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Whether we’re in the midst of earnings season or riding out the market’s lulls, you want to know the best strategies for your money. And you’ll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and “analysis” from people who might have your email address … but no track record of success. […]Read More

A factory and its machinery are examples of plant assets. Broadly speaking, an asset is anything that has value and can be owned or used to produce value, and can theoretically be converted to cash. In business, assets can take several forms — equipment, patents, investments, and even cash itself. Here’s a rundown of the […]

The basic premise of finance is that money has time value — a dollar in hand today is worth more than a dollar in the future. The study of finance seeks to make it possible to compare the value of a future dollar in terms of present dollars. Below, we’ll show you how to calculate […]

The idea behind Generally Accepted Accounting Principles is to enforce some degree of uniformity among varying companies’ financial statements and methods of accounting. However, it’s possible for a company’s financial statements, or books, to differ from its tax returns. In fact, many U.S. companies maintain two sets of books: one that adheres to Generally Accepted […]Read More

Operating cycles and cash cycles are measures of how effective a company is at managing its cash. When a company invests in inventory, its cash is tied up until the items in question are sold. As a result, whatever cash is tied up is not available for other uses. It’s therefore in a company’s best […]

The terms “redeemable shares” and “convertible shares” refer to different types of preferred stock. If a preferred stock is redeemable, it means that the issuing company can exchange those shares for cash, while convertible shares can be exchanged by the shareholder for common stock. Here are the specifics on redeemable and convertible shares. Redeemable preferred […]

Twitter (NYSE:TWTR) is officially messing with the order of tweets in your timeline. Of course, this isn’t the first time the company has done this. The social network rolled out a recap of the most-important tweets to users about a year ago in a feature called “while you were away.” But this time, Twitter’s reorganization […]Read More

International Breweries Plc’s approach of going down the price ladder has widened its sales base, an impressive result that trickled down to the bottom lines as the Nigerian brewer recorded gross margin expansion and increased profit. For the first nine months ended December 2015, International Breweries’ net income increased by 18 percent to N1.71 billion… […]Read More

Bank executives rose from their monthly industry meeting on Thursday with a firm agreement to seriously downplay foreign exchange access to invisibles -school fees, medical bills abroad- but rather to concentrate on allocating FX for those ventures that would boost the real sector. Herbert Wigwe, managing director, Access Bank who, alongside his colleagues and Central… […]

Increase in electricity tariffs in Nigeria, which took effect February 1, and was greeted with nationwide protests, did not affect consumers in the low-income class, otherwise known as the R1 customer class. This was revealed Thursday in Abuja by Anthony Akah, acting chief executive officer, Nigerian Electricity Regulatory Commission (NERC), who further narrated that electricity… […]

The naira on Thursday depreciated the most against the dollar as scarcity of foreign exchange (FX) persists in the markets, according to BusinessDay investigations. The naira weakened by N14 or 4.49 percent against the dollar at the parallel market after it closed at N326/$ compared with N312/$ traded on Tuesday. It lost N13 or 4.19… […]

The Federal Government has stepped up the privatisation of the Bank of Agriculture (BoA), as part of the new initiative to boost the delivery of credit facility to the nation’s players in the agriculture sector. Under the new arrangement, the bulk of the share-capital holding of the bank, would be sold to farmers associations in… […]