After market close on Monday, Walmart revealed new estimates for adjusted earnings per share. It said there will be a decline by 8% to 9% for the second quarter an...
KEY TAKEAWAYS* The S&P 500 added 0.4% on Monday, Nov. 18, kicking off a trading week that will feature a highly anticipated earnings report from chip giant Nvidia.* Supermicro shares regained grou...
Holcim to List North American Spin-Off on Swiss ExchangeSwiss building materials company Holcim announced plans to list shares of its North American division on the SIX Swiss Exchange, alongside a pre...
One of Nigeria’s long-lasting financial institutions, Union Bank of Nigeria, has announced its delisting from the Nigerian Stock Exchange (NGX) after 52 years of actively paying shareholders with wo...
The Board of Directors of Lafarge Africa recently announced that it will pay shareholders a dividend of N1.90 per unit of its shares for the year ending December 2023, which amounted to a total of N30...
Fidelity Bank Plc recently announced a 120.1% growth in profit before tax in the first quarter (Q1), which ended March 31, 2024. The bank recorded N39.5bn for Q1 2024, which was far from the correspon...
Recent data has revealed that there has been a significant decline in foreign investors who are interested in Nigerian stocks, which has been in for six consecutive years. The data shows the considera...
In a world of new technology, innovations, fast-rising inventions, profitable businesses and investments, the number of successful businessmen and billionaires has since doubled over the years. Out of...
A lot of companies listed on the Nigerian stock exchange have been raising cash through bonds, share issues, etc. This is a way to raise cash when a company is getting close to being in distress or ba...
Corporations can raise capital on the New York Stock Exchange through direct listings without losing profits if their stock jumps, or by paying heavy fees to Wall Street banks that typically subscribe...