Summary:- Financial Results: Chellarams Plc reported a significant loss of N3 billion for the financial year ending March 2024, compared to a profit of N4.9 billion the previous year.- Main Factors fo...
In a strategic move to strengthen its financial sector, China is merging two of its largest state-owned brokerages, Guotai Junan Securities Co. and Haitong Securities Co., to create a financial powerh...
The Nigerian National Petroleum Company Limited (NNPCL) reported 188 cases of oil theft between August 24 and 30, 2024, with incidents spread across the Niger Delta. Key findings include:1. Illegal Re...
Broadcom's AI Outlook in Focus for Q3 ResultsInvestors closely watch Broadcom's (AVGO) quarterly results, particularly its AI-related updates. Broadcom is expected to announce Microsoft-backed OpenAI ...
OVERVIEWIkeja Hotel PLC is a prominent player in the Nigerian hospitality industry. The company owns and operates several well-known hotels, including:- Sheraton Lagos Hotel- Sheraton Abuja Hotel- Fed...
Aradel Holdings Plc's Acquisition:- Company & Acquisition Details: Aradel Holdings Plc, an indigenous energy company, has announced that its subsidiary, Aradel Energy Limited, signed a sale and pu...
Nvidia (NASDAQ: NVDA) has been at the forefront of the artificial intelligence (AI) revolution, with its GPUs becoming essential for developing large language models and generative AI. This has led to...
Dow Jones Hits Record High: The Dow Jones Industrial Average reached a new intraday record and closed up 65.44 points, despite the S&P 500 and Nasdaq Composite declining.Apple CFO Replacement: App...
Africa Prudential Plc has reported a profit after tax of N791 million for the first six months of 2024. This information was shared by Taofiq Giwa, the Chief Finance Officer of the company, during a w...
OVERVIEW:Hans Noren’s book offers insights into the investment strategies of some of the most successful investors in history. It aims to distill their principles and techniques into actionable advi...