The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 4.20% to close at N2.57 trillion as of 25th of March, 2022, as investors in these banks lost...
When it comes to finance and accounting, there are certain terms one must be familiar with, especially for those who are involved in various businesses. Capital expenditure and revenue expenditure are...
A mutual fund is a form of financial vehicle that invests in securities such as stocks, bonds, money market instruments, and other assets by pooling money from multiple investors.Professional money ma...
A 401(k) plan is a tax-advantaged and defined-contribution retirement account offered to employees by their employers. The 401(k) plan has a section in the United States Internal...
SWOOTs, which are stocks valued at over N1 trillion, encompass Airtel Africa, MTN Nigeria, Dangote Cement, BUA Foods, and BUA Cement.During the trading session of the week, SWOOTs experienced a collec...
Zenith Bank Plc earnings rose to a market valuation of over N1 trillion making it the first financial institution in Nigeria to surpass the billion bracket. According to statistics, from the Nige...
Amperion Power Distribution Company Limited, the majority shareholder in Geregu Power Plc, offloaded a million units of its holdings on Monday, 21, 2023, in what it calls a cross-deal stock sale.A cor...
Nestle Nigeria recently announced that its liabilities exceeded its past assets by N78.1 billion in 2023 following the naira's free fall, which affected operations.The company recorded a loss followin...
The percentage of total unemployment that is specifically caused by cycles of economic expansion and contraction is known as cyclical unemployment. Typically, unemployment increases during economi...
AXA Mansard is an insurance company and financial company that is focused on health, investments, insurance, and more. The company reports a whooping 37.3 percent decline from last year’s numbers.&n...