LIBOR stands for London Interbank Offer Rate and is the official rate of interest at which banks can borrow from each other in the UK interbank market.LIBOR is frequently used as t...
Oando Plc recently signed a deal worth $800 million in partnership with the African Export and Import Bank (Afreximbank) at the ongoing Intra-African Trade Fair that took place in Cairo, Egypt.In a tw...
Nestle Nigeria recently released its foreign exchange for the first nine months of 2023, and it shows that the firm recorded a loss of N127.46 billion, far from the corresponding year that settled at ...
Airtel Nigeria has announced that it has built over 200 new sites to boost services running on the fifth-generation (5G) technology.The telecom operator said it is already offering services in Lagos, ...
Managing Directors (MDs) are the highest-ranking role within an investment bank without becoming a Group Head or C-Level Officer. Their job is to find clients and get deals for the firm...
An MBA is a professional qualification gained from completing an MBA course at a business school. It stands for Masters of Business Administration. Typically, people working in investment banking and ...
Mergers & Acquisitions or M&A is a group in an investment bank that is specialized in providing advisory services to clients on the purchase, sale and merger of private or public com...
Pitch is a term that refers to the attempt by a firm to convince another firm to buy or sell something.A contextual example is "Goldman Sachs pitched several mid-cap tech companies to a priv...
FCMB Group Plc recently announced a 108% year-on-year (YoY) growth in profit before tax (PBT), which accounted for N55.1 billion for the first nine months, which ended September 30, 2023, when compare...
Nigeria and Angola, the two largest crude oil producers, have opposed the reduction in their crude oil production quotas by the Organization of Petroleum Exporting Countries (OPEC).According to delega...