Breaking news and insights at nigerianewsservice.com
Blackstone is close to reacquiring Trans Maldivian Airways for nearly its original selling price, eight years after selling the operator for $500 million. The airline faced bankruptcy and restructuring after …
Blackstone Approaches Reacquisition of Trans Maldivian Airways Following Financial Turbulence Read More
BlackRock’s stock rose by 1% following its announcement of acquiring two Panama ports in a deal valued at $22.8 billion. This represents the largest infrastructure deal in the firm’s history. …
BlackRock Stock Rises as Trump Endorses Panama Canal Ports Acquisition Read More
Triple Flag Precious Metals Corp. has secured 5% silver and gold streams from Arcata and Azuca mines in Peru for $35 million. This acquisition is projected to increase its gold …
Triple Flag Acquires New Silver and Gold Streams to Enhance Portfolio Read More
Asian markets surged on Wednesday, buoyed by hopes that China’s economic goals will cushion the effects of the global trade war. This follows a decline in global stocks on Tuesday …
Asian Stocks Rally on Optimism Over China’s Economic Stimulus Read More
Wall Street faced substantial losses on Tuesday, with the S&P 500 erasing all post-election gains due to escalating trade tensions between the U.S. and its trading partners. The Dow plunged …
Wall Street Declines as Trade War Escalates, Erasing Election Gains Read More
Montero Mining and Exploration Ltd. has received the final installment of US$7 million from Tanzania, completing a US$27 million settlement over the Wigu Hill project expropriation. The company will assess …
Montero Mining Completes US$27 Million Settlement with Tanzania Read More
Marvel Gold Ltd. has signed a term sheet to sell its Tabakorole and Yanfolila Gold Projects in Mali to Anchises Capital for AUD$1,650,000, aiming to pursue growth opportunities outside Mali. …
Marvel Gold Divests Mali Gold Projects to Accelerate Growth Strategy Read More
TNR Gold Corp announced that its Los Azules copper project is seeking admission into Argentina’s Large Investment Incentive Regime (RIGI) to secure tax benefits and improve financial viability. This initiative …
TNR Gold’s Los Azules Project Aims for Investment Incentives in Argentina Read More
Investors in Nigeria’s stock market gained N91 billion on Friday, with market capitalization rising to N67.193 trillion and the All-Share Index climbing to 107,821.39. Despite this rebound, 34 stocks decreased …
Nigerian Stock Market Sees N91 Billion Profit Recovery on Friday Read More
RCL Foods reported a 38.8% rise in half-year earnings, driven by its groceries and baking divisions. Headline earnings per share reached 109.4 cents, up from 78.8 cents last year, alongside …
RCL Foods Reports 38.8% Surge in Half-Year Earnings Read More