The third quarter results for International Breweries Plc have been released, and they indicate a record 5.6% increase in revenue from the third quarter of 2021 to a record N49 billion. Howev...
The largest sugar refinery in Nigeria, Dangote Sugar Refinery Plc, recently reported revenue of N102.863 billion for the third quarter of 2022, up 61.87% from N63.548 billion in the third qua...
Elon Musk, the richest man in the world, is planning to revamp Twitter and is exploring charging Twitter users $20 (N16,000) per month or $240 per year for a verified account, according to ...
What is an Interval Fund? An Interval Fund is a type of closed-end fund which provides investors with liquidity at predetermined intervals, usually quarterly, semiannually, or annually. ...
What is an Outstanding Check?A check (or 'cheque') that has been written but hasn't been cashed or deposited by the payee is known as an outstanding check. The person or organization writing the check...
Shortly after the announcement of Dr. Abasi Eneobong's resignation as CEO of 54gene, the company has once again come into the spotlight. A fresh round of layoffs, which occurred on...
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 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'...