Tag: GLOBAL ECONOMY
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Norwegian Sovereign Fund Reviews U.S. Tech Investments Amid Declining Returns
The Norwegian sovereign wealth fund, facing missed profit opportunities in U.S. tech stocks, saw its 2024 returns decline. Reportedly, despite major holdings in companies like Apple and Microsoft, the fund ranked third worst in performance globally. Deputy CEO Trond Grande noted strategies to reduce risk while CEO Nicolai Tangen emphasized continued investments in profitable tech…
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The Most Valuable Companies in Nigeria: 2024 Insights
– Airtel Africa, BUA Foods, and Dangote Cement are Nigeria’s top three firms. – Despite 2024’s economic challenges, companies showed resilience and adaptability. – Nigeria’s ₦1 trillion valuation club features 13 companies; sector growth boosts investor confidence. Key Highlights– Top Three: Airtel Africa, BUA Foods, and Dangote Cement top Nigeria’s ₦1 trillion valuation club. –…