Electric-car maker, Telsa Inc. handed over the first 15 Model 3 sedans assembled at its new multibillion-dollar plant near Shanghai (its first outside the U.S.) to company employees at the facility on...
Earlier this month, it was reported by the Financial Services Commission on Sunday, November 5, that South Korea will issue a stop to stock short-selling starting from Monday, November 6, until June 2...
10-Year Treasury Note is simply a debt obligation issued by the United State government which allows a 10 years maturity once it is issued. In the note, the debtor is expected to pay a fixed amount ev...
What is Backtesting?Backtesting refers to the process of applying an analytical method or trade strategies on the existing model in order to observe how accurately the strategies would predict or dete...
A bailout is said to happen when a business, an individual, or the government provide a failing company or government with capital or resources (capital injection). This usually happens when a company...
OPEC has partially settled the dispute that occurred some weeks back as some top oil-producing countries (Nigeria and Angola) clamoured for an increase in their production quota in 2024. Ye...
The Senate has threatened to involve the Economic and Financial Crimes Commission (EFCC) in recovering the Central Bank of Nigeria's intervention loan of N135 billion that was given to 15 oil and gas ...
Bola Ahmed Tinubu, popularly known as ‘Jagaban,’ is a Nigerian political Godfather who served and worked his way into the thick and thin Nigerian political climate. His story is one to be reckoned...
On Monday, Xerox Holdings Corporation upped the ante in its bid for a stunning merger with HP Inc (HP +2.6%). Worth around $18.40 in cash and 0.149 Xerox shares (XRX + 1.4 %) for each HP sha...
What is Bail-In?DefinitionA bail-in is a means of providing help by the creditors of a company on the verge of failure by writing off debt the company is owed or converting the debt into equity, ...