One of Africa's leading genomics startups, 54Gene, co-founded by Abasi Ene-Obong is wrapping up its operation. Before the firm started its full-time operation, it underwent three funding rounds in whi...
What is a Bear Call Spread?DefinitionThe bear call spread is a type of options strategy used by option traders when there are suspicions of a price decrease of a security or asset. It is also known as...
DefinitionA bank reconciliation is a document that matches a company’s cash balance on its balance sheet to the equivalent amount on its bank statement. Bank reconciliation is done at intervals to e...
Access Holdings Plc Board of Directors has announced the death of its beloved Chairman, Bababode Osunkoya.The statement by the Board of Directors of Access Holdings about the death of Late Bababode Os...
Following the credit card company, Mastercard’s revelation on Monday, Feb. 24, 2020, that the deadly coronavirus outbreak could have an effect on its revenue for the 2020 fiscal year, its shares f...
The Federal Government of Nigeria has announced listing N4.214 billion of its April 2024 Savings Bonds on the Nigerian Exchange Ltd. (NGX) platform.Godstime Iwenekhai, Head of NGX's Issuers Regulation...
Fitch Warns of Economic Challenges for Nigerian Banks in 2025 Key Highlights:International credit rating agency Fitch Ratings has forecast a challenging operating environment for Nigerian banks i...
A structured investment vehicle (SIV) is a non-bank financial entity that is designed to purchase investment targeted to profit from the gap in interest rate – known as the credit spread – between...
Southern Roots Vegan Bakery Black-owned bakery Southern Roots has seen a 100 percent spike in its sales over the past couple of months. The San Antonio based vegan bakery saw tremendous...
Shares of automaker, Tesla rose 1.7% during Monday premarket trading following Wedbush analyst Dan Ives’ price increase. The analyst rose Tesla’s target to $500 ahead of the company’s ...