Tag: report

Zuckerberg now richer than Buffett with $7bn - Report
Business

Zuckerberg now richer than Buffett with $7bn – Report

The Forbes Billionaire Index shows that Meta’s founder, Mark Zuckerberg, has surpassed the famed businessman Warren Buffett in terms of wealth by $7 billion. Zuckerberg now has a net worth of $125 billion, while Buffett ranks seventh with a net worth of $118 billion. This rise has also moved Zuckerberg ahead of Microsoft co-founder Bill […]

How inflation, forex crisis may affect consumer goods industry - Report
Business

How inflation, forex crisis may affect consumer goods industry – Report

Persistent inflation and currency issues are expected to have an impact on the fourth-quarter financial results of enterprises operating in the consumer products sector of the economy in 2023. According to The PUNCH, this was announced in Meristem Securities Limited’s Consumer Goods Sector Update for December 2023. According to the research, foreign exchange losses for […]

Nigerian startups owe $415m 10-year debt – Report
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Nigerian startups owe $415m 10-year debt – Report

Briter Bridges, a research and market intelligence company which focuses on developing nations, has stated that approximately $415 million has been borrowed by Nigerian digital entrepreneurs over the past ten years. According to the report “Debt Financing in Africa’s Innovative Ecosystem,” between 2014 and 2023, African startups as a whole borrowed a total of $2.1 […]