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Nigerian stocks rally on increased demand for consumer goods’ shares

Nigerian stocks found swift recovery on Wednesday after slipping into the negative territory at the session before as the benchmark index 2 per cent, aided by investors’ increasing interest in consumer goods shares. Transaction volume improved by more than one-fourth, while turnover jumped by as much as 46 per cent. MTNN led the charge, advancing by 9.21 per cent to reach its all-time peak of N262.10 per unit and helping it to regain the top spot as Nigeria’s biggest company by market…

Increased Genetic Mutations in Children Can Be Traced Back to Mistakes in Father’s Sperm

Researchers have linked increased numbers of mutations in children to a higher rate of random mutations in sperm cells of the biological father, associated with chemotherapy or rare genetic defects in DNA repair.Scientists have traced the cause of increased numbers of mutations in children to a higher rate of random mutations in sperm cells of the biological father, associated with rare genetic defects in <span class="glossaryLink" aria-describedby="tt" data-cmtooltip="<div…

Upstart CEO defends increased loan balance, says the AI lending platform’s model hasn’t changed

In an interview Tuesday with CNBC's Jim Cramer, Upstart Holdings CEO David Girouard sought to downplay investor concerns about the increased loan balance held on the financial technology firm's balance sheet at the end of its first quarter.Shares of the artificial intelligence lending platform plunged 56.42% Tuesday, closing at $33.61 apiece, one day after it also lowered its full-year outlook for revenue and adjusted EBITDA margin. Upstart cited rising interest rates and broader economic uncertainty for the revised…

Dairy Products Linked to Increased Risk of Cancer in Major Research Study

According to a major study that investigated dairy consumption and cancer risk in Chinese adults, greater intake of dairy products was associated with higher risks of liver cancer and female breast cancer.The first major study to investigate dairy consumption and cancer risk in Chinese adults discovered that higher intake was associated with increased risks of liver cancer and female breast cancer.Overall evidence to date on whether eating dairy products affects the risk of cancer has not been consistent. Studies on…

Nigerian stocks rise for 28th straight day on increased demand for heavyweight shares

Nigerian stocks appreciated for the 28th day in a row on Thursday as the benchmark index expanded by 1.4 per cent and more cash chased a couple of heavyweight equities including MTNN, Guinness, Nigerian Breweries, Presco, Okomu Oil and Airtel Africa. Transaction volume fell by 31 per cent compared to previous session’s, but turnover improved by 39 per cent. Market breadth, an indicator of investors’ sentiment towards trade, closed positive as 32 gainers emerged, relative to 22 losers. The…

Obesity linked to increased risk of dying from prostate cancer

Obesity increases a man’s risk of dying from prostate cancer, according to a massive new study by researchers in the UK, however, the causal mechanisms underpinning the link are not yet clear.Prostate cancer is one of the most common forms of cancer to be detected in men. It is a slow-growing form of cancer, so patients can live many years after diagnosis. In fact, many patients diagnosed with prostate cancer ultimately die of other causes before the cancer develops enough to cause its own problems.Because of the…

Stanford study links marijuana use to increased heart attack risk

A robust new study led by researchers from Stanford University has found a strong association between increased risk of heart attack and regular marijuana use. The study indicates THC can trigger inflammation in blood vessel cells and the researchers call for medical marijuana users to be aware of potential cardiovascular risks.Published in the journal Cell, the new study first analyzed data from around 500,000 people, looking at the relationship between marijuana use and heart attack. After controlling for age, gender…

Menu design key to increased wine sales and customer satisfaction

The study finds wine menus with robust descriptions and pairing suggestions fare better than vintages and prices alone. Credit: Pixabay/CC0 Public Domain Ever since America's oldest restaurant, the White Horse Tavern in Rhode Island, opened its doors in 1673, restaurateurs have been trying to keep their customers happy while increasing profits. Wine has always been a solid source of revenue for restaurants. But new research…