Recently, Investing Port published an article of Domino's Pizza CEO, Richard Allison issuing a warning of a possible shakeout to third party delivery companies. Right now, it seems pizza wars have alr...
The Nigerian stock market started with positive news in July (Q2 2023) as investors gained N534 billion on the first trading day of the month. This news was recorded on the closing day yesterday as in...
Even while entry-level accounting professions often entail working long hours performing computations, the career path offers chances to advance to senior roles with substantial incomes. Possess...
Nigerian stocks experienced losses for the second consecutive day yesterday, with the market capitalization closing at N111 billion lower.As a result, the All-Share Index fell by 204.25 percent, or 0....
On Wednesday (Jan 8), department store operator, Macy's Inc. ( NYSE: M) reported a marginal fall in holiday period same-store sales. This was surprising to investors as they were bracing for a sharper...
As international investors remain cautious, inflows through the Investors and Exporters window (I&E) fell by 65.7% month on month in July.According to FMDQ data, foreign exchange inflows into the ...
The fall of the naira in both the parallel and official markets on Thursday was a result of the high demand for the dollar, which extended the difference between the two windows to more than N150.At t...
What is Bag Holder?A bag holder is a term used to refer to investors or individuals who are stuck with something that is completely worthless or almost worthless. Such a person is said to be left “h...
On Wednesday, August 15, Nigeria's Eurobonds witnessed a significant drop after the Federal Government announced the hike in the price of petroleum and also laid the blame on shortages of foreign exch...
Bloomberg reports that Nigeria's Finance Minister, Olawale Edun, announced that the fall in the naira was because of the overdue forward payments in the foreign exchange, which totaled $6.8 billion.&n...