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Business

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Revenue Sharing Rose From ₦700bn To ₦4.5trn Under Tinubu, Says NRS Chairman Adedeji

The Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has defended President Bola Tinubu’s economic reforms, saying the country’s monthly revenue allocation has risen from about ₦700 billion in 2023 to ₦4.5 trillion. Adedeji stated this on Sunday during an interview on Channels Television’s Sunday Politics, where he argued that the impact of the administration’s [...]

Leadership·12h ago·1m
Trending

Permian Resources (PR) Is Down 5.4% After Record Q2 Earnings And Higher 2026 Oil Guidance - What's Changed

In early August 2026, Permian Resources Corporation reported that second-quarter net income rose to US$792.46 million, with basic earnings per share from continuing operations increasing to US$0.95, while also affirming a quarterly base dividend of US$0.16 per share. Alongside record free cash flow, the company raised its full-year 2026 oil production guidance to about 199,000 barrels per day at the midpoint, highlighting efficiency gains and expanded Delaware Basin inventory. We’ll now...

simplywall.st·12h ago·1m
Trending

Marriott Vacations Worldwide (VAC) Is Up 26.6% After Boosting 2026 Sales Outlook And Adding AI-Focused Strategist - What's Changed

In early August 2026, Marriott Vacations Worldwide reported second-quarter revenue of US$1,320 million and net income of US$77 million, and raised its full-year 2026 contract sales guidance to a range of US$2,080 million to US$2,115 million. The company paired this upgraded outlook with the appointment of a Chief Strategy & Transformation Officer to accelerate analytics, artificial intelligence adoption, and product development, signaling management’s focus on execution behind the higher...

simplywall.st·12h ago·1m
Trending

Agentic AI Push and Buyback Amid Losses Might Change The Case For Investing In Kyndryl (KD)

Kyndryl Holdings recently reported first-quarter 2026 results showing sales of US$3,618 million versus US$3,743 million a year earlier, moving from net income of US$56 million to a net loss of US$55 million while also filing a US$24.97 million ESOP-related shelf registration and completing an US$462.67 million buyback of 19,280,746 shares. At the same time, Kyndryl launched its Agentic Modernization services-as-software built on the Kyndryl Agentic AI Framework and Kyndryl Bridge, signaling...

simplywall.st·12h ago·1m
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