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Drug Makers Use Fixed Assets to Generate Higher Sales Amid Deteriorating Profit
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The largest drug makers in Africa’s most populous nation have used their fixed assets in generating higher profit even amid deteriorating profit margin as...
Panic in Banks as CBN Sends Special Examiners Over N20trn Owner Related Loans
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…as Cardoso refuses to be compromised
DOZIE IFEBI
Major Nigerian banks are in a state of panic as the new Central Bank of Nigeria (CBN) Governor...
IEI’s Accounting Shenanigan Mislead Investors
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The management and board of directors of International Energy Insurance Plc (IEI) have to explain to investors and the regulatory authorities about some accounting...
BUA Foods vs Dangote Sugar: Which is a Better Investment?
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BUA Foods Plc and Dangote Sugar Plc are two of the largest consumer goods firms in Nigeria known for their innovative products and customer...
CDS Musa Orders Probe As Four Senior Officers, 12 Soldiers Killed In Delta
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The Chief of Defence Staff, Christopher Musa, has ordered a probe into the tragic killing of four senior officers and 12 soldiers in Delta...
Nigeria Economy Gets Boost as Oil Output closes on 1.5 million Bpd
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Nigerian economy is set to improve as oil production, besieged by rampant incessant theft and sabotage, hit its highest in more than three years...
Nigeria February Inflation Soars to 31.7% as Food Prices Spike
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Nigeria’s inflation as measured by the consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to...
Borrowing Binge Pushes Nigerian Corporate Debt Over N7trn
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The total debt on the books of Nigeria’s listed companies who had restructured their repayment plans in anticipation of rising interest rates surged to...
Dollar Value of Nigerian Pension Assets Falls to $14.39bn
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While Pension assets in Nigeria have been growing in local currency (naira) terms, the dollar value of those assets slumped by 29.4% to $14.39...
Nigerian Banks Remain Money Spinners Amid Cheap Valuation
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In the last sixteen years, Nigerians big banks have been making money for their shareholders more than any other sectors on the stock exchange...