As prevalent with any business enterprise that aims to make profits, mutual fund industries charge for the service they are providing. In the most ordinary form, these services encompass the marketing...
Earnest money in real estate deal (often called home deposit) refers to a deposit that is made by a buyer to a home seller as an indication of his interest to buy the home. When a buyer intends to...
South Africa's leading fintech company, Stitch, recently announced it has raised $25 million in an extension round of fundraising led by global fintech investor Ribbit Capital. This has brought Stitch...
Nigerian Exchange Limited (NGX) says it’s planning to admit the Nigeria Infrastructure Debt Fund (NIDF), which is a N200 billion public infrastructure investment fund by Chapel Hill Denham.The NGX, ...
The federal government recently announced the launch of a $617 million investment in digital and creative enterprises (i-DICE) to kick-start by November. This initiative was created on the ground...
One of the effective ways to be up to date with any company you intend to make an investment is to go to the SEC's EDGAR database and check all the forms they are supposed to fill under U.S. Securitie...
The Chief Executive Officer of Ghana's defunct Capital Bank, Willian Ato Essien, has been sentenced to 15 years imprisonment with hard labour. This ruling was issued by the Accra High Court, which was...
For the past years, fintech has grown to become a substantial investment in the financial sector, as many firms believe that with the adaptation of fintech in Africa, offering financial services will ...
Backwardation is a term conversant with commodity trading in the futures market, closely associated with this term is ‘contango’. They are both terms used to define the futures price of a commodit...
David Michael Solomon, the 62-year-old CEO of Goldman Sachs, has held this firm since October 2018. Aside from that, he has also been the chairman of the bank since January 2019. Before he was appoint...