A buyback, also known as a share repurchase, occurs when a company buys its own outstanding shares to reduce the number of shares available on the open market. Companies buy back shares for a number o...
British motor racing team, McLaren announced its latest signing of 13-year-old racing wonderkid, Ugochukwu Ugo, on its website on Monday.The company said it will work Ugochukwu through his development...
Founder of restaurant chain Texas Roadhouse died on Thursday, at the age of 65, after taking his own life due to post-Covid struggle, the restaurant chain wrote on its Facebook page.According to his f...
Coinbase, the largest crypto exchange company has been fined the sum of $6.5 million by the Commodity Futures Trading Commission, an independent agency created to protect public users from fraud relat...
Saudi Aramco, one of the largest companies in the world by revenue saw its profit decline by 44% to $49 billion in 2020.The coronavirus pandemic wrecked the oil company's income as the ensuing lockdow...
With more innovations and strategic ideas springing up among fintech startups, digital banks are strongly advancing in the banking industry, swaying customers away from traditional banking as they pro...
Nigeria's most valuable bank, GTBank recorded an impressive profit last year despite the economic meltdown brought on by the coronavirus pandemic. According to the bank's annual report, it saw an...
Peloton's CEO said that a child was killed in an accident involving the company's treadmill. In a letter sent to all customers, the fitness company's CEO, John Foley said that they have been awar...
Nigerian booking-booking platform, Plentywaka has been accepted into the Techstars Toronto accelerator program, according to TechCrunch reports.In a bid to expand its operations from Nigeria to Canada...
PepsiCo is partnering with LA Lakers star LeBron James to launch an all-new energy drink MTN Dew Rise Energy, a drink that is created to boost mental capacity and immunity. “As energy beverages evo...