Mushrooms Can Reduce Chances Of Losing Brain Functions
A new study from the National University of Singapore (NUS) has suggested that having a diet that consists of a lot of mushrooms could significantly reduce your chances of losing brain functions later in life. Researchers estimate that people who eat more than two standard portions of 300g, or half a plate of mushrooms every week, could […]
Live Update: Trump’s Impeachment By The U.S. Senate
The Senate’s impeachment trial of President Donald Trump enters a new phase Saturday as Trump’s lawyers begin their opening arguments in the case. Today’s session will start early, at 7 a.m. PT/10 a.m. ET and continue for roughly three hours, a relatively brief window. Saturday’s trial brings more focus to President Donald Trump’s defense team […]
Scientists Confirm That Stress Can Indeed Turn Hair Grey
When Ya-Chieh Hsu, professor of stem cell and regenerative biology at Harvard University and the Harvard Stem Cell Institute, wanted to figure out exactly what makes hair turn grey, she started with an obvious, albeit anecdotal, culprit: stress. There are well-known historical examples of the connection between stress and hair greying—Marie Antoinette’s coif reportedly blanched […]
What Is The Coronavirus And How Worried Should We Be?
What is the virus causing illness in Wuhan? It is a novel coronavirus – that is to say, a member of the coronavirus family that has never been encountered before. Like other coronaviruses, it has come from animals. Many of those infected either worked or frequently shopped in the Huanan seafood wholesale market in the […]
Rwanda Scraps Visa Fees For Citizens Of Over 90 Countries
Rwanda has announced plans to abolish visa fees for citizens of over 90 countries to boost the Eastern African country’s economy. Citizens of Commonwealth including the African Union and La Francophonie member countries will benefit from the policy when it comes into force. The policy was announced by President Paul Kagame Wednesday at the International School for […]
‘Bad Boys For Life’ To Become Biggest January Release
Let’s make one thing clear up front before the headline causes too much confusion: no movie ever released during the month of January has made $100 million that same month. Now, of course, plenty of movies have grossed upwards of $100 million during the month of January. Notably one of the more dour periods for quality movies, […]
GTBank, Transcorp, Zenith Lead Active Trades On Friday
The stocks of GTBank, Transcorp, NAHCO, Chams and Zenith Bank attracted the highest trades on Friday, recording trades in 87.78 million shares valued at ₦1.4 billion. The Nigeria Stock Market traded bullish as the all-share index upped 0.13% to close at 29,628.84 index points while the Equity market capitalisation closed at N15.261 trillion. Top gainers NEM Insurance led the […]
Why You Should Buy Microsoft Stock Despite Data Breach
Wednesday’s news of a massive data breach at tech giant Microsoft (MSFT) might not seem like a good omen. After all, information on a quarter of a billion of the company’s customers got exposed online with no password protection. That’s certainly not good. But what might be beneficial is a potential opportunity for investors to make […]
Artificial Intelligence: Can It Help Film Blockbusters
The release of the film “Dolittle” has landed with a thud. During its first week, the box office receipts came to a disappointing $29.5 million. Keep in mind that the film–which stars Robert Downey Jr.–cost Universal Pictures $175 million to produce. Of course, Hollywood film-making is a boom-bust business. But might fast evolving technologies like AI improve the […]
Dangote Sugar Announces Closed Period
Dangote Sugar has stopped trading on its shares at the Nigerian Stock Exchange (NSE) following the announcement of its closed period. The new disclosure will prevent all Dangote Sugar insiders from trading on the shares of the firm, which is owned by African richest man, Aliko Dangote. The company announced this in a statement published on the website of NSE. According to the […]
Nigeria To Lift Ban On Zamfara Solid Mineral Mining
Nearly a year after the Nigerian Government banned unauthorised mining of mineral resources in Zamfara State, the Minister of Mines and Steel Development, Olamilekan Adegbite, said plans are underway to re-start mining activities in the region. According to Adegbite, the government plans to remove the ban by the end of the first quarter, in order to pave way […]
2020 Nigerian Equities Outlook: Breaking The Jinx?
After two consecutive years of a bearish run in the equities market (2018 -17.8% and 2019 -14.6%), we begin 2020 on a positive note. Interestingly, the poor performances in 2018 and 2019 came despite relatively stable currency and attractive valuations. Going into 2020, can we realistically expect a re-pricing of assets and such currency stability? Our base […]