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Gold breakout rally sends Chinese bullion stocks near highs as central banks keep buying
Business and Economy

Gold breakout rally sends Chinese bullion stocks near highs as central banks keep buying

A rebound in gold prices has pushed shares of Chinese producers of the precious metal near record highs, while the bullion’s status as a strategic

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover
Business and Economy

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from energy and power generation to