chip Makers Face Allegations Of Price Fixing; FTSE Russell To Delay Nigeria’s Upgrade; Ford To Rehire Veteran Engineers After AI Fails; & Nigerian Fintech Paga’s Focus On Tokenised Investments
The semiconductor industry is under fresh legal scrutiny as three of the major suppliers of memory chips face a RAM price-fixing lawsuit, while Nigeria's capital market suffers a setback after FTSE Russell delayed its planned market upgrade. Elsewhere, Ford is bringing back human engineers after AI fell short in quality control, and Nigerian fintech Paga is expanding into tokenised investments as it deepens its push into digital financial infrastructure. All this and more in
4 min read
Chinese Open Source AI Is Just As Good As OpenAI; Polymarket Crosses $1 Billion In Annual Revenue; Providus & Unity Bank Begin Post Merger Ops; Nigeria’s New Vehicle Sales Set To Rise
The global AI race is entering a new phase as China reaches a key cybersecurity milestone that puts it on par with Anthropic, while Polymarket's explosive growth underscores the rising popularity of prediction markets. In Nigeria, Providus Bank and Unity Bank are set to begin operations as a single institution under the ProvidusUnity Bank brand, and a new report projects stronger vehicle sales in 2026, driven by the economic impact of the Dangote Refinery. All this and more i
4 min read
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