This week was one crowded with earnings. Here’s a rundown of some of the earnings you might have missed: There is Hope for Netflix The popular streaming service company reported that it lost up to 970,000 net subscribers during the just concluded quarter, much less than the 2 million loss they had anticipated. They, however…

What is Dividend? Dividend is the portion of profits paid out by a company to shareholders usually on an annual basis. …

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. …

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. …

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…

Guinness Nigeria Boasts 50.83% Revenue Growth in Q2 2022. On January 28, 2022, Guinness Nigeria released its second-quarter 2022 financial results, with key numbers as follow: Key Numbers Revenue grew from ₦72.35 billion to ₦109.12 billion, a 50.83% growth. Profit before tax grew from ₦1.29 billion to ₦12.97 billion, a 903% growth. Profit after tax stood at ₦8.8 billion. The current share price stands at ₦48.10

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…