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BusinessNov 3Upwork outlines $236M-$240M FY2026 adjusted EBITDA as it acquires WorkMotionUpwork has projected its adjusted EBITDA for fiscal year 2026 to be between $236M and $240M, alongside its acquisition of WorkMotion. This announcement provides key financial guidance and details a strategic expansion for the company.Seeking Alpha Tech
BusinessNov 3Bioventus expects 2026 revenue of $590M-$595M while reaffirming adjusted EPS of $0.75-$0.79Bioventus forecasts its 2026 revenue to be between $590 million and $595 million, and has reconfirmed its adjusted earnings per share in the range of $0.75 to $0.79. This provides insights into the company's financial projections.Seeking Alpha Tech
BusinessNov 3PAMA backs FG’s commitment to affordable long-term industrial financingBy Yinka Kolawole The Pan African Manufacturers Association (PAMA) has welcomed the Federal Government’s commitments to improve energy supply, provide affordable long-term financing for industries, strengthen local procurement, secure industrial corridors and establish quarterly engagements with manufacturers. According to the association, these priorities align with its broader commitment to advancing industrialisation, strengthening regional value chains […] The post PAMA backs FG’s commitment to affordable long-term industrial financing appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 3Apple earnings beat expectations, but rising chip costs worry investorsBetter-than-expected results from Apple for the last quarter of the company’s fiscal year 2026 were overshadowed by rising memory chip costs and a forecast for slower services growth.EuroNews [en]
BusinessNov 3Procurement knowledge gap shuts small businesses out of FG contracts — MinisterBy Yinka Kolawole Many small businesses in Nigeria are missing out on Federal Government contracts due to inadequate knowledge of public procurement procedures, Minister of State for Industry, Senator John Enoh, has said. Enoh stated this in Abuja at the launch of the Micro, Small and Medium Enterprises (MSMEs) Public Procurement Training Programme and digital […] The post Procurement knowledge gap shuts small businesses out of FG contracts — Minister appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 3Offerpad outlines plan to exit Q2 2027 with positive adjusted EBITDA run rate amid higher mortgage ratesA company has outlined a plan to achieve a positive adjusted EBITDA run rate by Q2 2027. This plan is being pursued amidst an environment of higher mortgage rates.Seeking Alpha Tech
BusinessNov 3MAN convenes energy efficiency summit to boost manufacturingBy Yinka Kolawole The Manufacturers Association of Nigeria (MAN) is set to convene a two-day energy efficiency summit in Lagos to address high energy costs, improve industrial competitiveness and promote investment in alternative power solutions. Speaking in Lagos, MAN President, Dr. Ifeanyi Okoye, said the summit would bring together industry leaders, policymakers, regulators, technology providers […] The post MAN convenes energy efficiency summit to boost manufacturing appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 3WGC lowers outlook for gold investment demand growth as bar buying slows - ReutersWGC lowers outlook for gold investment demand growth as bar buying slows ReutersReuters World
BusinessNov 3Philips reports mixed Q3 results; reaffirms FY2026 outlookA company has reported mixed financial results for its third quarter and has reaffirmed its outlook for fiscal year 2026. This indicates an update on its current performance and future projections.Seeking Alpha Tech
BusinessNov 3Nvidia tells cloud clients to sell at least 51% of services to non-Chinese firms - FTA major technology company has reportedly instructed its cloud clients to sell over half of their services to non-Chinese firms. This indicates a significant policy change impacting international business operations.Seeking Alpha Tech
BusinessNov 3Asian equities mostly lower amid tech drag; RBA hikes cash rate to 4.85%Asian equity markets are mostly lower due to a downturn in the tech sector, while the Reserve Bank of Australia has increased its cash rate to 4.85%. This reflects current trends in regional financial markets and monetary policy.Seeking Alpha Tech
BusinessNov 3Great Wall Motor Company reports Q3 resultsGreat Wall Motor Company has reported its financial results for the third quarter. This provides an update on the company's recent performance.Seeking Alpha Tech
