What is Bank-Owned Life Insurance (BOLI)?DefinitionBank-owned life insurance is a type of life insurance that covers a bank both as the owner and beneficiary. Through the use of some cash-value p...
The stock market continues to go up and people think things are back to normal. However, things are getting worse, the economic condition will continue to get worse as long as the unemployment rate co...
The Independent Petroleum Producers Group (IPPG) said that it is calling on the Federal Government to review some critical aspects of the Petroleum Industry Act (PIA) so as to strengthen the regulator...
MTN Nigeria Communications (MTNN) has announced that it has raised N72.1 billion through its 266-day commercial paper (CP).In November, MTN Nigeria Communication Plc, Nigeria’s biggest telecom secto...
The Nigerian stock market finished yesterday green as the market gained 0.09% following investors' stakes in MTN Nigeria Communications Plc and United for Africa Plc (UBA) and 34 other stocks. Investo...
What is the definition of a Basic Earnings Per Share (EPS) in finance? There are many financial tools that help investors keep track of their investments. One of such is the basic earnings p...
Following the credit card company, Mastercard’s revelation on Monday, Feb. 24, 2020, that the deadly coronavirus outbreak could have an effect on its revenue for the 2020 fiscal year, its shares f...
The House of Representatives has announced that it would move to investigate the loss of over $60 billion in revenue due to the alleged inflated cash calls by the Nigerian National Petroleum Company L...
The federal government alongside the NNPCL recently announced the completion of the rehabilitation work on the Area-5 Plant of the Port Harcourt Refining Company in Rivers State.The facility is expect...
In the NGX Made of Africa Awards, VFD Group Plc, a leading wealth management, investment management, and financial advisory services provider, emerged as the Listed Company of the Year.The event was h...