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Yen drops as Bank of Japan maintains key interest rate Nexovant
Japan’s government recently passed an extra budget to help pay for a massive economic stimulus package. Photo: Philip FONG / AFPSource: AFP The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat for the currency that came after the Federal Reserve forecast fewer rate cuts. The […]
NGX CEO plans tokenization of Nigerian assets to attract Gen Z and Millennials Nexovant
The Chief Executive Officer of the Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka, has identified the tokenization of Nigerian assets as a smart way to attract Gen Zs and Millennials to the investment market. Speaking at the 2024 Investor Summit & Awards Dinner organized by Emerging Africa on December 18, 2024, Mr. Chiemeka explained that […]
Lagos fresh food agro-hub generates N2.495 billion in first year Nexovant
The Lagos State Government has reported that the Mushin Fresh Food Agro-Hub generated N2.495 billion in transactions during its first year of operation, facilitated by 348 vendors. Ms. Abisola Olusanya, the State Commissioner for Agriculture and Food System, shared the figure in a statement issued to the News Agency of Nigeria (NAN) on Thursday. The […]
Jeff Bezos’s ex wife, MacKenzie Scott spends $2 billion on philanthropy in 2024 Nexovant
Billionaire philanthropist MacKenzie Scott announced on Wednesday that she has donated another $2 billion in 2024, bringing her total giving since 2019 to $19.2 billion. In a post on her “Yield Giving” website, Scott shared insights into her approach, revealing a shift toward investing in “mission-aligned ventures” to address systemic challenges like economic insecurity and […]
Taiwan’s Foxconn in talks with Renault over Nissan stake: report Nexovant
Taiwan’s Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker Nissan, a report said Thursday, after the Japanese firm rebuffed its inquiries about an investment. The development comes after reports on Wednesday that Nissan and local rival Honda were in talks about a merger to help them […]
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