Author: Lucas

Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand over the three months spanning November 2025 to January 2026, according to data compiled from the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s monthly fact sheets. According to the data, only three modular facilities—Waltersmith, Edo Refinery, and Aradel—were operational during this timeframe, while OPAC and Duport remained shut down throughout. Their combined average daily AGO supply stood at approximately 393,000 litres per day across the period, drawn from varying monthly outputs: 489,000 litres per day in November 2025, 392,000 litres per day in December 2025,…

Preferred stock dividends are taxed differently than other investment income. Generally, these dividends are classified as either qualified or non-qualified. Qualified dividends are taxed at the lower capital gains rates, which can range from 0% to 20%, depending on the investor’s income bracket. Non-qualified dividends, on the other hand, are taxed at ordinary income tax rates, which can be higher than the capital gains rates. The exact rate depends on the individual’s tax bracket. For hands-on advice, a financial advisor who specializes in tax planning can help you create a plan to minimize your liability.What Is a Preferred Stock Dividend?A…

PONZI schemes continue to resurface in Nigeria, often presenting themselves as legitimate investment opportunities that promise fast and effortless profits. Over the years, platforms such as MMM and CBEX attracted thousands of participants with assurances of high returns, only to collapse and leave investors counting heavy losses.What makes these schemes particularly dangerous is how quickly people can commit funds. Within minutes of seeing an advert on social media or receiving a referral link from a friend, an individual can register, transfer money and become part of a system that may soon disappear.Financial experts and regulators have repeatedly warned that most…

Highest Production Quarter of 2025, Supported by Record Realized Prices (All amounts in U.S. dollars unless otherwise indicated) Toronto, Ontario–(Newsfile Corp. – February 26, 2026) – Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) (“Andean” or the “Company“) is pleased to report its operational results for the quarter and year ended December 31, 2025, along with its production, cost, and capital investment guidance for 2026. The Company is also providing notice that it will release its fourth quarter and year-end 2025 financial results after market close on Tuesday, March 24, 2026. Andean will host its fourth quarter and year end 2025 earnings…

Fidelis Insurance Holdings Limited announced its intention to rebrand as Pelagos Insurance Capital Limited and begin trading as NYSE: PLGO in May 2026, pending regulatory and shareholder approvals, … Source link

Trading is the process of buying and selling financial assets such as stocks, currencies, commodities, or cryptocurrencies with the goal of making a profit. Unlike long-term investing, trading often focuses on short-term price movements. Today, trading has become accessible to ordinary people through online platforms and global exchanges like the New York Stock Exchange, NASDAQ, and regional markets such as the Pakistan Stock Exchange. How Trading Works At its core, trading is based on price changes. Traders attempt to buy an asset at a lower price and sell it at a higher price. Prices move due to supply and demand,…

Silver Rate Today: Silver prices remain volatile as the metal reacts sharply to global trends, currency fluctuations and changes in investor sentiment, keeping traders cautious. On Friday, February 27, the silver price stood at Rs 2,66,991 per kg and Rs 266 per gram. On the Multi Commodity Exchange (MCX), silver futures closed at Rs 2,59,700, compared to the previous close of Rs 259,669. Source link

Two-thirds of Royal LePage commercial real estate market professionals across the country who were surveyed said they expect demand for office space to modestly increase or stay the same in their respective markets in 2026. Five per cent expect demand will increase significantly. The survey found 42% of respondents expect vacancy rates for office space to decrease in their market this year. Among Canada’s major markets, the Montreal region had the highest commercial vacancy rate across all industry types in 2025 at 5.2%. That was followed by Calgary at 3.8% and downtown Vancouver at 3.6%. The Greater Toronto Area, excluding…

The Cyprus Securities and Exchange Commission (CySEC) has released a statement informing investors that it identified another four websites that are not operated by entities authorised to provide investment services under Cypriot law. The regulator stated that the websites deumarket.com, crowd-base.com, velorato.com and xt-blimited.com do not belong to an entity granted authorisation for the provision of investment services and or the performance of investment activities. CySEC stressed that the absence of authorisation means these websites are not licensed to offer investment services within or from the Republic of Cyprus. The commission urged investors to exercise caution before engaging in any…

This time next year, extended trading hours could be normal.Stock markets have come a long way from the stereotypical trading floors we may know from the movies and TV. Most trading is electronic these days. And, while the New York Stock Exchange and Nasdaq still ring an opening and closing bell, it’s largely symbolic. After-hours trading in various forms is increasingly common and could soon become the norm. Several established brokers already offer after-hours trading. Key exchanges and infrastructure providers are looking for regulatory approval to extend their hours of operation. And Sept. 29 will see the launch of the…