BusinessNov 3BioMarin anticipates $3.8B-$3.9B 2026 revenue while flagging $70M order deferralsBioMarin anticipates revenue between $3.8 billion and $3.9 billion for 2026, despite reporting $70 million in order deferrals. This financial outlook provides insight into the company's projected performance.Seeking Alpha Tech
BusinessNov 3FG disburses N75bn to 104 manufacturers, N65.8bn to MSMEsBy Yinka Kolawole The Federal Government has fully disbursed the N75 billion Manufacturing Sector Fund to 104 manufacturing businesses, while N65.8 billion has been disbursed to 15,018 micro, small and medium enterprises (MSMEs) to boost domestic production, expand businesses and create jobs. Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this in an […] The post FG disburses N75bn to 104 manufacturers, N65.8bn to MSMEs appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 3Vertex outlines $13.15B-$13.25B 2026 revenue guidance while adding $40M-$50M from CrineticsVertex has provided its 2026 revenue guidance, projecting between $13.15 billion and $13.25 billion, with an additional $40 million to $50 million expected from Crinetics. This outlines the company's financial outlook for the coming years.Seeking Alpha Tech
BusinessNov 3BUA Foods expands margin as profit rises to N450bnA leading Nigerian food manufacturing company, BUA Foods Plc, has recorded an increase in gross profit to N552.90 billion for the nine months ended 30 September 2026, compared with N520.65 billion in the corresponding period of 2025. Gross profit margin expanded significantly to 48.3%, from 36.7% in the prior-year period, reflecting improved cost efficiency and […] The post BUA Foods expands margin as profit rises to N450bn appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 3Harmonic forecasts $545M-$555M 2026 revenue while raising full-year EPS to $0.80-$0.84Harmonic has provided a financial forecast, projecting revenue between $545M-$555M for 2026 and increasing its full-year EPS to $0.80-$0.84. This update offers insight into the company's expected financial performance.Seeking Alpha Tech
BusinessNov 3Carl Icahn’s CVR Energy reportedly nears $4B deal to acquire Marathon refineriesCVR Energy, a company associated with Carl Icahn, is reportedly close to a $4 billion agreement to purchase Marathon refineries. This potential acquisition would signify a significant transaction in the energy industry.Seeking Alpha Tech
BusinessNov 3RBA hikes benchmark rate to 18-year high of 4.85% as inflation risks persistThe Reserve Bank of Australia has increased its benchmark interest rate to an 18-year high of 4.85% due to ongoing inflation risks. This move by the central bank aims to address persistent inflationary pressures in the economy.Seeking Alpha Tech
BusinessNov 3Reforms laid foundation for Nigeria’s sugar self-sufficiency — NSDC BossThe Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has said the bold, macroeconomic reforms put in place by President Bola Ahmed Tinubu have made local sugar production attractive and cleared the pathway for the country to achieve self-sufficiency.    Bakrin was speaking as a panelist at the 32nd Nigerian Economic […] The post Reforms laid foundation for Nigeria’s sugar self-sufficiency — NSDC Boss appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 3Dollar to Naira exchange rate today, November 3, 2026The naira traded at approximately ₦1,347.44 per dollar at the Nigerian Foreign Exchange Market (NFEM), while the US dollar sold for about ₦1,395 in the parallel market on Tuesday, November 3, 2026. The post Dollar to Naira exchange rate today, November 3, 2026 appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 3Currency outside banks rises 104% in 3 yrs — CBN•Demand deposits climb 71% •Analysts highlight cash  dependence, financial inclusion challenges By Peter Egwuatu Currency held outside the banking system by Nigerians rose by 103.8 per cent to N4.923 trillion in September 2026 from N2.416 trillion in September 2023, highlighting the persistent demand for physical cash despite the expansion of electronic payment channels in the […] The post Currency outside banks rises 104% in 3 yrs — CBN appeared first on Vanguard News.Vanguard Nigeria
BusinessNov 3NUPRC urges investors on 2026 licensing roundShe urged prospective investors to explore opportunities in the 2026 Licensing Round, which offers 40 oil and gas blocks. The post NUPRC urges investors on 2026 licensing round appeared first on Premium Times Nigeria.Premium Times
BusinessNov 3Grifols S.A. reports Q3 results; says on track to meet its 2026 guidanceGrifols S.A. has reported its third-quarter financial results and stated it is on track to achieve its guidance for 2026. This indicates the company's current financial performance and future outlook.Seeking Alpha Tech
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