On Wednesday, the Central Bank of Nigeria (CBN) announced that all previous pending valid foreign exchange backlogs were officially cleared, thereby fulfilling one of the important pledges Mr Olayemi ...
NASCON Allied Industries announced that it gained more market share even as its profit after tax (PAT) rose by 151% to N13.73 billion for the financial year ended December 31, 2023.NASCON also reporte...
TotalEnergies Marketing Nigeria Plc recently announced that for FY 2023, it will distribute a total of N8.49 billion to its shareholders as a dividend at a rate of N25 per share.This was stated in the...
Wingstop Inc is a fast-food company that specialized in Chicken and drinks, including alcoholic drinks. The stock was a top performer before covid, during covid and now it starts to underperform...
Access Holdings recently reported that its profits increased by 306.91% to N619.32bn for the financial year 2023, far from the corresponding year, which settled at N152.20bn in 2022.This was revealed ...
Recent data collected from both market segments from the trading session on Wednesday showed that the value of the naira appreciated against the dollar on all foreign exchange markets.The naira closed...
Few weeks ago, Investing Port reported of the stock market being in an all-time high, with the possibility of a bubble bust occurring in the coming year. Currently, strategist are commenting on ...
What is a Balanced Fund?DefinitionA balanced fund, also known as asset allocation fund, is commonly classified by its equal asset allocation in a single portfolio. It is a mutual fund that compri...
The recent financial downturn has turned Apple into a big company, the biggest tech company in the world and now it is worth more than Alphabet, Amazon, and Meta combined. Apple’s m...
It has been reported that the Central Bank of Nigeria (CBN) and other financial institutions have made $2.5 billion available in the foreign exchange market over the past two weeks, which has caused t...