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, ...
On Monday, the Nigerian Senate through its Committee on Finance, announced that it was disappointed at the N17 trillion loss suffered by the country on tax waivers for the past five (5) years.The Sena...
The Abuja Electricity Distribution Company (AEDC) recently announced that it will disconnect the electricity supply to the Presidential Villa, including 86 other Ministries, Departments and Agencies (...
Yesterday, the Nigerian Exchange Limited (NGX) stock market recovered from prior days' losses as investors renewed interest in United Bank for Africa Plc (UBA), BUA Cement Plc, and nine others, pushin...
The naira has been continually gaining little by little against the dollar at the official market. On Wednesday, the naira finished more robustly at the Nigerian Autonomous Foreign Exchange Market (NA...
What is the definition of a Balance Sheet?DefinitionThe balance sheet is a financial statement that reports a company’s total assets and how these assets are financed either through debt or equity p...
The African Export-Import Bank (Afreximbank) recently announced it has plans to launch its currency trading platform as part of its ongoing plans to address the intra-African trade financing gap, esti...
After a mixed trading session last week, market analysts at the Nigerian capital market have still come to say that investors at the NGX should expect a bearish run, which will involve more portfolio ...
The largest cryptocurrency trading platform, Binance has come again with another revelation: it will shut down all naira services starting on March 8, 2024. This development came days after the crypto...