On 13th February 2020, Roku Inc (ROKU) submitted its fourth-quarter yearly report which exceeds the estimated value predicted by analysts. The report rise above the expected revenue estimated by analy...
VFD Group Plc, which won NGX Listed Company of the Year, recently announced that it has gotten approval from the Securities and Exchange Commission (SEC) for its proposed rights issue of 63.342 millio...
What is Bank Guarantee (BG)?DefinitionA bank guarantee is a financial term used to refer to the agreement made between three parties—the bank, the beneficiary, and the applicant. The applicant ...
Warren Buffett, the former richest man in the world adds $12.1 billion to his net-worth in 2021 alone. The value investor saw his wealth soar to $100 billion putting him firmly in position as the sixt...
Jaiz Bank, a non-interest banking institution, has released that its profit after tax increased by 96% in the first nine months of 2023, also known as Q3. BusinessesDay analyzed this data.The company ...
On Tuesday, Airtel Africa Plc announced the retirement of Olusegun Segun Ogunsanya, the Chief Executive Officer, effective July 1, 2024.The telecommunication company says Sunil Taldar will take on man...
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...
VLP Therapeutics, a US-based biopharmaceutical company founded in 2013, announced on Monday that it has secured Series A funding worth $16 million from investors such as MIYAKO Capital and Konishiyasu...
Earlier today, it was reported that a liter of petrol has reached its highest since independence, settling at N1,200 per liter. The increase can be attributed to the removal of fuel subsidy by Preside...
DefinitionA bank run is a term used to describe a situation where bank customers withdraw all the money in their deposit accounts for fear that the bank insolvency. The more customers withdraw their m...