October 28, 2022
What is a reverse stock split?
A reverse stock split is an action initiated by a company to reduce the amount of existing shares of stock into smaller (higher-priced) shares. A reverse stock split, also kn...
A reverse stock split is an action initiated by a company to reduce the amount of existing shares of stock into smaller (higher-priced) shares. A reverse stock split, also kn...
According to Reuters, Massmart Holdings Limited, a South African (SA) company and the continent's second-largest consumer products distributor, has revealed plans to close down 14 Game stor...
A limit order is a buy/sell order that specifies a maximum price to be paid or a minimum price to be received for a stock. Only at the specified limit price or more will the order be executed. A&n...
An investor's risk capacity or tolerance can be evaluated using their time horizon. Generally speaking, an investor can be more adventurous with their portfolio depending on the length of l...
The Central Bank of Nigeria has announced the redesign and printing of new naira notes for selected notes. Besides it being a norm for central banks to redesign local legal tender from time to tim...
The operational and administration costs for running a mutual fund are measured by the expense ratio, which is a percentage calculated on the assets managed by the fund. A mutual fund that doesn'...
To enhance Nigeria's payment system, the Central Bank of Nigeria (CBN), Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, and Bankers' Committee have jointly announced a new national card scheme....
Dr. Abasi Ene-Obong, co-founder and CEO of the African genomics startup 54gene, has resigned from his executive position. This news comes just a month after Ogochukwu Osifo, vice president of eng...
A B2B SaaS startup called Simpu recently launched a multi-channel communication app to improve interactions and engagements between businesses and their clients. The key feature of...
Notwithstanding volatile market conditions, 2 major Bitcoin organizations are reportedly amassing BTC at the moment. Rich investors are aggressively hoarding bitcoin using global digital asset exch...