Industry news and update

DPH, The largest financial services in the world and  contributes to the vitalization of household financial assets through providing high quality products and services. In addition to these, investment products that are suitable to the medium to long term asset building for individuals are developed…

February 2025
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Global Stock Update

The Dow Jones Industrial Average lost some of its earlier gains at the stock market on Monday closing 97 points lower. The S&P index lost some of its earlier gains while tech companies maintained a modest rise that improved the Nasdaq profit. Investors are keeping a close watch on developments in Washington as legislators work

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AMCON TAKES OVER NICON

The Asset Management Company of Nigeria, AMCON, has effectively taken over the National Insurance Corporation of Nigeria, NICON Insurance. NICON Insurance was privatized in 2005 with the core investor having 70 percent shares, and the Federal Government retaining 30 percent. The major investor was alleged to use the assets of the company as collateral for

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NNPC TO BUY 20% STAKE IN DANGOTE REFINERY

Mele Kyari, the Group managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) has spoken on the reason the NNPC is acquiring a 20% stake in the Dangote Refinery.According to the GMD, the resolution was engineered by the prospective benefit the business is likely to generate and the relevance of having a decision-making power

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What is Financial Market? Understanding the Basics

Financial Market, a financial market is an official platform for the trading and/or exchange of securities. It simply refers to the point of contact between buyers and sellers of financial instruments. Financial markets afford companies, individuals, and governments liquidity to help them fund their business ventures. Basically, the financial market is composed of money and

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Investment Tips for Beginners

If you are new to the world of investment or maybe you are thinking about starting but not quite sure how to start, I just want to tell you that you don’t have to feel scared or overwhelmed. The world of financial investment can be frightening even for experienced investors. There are however, some basic

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