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Africa

Understanding how companies are valued – A look into the MainOne acquisition

The Story On the 7th of December 2021, news filtered into the Nigerian tech space that West African data center & connectivity solutions provider, MainOne has been acquired by Equinix, an American company that specializes in internet connectivity and data centers. The acquisition was priced at $320million. The acquisition price raised a lot of eyebrows […]

15 December 2021 | 4 MIN READ
Africa

Everything you need to know about NFTs

The Story Bollywood star Amitabh Bachchan, recently auctioned his collection of NFTs for a whopping $1,000,000. Part of the collection was his father’s poem, recorded in his own voice which sold for as much as $756,000. After the auction, Amitabh said “In this world of digitization, NFTs have opened a new realm of opportunities to […]

01 December 2021 | 4 MIN READ
Africa

Why Inflation is a global phenomenon in 2021 and what it means for you as an investor

The Story One of the major economic themes of 2021 globally has been inflation. In almost every corner of the world, especially in countries that have over the years been trying to stimulate consumer spending, inflation has taken centre stage. What obtained before now Let’s backtrack a bit to the inflation status of countries before […]

25 November 2021 | 4 MIN READ

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Africa

Pre-election Years in Nigeria – A look into economic trends in past election seasons

The Story The International Monetary Fund (IMF) in October 2021, projected a 2.7% growth for the Nigerian economy in 2022. This projection was made based on expected gains from higher oil prices and the recovery of the non-oil sector from the woes of the pandemic. 2022 is a Pre-election year, is this Growth Projection Accurate? […]

18 November 2021 | 4 MIN READ
Cryptocurrency

What the Metaverse is about & the Economic Implications of the eNaira

The Story From FB to MRVS, Mark Zuckerberg the CEO of Facebook on Thursday the 28th of October 2021, announced the rebranding of the company and the change of the name Facebook to Meta. According to him, the new name reflects the company’s growing ambition beyond social media. This name change comes amid controversies around […]

04 November 2021 | 4 MIN READ
Africa

How Investment Clubs can redefine the future of Africa through collaboration

The Story From traditional assets like stocks to sophisticated assets such as like Non-Fungible Tokens (NFTs), the investment environment in Nigeria is brimming with multiple investment options. Technology trends and an increasing appetite for high yield stable assets have fueled an increase in investment options globally. Along with this trend is an increase in financial […]

28 October 2021 | 4 MIN READ

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