A margin call is a situation that occurs when an investor’s margin account value decreases below the broker’s required amount. The margin account is the account that holds all an investor’s borr...
A buyback, also known as a share repurchase, occurs when a company buys its own outstanding shares to reduce the number of shares available on the open market. Companies buy back shares for a number o...
GameStop on Wednesday announced the appointment of Matt Furlong and Mike Recupero - both of who are former executives at Amazon- as its new CEO and chief financial officer.The video-game ret...
The stock of AMTD Digital has jumped by a whopping as 32,229 percent since its mid-July IPO without any prior news, indicating that the boom is being fueled by the stock's high demand and the low ...
A business development company (BDC) is a firm whose sole purpose is to invest in small and medium businesses, as well as distressed companies. It helps to develop and grow small and medium-sized busi...
The Nigerian Stock Market closed its eighth consecutive loss with an N57 billion win, which can be attributed to investors' demand for FBN Holdings (FBNH) Plc and 16 others.The NGX All-Share Index (AS...
What could become the next biggest Chinese IPO in the United States since Alibaba’s $25 billion 2014 stock market debut could just be around the corner.Chinese fintech giant Lufax Holding Ltd., a co...
The second-largest cement company in Nigeria, BUA Cement, lost a total of N162.55 billion in the past week as its shares dropped by 4.8% on the Nigerian Stock Exchange.This saw the market capitalizati...
Top Nigerian bank Zenith Bank, released its unaudited results for the first quarter of 2021 which ended on March 31. It recorded a rise in profit before tax of 4 percent to N61 billion, which is over ...
Investors at the Nigerian Stock Exchange (NGX) finished the mid-week trading session in a red zone, leading to a three-day consecutive bearish run. Market capitalisation was down by N168 billion, as i...