Another crypto company bites the dust, this time it’s a Nigeria-based crypto payment company called Lazerpay. The company will no longer exist due to lack of funding and the difficulty of scaling, s...
Dangote Cement board said they want to make investors happy and this also means that they may return value and profits to those who own Dangote Cement stocks. The value or reward can come in two ways:...
Jaiz bank has offered to pay dividends for the period ending December 3, 2022. This is the 4th month of the year in 2023 and the Nigeria bank is just now paying it’s dividend. Jaiz bank will pay a d...
If you have been following BPT stock, you will know that the stock as been going up and down for the past few days. Here is what is happening. BP Prudhoe Bay Royalty Trust announced that it will pause...
Billionaire investor Femi Otedola is known for making spontaneous acquisitions on the Nigeria stock exchange. Today, it was revealed that the former owner of Forte Oil has acquired 5.52% of Transcorp ...
As an investor, you want to maximize your returns and minimize your taxes. However, the Alternative Minimum Tax (AMT) can make it challenging to achieve both goals. The AMT is a separate tax system th...
Tesla Shares Fall 6% Amidst Concerns Over Automotive Gross MarginsOn Monday, Tesla's shares closed down 6%, with investors growing increasingly concerned about the company's automotive gross margins. ...
First republic bank share has sold off by a lot in the past days since the bank run news broke out. Just like SVB, the Silicon Valley bank that is facing bankruptcy due to a bank run, FRC is also stru...
Moniepoint and PayDay, two Nigerian fintech firms, have denied reports of a planned acquisition. WeeTracker, an African tech publication, had earlier reported that Moniepoint was set to acquire PayDay...
The Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Adesoji Adesugba, announced that the Free Trade Zones (FTZs) Scheme generated N35.1 billion in Customs Duty for the gove...