Calenderization is the accounting process of matching the financial records of 2 companies. All companies have different start/end dates to their financial year so when attempting to compare companies...
Capital Expenditure (also known as CapEx) is the amount a company spends on the acquisition or upgrade of physical, tangible assets such as:PropertyFactoriesEquipmentThe relative amount of Capital Exp...
Close refers to the price at which a security ended a period of trading, as well as the end of a period of trading for an overall market. Two examples of how the word close would be use...
In 2021, the Global General Aviation Market was valued at USD 25.92 Billion in 2021, and analysis shows that it's expected to reach a value of USD 36.72 Billion by 2028, at a CAGR of 5.10% over the fo...
The richest woman in the world, Francoise Bettencourt Meyers, the world's richest woman, has experienced an increase in her net worth after credible sources made the announcement.The 69-year-old billi...
The Grand Africa Initiative (GAIN) and the Development Bank of Nigeria Plc (DBN) have announced the commencement of the second edition of the two firms collaborating together to teach 200 young Nigeri...
Barbican Capital Limited has made it official about its acquisition of a major interest in FBN Holdings. The total transaction weighs about 4.77 billion ordinary shares or 13.3% of FBN Holdings' total...
The Cash Flow Statement is one of the three financial statements that are used to value a company and it shows actual inflows and outflows of cash.The Cash Flow Statement is constructed using the Bala...
Market capitalization is the market value of the issued equity of a firm. It is calculated by multiplying the number of shares in the market by the price per share. Market capitalization is typically ...
Medsaf, a Nigerian health tech business, laid off all of its full-time staff in March. Since the termination of their work, former workers of the firm have revealed that their pay and incentives have ...