MultiChoice Group has announced that its Nigerian subsidiary has agreed with the Federal Government of Nigeria through the Federal Inland Revenue Service to pay a total tax of about $37.3 million.&nbs...
The Nigerian Stock Exchange (NGX) investors started the week positive as Monday's trading session led market capitalisation to gain N101 billion. Market capitalisation closed with N55.836 trillion—t...
Electric-car maker, Telsa Inc. handed over the first 15 Model 3 sedans assembled at its new multibillion-dollar plant near Shanghai (its first outside the U.S.) to company employees at the facility on...
The Nigerian Stock Exchange (NGX) finished yesterday on a positive note following gains in Geregu Power Plc and 23 others, leading market capitalisation to an increase of N329.25 billion to finish at ...
10-Year Treasury Note is simply a debt obligation issued by the United State government which allows a 10 years maturity once it is issued. In the note, the debtor is expected to pay a fixed amount ev...
What is Backtesting?Backtesting refers to the process of applying an analytical method or trade strategies on the existing model in order to observe how accurately the strategies would predict or dete...
A bailout is said to happen when a business, an individual, or the government provide a failing company or government with capital or resources (capital injection). This usually happens when a company...
On Thursday, it was reported that the naira appreciated a little against the United States dollar at the Nigerian Autonomous Foreign Exchange Market to close at N1,498.25/$ from N1,503.38/$ that was r...
On Thursday, the National Bureau of Statistics (NBS) reported that the nation's annual inflation rate increased to 29.90% in January from the corresponding year, which finished at 28.92% in December 2...
The Senate recently approved the 2024 budget of the Nigerian Customs Service (NCS), valued at N5.079 trillion. The legislative chamber made this announcement on Wednesday.The passage of the budget int...