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Microsoft briefly surpasses Apple in market valuation amid AI dominance

In a significant turn of events, Microsoft briefly overtook Apple) as the world’s most valuable company on Thursday for the first time since 2021. This shift occurred as concerns over demand impacted Apple’s shares at the start of the year. D.A. Davidson analyst Gil Luria highlighted the inevitability of Microsoft surpassing Apple, noting, “It was Read More…

Business Currency Forex Markets

Currency Predictions for the Week Ahead: Naira, Shilling, and Kwacha Under Pressure, Cedi and Ugandan Shilling Stable – Traders (Reuters)

Currency traders foresee fluctuations in Nigeria’s naira, Kenya’s shilling, and Zambia’s kwacha in the upcoming week, while Ghana’s cedi and Uganda’s shilling are expected to maintain stability, according to Reuters reports. Kenya’s Shilling The Kenyan shilling is anticipated to continue its gradual decline due to heightened foreign currency demand across sectors leading up to year-end. Read More…

Business Markets

FMDQ Group empowers young minds in financial markets through Next Generation programme

The recent culmination of the Next Generation Financial Markets Empowerment by FMDQ Group Plc. in Lagos saw no fewer than 130 pupils and students reap the benefits of this enriching initiative. The 2023 Summer Camp Programme took place at the FMDQ premises at Exchange Place in Lagos, offering a unique platform for learning and growth. Read More…