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Latest News
Stocks Soar as the House Passes a Debt-Reduction Agreement
Stocks noticed a rise on Thursday, June 1st following the passage of a bill by the House to raise the debt ceiling. After the passage of the bill, Nasdaq Composite (^IXIC) rose to 1.28% while Do...
MTN Nigeria's Ongoing Investment in 3G Technology and Expansion of 5G Services
MTN Nigeria's CTO, Mohammed Rufai, emphasizes the company's ongoing investment in 3G technology due to a considerable number of Nigerians who haven't upgraded to 4G or 5G devices. Rufai acknowledges t...
Oluyemi Oloyede Appointed as New Managing Director and CEO of UAC Foods Limited
In March 2023, Oluyemi Oloyede was appointed as the new Managing Director and Chief Executive Officer of UAC Foods Limited, a top Nigerian company in the food and beverage industry. With more than 16 ...
Leverage Ratio: Definition, Types
Definition A leverage ratio is a financial metric that evaluates the amount of capital that comes from debt (loans) or evaluates a company's capacity to satisfy its financial oblig...
What Is the Volume-Weighted Average Price (VWAP)?
Volume weighted average price (VWAP) is an intraday chart technical analysis indicator that resets at the beginning of each new trading session. It is a benchmark for trading that shows the daily av...