By Babajide Okeowo LAGOS (CONVERSEER) – Investors in the Nigerian equities market gained N233 billion at the close of trading on Thursday. This followed the surge in the share prices of stocks such as RT Briscoe, SCOA and DeapCap, among others, on the trading floor. The benchmark All-Share Index (ASI) increased to 165,527.31 points from the…
By Our Reporter PRETORIA (CONVERSEER) – Nissan Motor and Chinese automaker Chery South Africa (Chery SA) have reached an agreement for the acquisition of Nissan’s manufacturing assets at the historic Rosslyn plant, located just outside Pretoria. The deal, subject to regulatory approvals, is expected to conclude by mid-2026. Under the agreement, Chery SA will purchase…
BERLIN (DPA, CONVERSEER) – The German economy is likely to grow only slightly in the first quarter of the year, the country’s central bank predicted in its monthly report for January on Thursday. Germany narrowly avoided a third consecutive year of recession in 2025, with preliminary figures from the Federal Statistical Office showing gross domestic…
By Joe Udo ABUJA (CONVERSEER) – Chief Executive Officer of Shell Plc, Wael Sawan, has stated that the company is considering an additional $20 billion investment in Nigeria. Sawan disclosed this when he led the Oil and Gas giant-Shell’s delegation on a visit to President Bola Tinubu in Abuja. According to the Shell CEO, the…
By Joe Udo DAVOS (CONVERSEER) – Nvidia CEO Jensen Huang stated at the World Economic Forum 2026 (Davos Forum) in Davos, Switzerland, on January 21 that AI robots represent a once-in-a-generation opportunity for Europe. In his speech, Jensen Huang mentioned that Europe has an “extremely strong” industrial and manufacturing base, which provides a unique advantage…
By Joe Udo ADDIS ABABA (CONVERSEER) – Ethiopia has announced plans to print its own currency locally. Prime Minister Abiy Ahmed revealed the initiative at the Finance Forward Ethiopia 2026 conference, with Ethiopian Investment Holdings leading the effort to build domestic printing capacity. This step aims to boost economic sovereignty, enhance security over banknotes, cut…
By Our Reporter CALIFORNIA (CONVERSEER) – Silicon Valley billionaires are spiraling over California’s proposed wealth tax. A ballot measure could slap a one-time 5% tax on billionaires. Retroactive. That detail sent people packing. Larry Page reportedly dropped over $170 million on homes in Miami. Sergey Brin might be next. Florida continues its billionaire loyalty program….
By Joe Udo ABUJA (CONVERSEER) – The Central Bank of Nigeria (CBN) has projected that Premium Motor Spirit (PMS), also known as petrol, could rise to around N950 per litre in 2026. The forecast is based on an average crude oil price of $55 per barrel, domestic crude production of 1.5 million barrels per day,…
…Tinubu applauds development, charges Nigerians to invest more locally By Our Reporter ABUJA (CONVERSEER) – President Bola Tinubu has praised corporate Nigeria, citizens, and other stakeholders in the Nigerian capital market for surpassing the ₦100 trillion milestone on the Nigerian Exchange (NGX). A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy…
By Our Reporter (CONVERSEER) – A new layer of security is being added to digital wallet transactions as In-App One-Time Passwords (OTPs) are set to replace SMS-based authentication for GCash users, a move aimed at reducing exposure to phishing scams and fraud. Beginning in the first quarter of 2026, users will receive their OTPs through…
