On Monday, the J.Crew Group joined the bandwagon of companies that have recently filed for bankruptcy due to the coronavirus pandemic. The company has since become the first national US retailer to fi...
Wema Bank Plc said it would target a share placement or a public offer ahead of its forthcoming industry recapitalization order, which will target a share placement after the bank raised N40 billion i...
Securitization is a financial innovation that allows debt to be pooled together and for anyone to buy a claim on a portion of that debt.Securitization allows individual mortgages to be pooled to...
Bezos, an American entrepreneur, and billionaire isn’t just famous for his money, but for his brilliant initiatives as well. He is the founder of Amazon an online e-commerce store and Blue origin ...
If you go back a few hundred years, what we take for granted today would seem like magic—being able to talk to people over long distances, to transmit images, flying, accessing vast amou...
Investors at the Nigerian Exchange Limited closed January with the highest loss recorded for the year. Market capitalisation lost N1.07 trillion on Wednesday, January 31 2024.This is the third loss th...
Market Rally on Fed Optimism:The S&P 500 surged 0.85% to close above 5,400 for the first time.The Nasdaq Composite climbed 1.53%, reaching a new record high.The Dow Jones Industrial Average slight...
US Stocks Slip as Investors React to Corporate Earnings and Tariff ConcernsUS stocks closed lower on Tuesday as investors closely followed first-quarter corporate earnings and new developments in...
Michael Bloomberg is an American businessman, politician, and author who founded in 1981 a financial data-services firm later named Bloomberg L.P. Michael served as mayor of New Y...
French business mogul and a self-made billionaire, Francois Pinault is the founder of the luxury business conglomerate Kering which has fashion brands such as Gucci, Saint Laurent, and ...