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TechnologyBusiness

Samsung Shares Slide as Record Payout Plan Falls Short of Investor Expectations

Shares of Samsung Electronics fell sharply on Monday after investors reacted negatively to the company’s record shareholder-return plan. Samsung announced plans to return...

TechnologyBusiness

SK Hynix to Pay Majority of 2026 Employee Bonuses in Company Stock

SK Hynix has reached a tentative wage agreement with its South Korean workers that will see employees receive at least 60% of this...

TechnologyBusiness

Samsung Reportedly Plans Major $72 Billion Shareholder Return Programme

Samsung Electronics is reportedly preparing to unveil a shareholder return programme worth more than $72 billion, in a move that could rank among...

BusinessNigeria

Lasaco Assurance Raises N19.3 Billion to Strengthen Capital Base

By Benson Daniel Lasaco Assurance Plc has successfully raised N19.3 billion through a capital-raising exercise, strengthening its financial position as the company moves...

BusinessNigeriaTechnology

GCR Raises Axxela’s Credit Rating on Improved Financial Performance

By Benson Daniel Global Credit Ratings (GCR) has upgraded the credit rating of Axxela following the company's stronger earnings performance and improved financial...