Indonesia will ban palm oil exports from April 28, until further notice. President Joko Widodo on Friday, April 22, has announced a halt of shipment of cooking oil and its raw material to control soaring domestic prices. The country has been running low on palm-based cooking oil since November, 2021…

Is profitability and high dividend yield sufficient to determine which company to invest in? In this article we analysed BUA and Flour Mills financials and we were able to come up with ratios that could help you make good investment decisions. History of BUA BUA Foods PLC is a Lagos, Nigeria based company…

Proof-of-Work vs. Proof-of-Stake The proof-of-work is a system whereby one party (the prover) proves to others (the verifiers) that they have spent computational effort solving an arbitrary mathematical puzzle to prevent people from taking advantage of the system. Proof-of-work has been deemed unsustainable because of the amount of computational power…

Federal Reserve First Rate Hike Since 2018 Introduction Yesterday, Fed chair, Powell, had a news conference following the federal reserve’s raised interest rates by 0.25 percentage points. This would be the first time since 2018 that the federal reserve would be raising rates. Here are the things you need to…

Nigerian Breweries Revenue Hits 5 Year High. Nigerian Breweries last week released its audited full-year 2021 numbers. Here is a deep dive into the company’s results. We will update this with additional information, from the company’s investor day. Revenue hits 5 year high The company made N437 billion as revenue…

55.3% Data Growth boosts MTN Nigeria 2021 Numbers. MTN Nigeria last week released its results for the 2021 financial year. Here are a few key points from the numbers. We will update this post, with additional information after the analyst call which should take place sometime this week. The broad…

Cloud Services Leading Driver of Microsoft Revenue Introduction Tech giant Microsoft, released its Q2 2022 earnings yesterday, here are the key points. Key Numbers The company made $51.7 billion in revenue with its three key segments experiencing double digit growth rates. Cloud services was the fastest growing segment, as it…

Peloton management sold shares before the stock dumped. Introduction As of today, Peloton share price is at $27.06 per share, which is more than an 80% drop from its high of last year of $166.67. Yet, company executives and other insiders have sold nearly $500 million of their stock before…