Based on an analysis of Meyer Plc's most recent financial statement by BusinessDay, the company's earnings as one of Nigeria's largest paint manufacturers, fell by 40% last year. The company's af...
It has recently been reported that Zenith Bank Plc's shareholders have approved its transformation into a holding company.Zenith Bank Plc shareholders approved it during a court-ordered Extraordinary ...
The Chairman of Aradel Holdings, Mr Ladi Jadesimi, has announced that the firm plans to maintain its current growth trajectory and also plans to list on the Nigerian Exchange this year.Jadesimi ...
On Monday, the Nigerian stock market ended trading with a bearish trend, following investors' profit-taking activities on a day the federal government issued high-yielding bonds.Following the result, ...
Market Summary: December 2The U.S. equities market delivered a mixed performance as December trading began. The S&P 500 edged up 0.2%, reaching a record high for the second consecutive session, su...
Oil & Gas Boom: NGX Index Leads with 157.56% YtD Growth The Oil & Gas sector has emerged as the best-performing index on the Nigerian Exchange (NGX) in 2024, outpacing other sectors like ...
Guinness Nigeria Embraces Digitalisation for Growth Amid Market ChallengesGuinness Nigeria has announced plans to leverage digitalisation to drive volume growth and enhance operational efficiency. Spe...
A breakeven point is the level at which an investor or firm will have made no profit and no loss on an investment, i.e. a return of zero.Investors and firms calculate a point or price at which all the...
A broker is an intermediary who performs orders on behalf of a client, and takes a fee for doing so (regardless of whether the trade is profitable or not). Brokers usually have fixed trade commissions...
Liquidity is a term which refers to the ease and speed with which an asset can be converted into cash. A liquid asset will be exchangeable for cash very quickly with no loss in value, whilst an illiqu...