Indigenous oil and gas producers, Millennium Oil and Gas Company Limited (MOGCL), have entered a collaborative arrangement with American energy solutions provider, Saltspring Energy LLC, to decarbonise operations at the Oza oilfield. Executive Chairman of Millennium Oil and Gas Company Limited (MOGCL), Mrs. Cecelia Umoren The agreement seeks to harness flare gas at the Oza marginal field in Abia State for production of electricity. Millennium Oil is a Nigerian-based exploration and production company which operates the Oza marginal oilfield hosted in the Oil Mining Lease OML 11. Saltspring Energy LLC, based in Houston, Texas, United States, is a global energy…
Author: user
Image source: Getty Images If I was curious about the stock market but had never put a penny in before, I would not let years or even decades pass to start investing. Rather, I would begin now, on a small scale. Here’s how. Setting up a share-dealing account My first move would be a practical one. To buy shares I would need some sort of share-dealing account. So I would choose the account that suited me best, whether a straightforward share-dealing account or Stocks and Shares ISA. Then I would deposit my £250, so I was ready to start investing…
If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can do a lot better than that by buying good quality businesses for attractive prices. For example, the Legacy Housing Corporation (NASDAQ:LEGH) share price is up 88% in the last five years, slightly above the market return. It’s fair to say the stock has continued its long term trend in the last year, over which it has risen 24%. Let’s take a look at the underlying fundamentals over the longer term, and see if they’ve been consistent with shareholders…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Donald Trump’s return to the White House has me wondering about the world’s most beloved stock, Nvidia (NVDA). Is a Trump presidency going to be good or bad for the AI market darling? Has he ever taken CEO Jensen Huang to task on X? Does Jensen feel a certain way about Trump, and perhaps could add headline risk to the company’s stock price? All of this matters since, as I mentioned, Nvidia has become the market — even…
By Guy Faulconbridge and Lidia Kelly MOSCOW (Reuters) -Ukraine attacked Moscow on Sunday with at least 34 drones, the biggest drone strike on the Russian capital since the start of the war in 2022, forcing flights to be diverted from three of the city’s major airports and injuring at least one person. Russian air defences destroyed another 36 drones over other regions of Western Russia in three hours on Sunday, the defence ministry said. “An attempt by the Kyiv regime to carry out a terrorist attack using an airplane-type drones on the territory of the Russian Federation was thwarted,” the…
Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the declined 0.23%. The best performers of the session on the were Riyadh Cement Co (TADAWUL:), which rose 9.88% or 2.95 points to trade at 32.80 at the close. Meanwhile, Saudi Industrial Export Co (TADAWUL:) added 9.76% or 0.24 points to end at 2.70 and Miahona Holding SCJSC (TADAWUL:) was up 5.81% or 1.70 points to 30.95 in late trade. The worst performers of the session were AL-BABTAIN POWER &TELECOM CO (TADAWUL:),…
baona / iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20 YearsHelping You Live Richer Trusted by Millions of Readers Investing in a retirement account is a great way to build long-term wealth, but ideally, you’ll have a diverse array of investments that can help your money grow. Fortunately, many savvy women are proactively investing in…
Image source: Getty Images Even with no savings in the bank, it’s never too late to start building wealth with UK shares. There’s no denying the stock market can be a volatile place. But in the long run, it’s proven to be one of the greatest enrichment instruments, even for investors that start later in life. Case in point, billionaire investor Warren Buffett made 99% of his wealth after turning 50. Crunching the numbers Looking at the UK’s flagship indices, investors have historically earned an average return of about 8% a year. Let’s assume this trend will continue. How much…
Buffett’s actions don’t bode well for the market, but a falling market has benefits for investors. Investors follow Warren Buffett’s moves closely. He has earned the respect of the investing community for his wisdom, common sense, and — most importantly — a track record of beating the market. It’s exciting when he makes big moves, especially when they signal good times ahead. But Buffett is a realist, and he and his team at Berkshire Hathaway (BRK.A) (BRK.B 0.71%) take action based on the way the winds are blowing, not where they want them to be. Berkshire Hathaway released its most…
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Social Security plays a critical role in the retirement plans of millions of Americans, but how these benefits are taxed is sometimes overlooked. If you collect $2,700 per month in Social Security benefits, your check is well above the average retirement benefit of approximately $1,800 per month and it could mean that you’ll owe taxes on this money. However, there are ways to potentially reduce your tax liability. Consider working with a financial advisor to create a comprehensive financial plan for retirement that accounts for…