Kenya's Asset Recovery Agency (ARA) received a court order to freeze 56 bank accounts on Wednesday. These accounts were used by 7 firms to launder Ksh7 billion ($59.2 million). The businesses inc...
Ford Motor revealed on Tuesday that second-quarter new car sales increased slightly but fell short of predictions from industry analysts. The business reported that sales increased by 1.8 percen...
According to the Federal Government of Nigeria, 1 million software engineers would be trained in Nigeria over the next 18 months. The government is requesting the assistance of significant play...
Elon Musk claims that he must overcome three major obstacles before completing his purchase of Twitter. Earlier this year, Musk indicated strong interest to purchase Twitter for $44 bil...
Popular streaming service Netflix is seeking players for a new reality TV program based on its most popular series, Squid Game. It will not, however, be a life-or-death situation, as shown ...
TitanTrust Bank Limited has completed the transaction to acquire a controlling position in Nigeria's second-oldest financial institution, Union Bank of Nigeria, it thus stated in a regulatory filing o...
Starlink, an Elon Musk-owned web service, is slated to commence in Africa between July and September this year, with two African countries participating.Musk revealed in a tweet on Friday that Starlin...
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...
Earnings per share (EPS) is the portion of a company's profits that is available to its common stockholders. Investors keep a careful watch on this metric, which they use to evaluate a company's perfo...
To raise funds, publicly listed corporations might sell preferred or common stock to investors.Both can pay dividends, albeit the amount paid out and the timing of such payouts may differ.Between the ...