Plc

There are thousands of tokens out there right now, and many of them are doing quite well. However, the one that is really trending right now is PLCU. It has seen an impressive rally over the past few days and has been a big hit with investors. So, could Toon Finance be the next big thing? Well, it certainly seems to coincide with PLC Ultima’s rise somehow and that got us really interested. Let’s dive in and figure out why PLC Ultima is trending and how come Toon Finance is doing so well also? What is PLC…

Solidigm, the NAND research and manufacturing arm sold by Intel to SK hynix, took to the Flash Memory Summit 2022 to showcase a finished and working SSD prototype carrying the company's latest NAND technology: Penta-Level Cell (PLC). PLC builds upon NAND density by adding the capability for a single cell to store up to 5 bits of data (up from QLC's four bits per cell), increasing the amount of available space in each NAND flash chip.The new technology thus paves the way for even cheaper $/GB ratios on PLC-based SSDs than…

The Nigerian equity market is struggling to shake off the bout of risk aversion stocks have been seeing from investors and traders since around the end of May, which has depressed the main equity index somewhat. The gauge depreciated by 0.5 per cent in the week that just went by. The outlook for stocks in the short term is largely dim by reason of the central bank’s recent upward rate adjustment, which could see smart money already invested in equities leave them for fixed income securities like bonds and…

Guinness Nigeria Plc has appointed Dayalan Nayager as its vice chairman and non-executive director. Mr Nayager’s appointment to the company’s took effect from July 1, the brewer announced on Friday. Mr Nayager was formerly the managing director of Diageo Great Britain. He held leadership positions within Diageo and in other multinational corporations in Africa in marketing, supply chain, and supply chain management. “The Board is optimistic that Mr. Nayager’s invaluable experience and…

Transnational Corporation Plc, (Transcorp Group) has reported impressive returns in all its major financial indices for the first quarter ended March 31. Its unaudited results filed with the Nigeria Exchange Limited, showed that the conglomerate with interests in the power, hospitality, and energy sectors recorded a profit after tax of N5.0 billion, rising 147 per cent from N2 billion recorded in the first quarter of 2021; while profit before tax which stood at N2.5 billion last year,…