Meta follows the suit of big tech companies that plan to lay off some of their employees. Although this news has been a headline for some days now, the company announced that on Wednesday, October 4, ...
The latest report released by the Nigerian Electricity Regulatory Commission (NERC) shows that the Federal Government of Nigeria paid ₦135.23bn for electricity subsidy in Q2 2023, and this showed th...
Lafarge African Plc recently released its Q3 report and the first nine months that ended September 30, 2023. The net sales of the cement makers settled at N289.081 billion, which signifies a 7.1% incr...
MTN Nigeria revealed that it is set to issue two series of commercial papers worth N52.895 billion. The telecommunication giant submitted a corporate notice with the NGX where it announced the Series ...
President Bola Tinubu has put a stop to the implementation of the increase in electricity tariffs and has insisted that subsidy will be paid on power nationwide, The Minister of Power, Adebayo Adelabu...
The World Bank which is considered as the largest bank in the world has finally released $299.99 million to Nigerians out of the $800 million that was approved for the National Social Safety Net Progr...
MultiChoice Group Ltd. has announced its third consecutive semi-annual loss and blamed the financial challenges it witnessed on foreign exchange in Nigeria (naira devaluation) and steady power outages...
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 ...
A central bank is an organization within a country which is responsible for setting and using monetary policy in order to adjust the economic performance of the country. The central bank is supposed t...
A fixed income asset is any asset that provides a constant stream of periodic income, the most common form being a bond. Due to the fact that the income is constant, it is easier to value the future c...