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  • What is capital surplus?

    Capital surplus is extra money a company has. This money is not from the normal business of the company. There are a few ways a company can get capital surplus: Selling stock for more than par value Companies can sell shares of their stock. Each share has a “par value”. This is the lowest price…

  • NGA backs gas for Nigeria’s growth push

    The Nigerian Gas Association pledged to advance industrial development through natural gas initiatives at a gathering in Lagos. President Akachukwu Nwokedi addressed attendees at the 15th annual conference of the Nigeria Liquefied and Compressed Gases Association, where he outlined plans for economic transformation. The association supports expanding access to liquefied petroleum gas and compressed natural…

  • Asymmetric Payoff

    Asymmetric payoff is when you can make or lose money in different ways depending on which direction something goes and by how much. It’s a thing in contracts called derivatives. The amount you gain or lose isn’t the same on both sides – it’s lopsided. What is it? People trade these special contracts where the…

  • Africa launches quantum challenge, eyes future

    The Africa Quantum Consortium has launched a continent-wide initiative named Hack the Horizon: The Pan African Quantum Challenge. This program aims to unite researchers, developers, and industry leaders from across Africa and its diaspora to collaboratively build quantum technology solutions. According to the consortium, the project is a strategic effort to assemble a sovereign quantum…

  • What is a call spread?

    A call spread is something people do with stock options. It’s when you buy one kind of option called a “call” and sell another kind of call option at the same time. The two call options you get have the same expiration date. That means they both end on the same day. But here’s the…

  • What is an Account Payee?

    An account payee is a person or entity designated as the only one allowed to receive payment from a specific check or negotiable instrument. When you write a check to someone and mark it as “account payee only” in the payee line, you are restricting how that check can be used. This type of check…