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Winners Emerge from Buhari’s Economic Nationalism

Nigeria’s President Muhammadu Buhari’s economic nationalism is paying off for some companies with winners emerging in the domestic manufacturing sector. Since coming into office some...

Calm Down, Infrastructure in Lagos is a Mess

Lagos today has become somewhat hellish with too many infrastructure and security problems to contend with while those in governance play politics with practically...

Northern Nigeria Flour Mill Records First Profit in Six Years on Border Closure

Northern Nigeria Flour Mills (NNFM) Plc has recorded its first profit in six years overcoming the headwinds caused by weak consumer spending, foreign exchange...

MTN Nigeria, Glo, Airtel GSM Licenses to Expire in 2 Years

Mobile Telephone providers operating in the country such as MTN Nigeria, Airtel and Globacom Limited will have their operating licenses expire within the next...

Nigeria Pension Funds Reallocate Assets as Entire Yield Curve Falls Below Inflation

Nigeria Pension Funds boosted holdings of longer dated Federal Government of Nigeria (FGN) bonds as the entire yield curve fell below inflation. In finance, the...

Nigerian Insurers Suffer Poor Valuations Relative to Peers – Afrinvest

Nigerian listed insurers suffer poor valuations relative to peers in Sub Saharan African (SSA), which validates investor apathy towards stocks as return on investment...

Goldlink Insurance Auditors say Material Uncertainty Jeopardizes Insurers’ Future

KPMG professional Services, a global accounting and  firm,  have said there is material uncertainty that may cast a doubt over Godlink Insurance Plc ability...

Africa Alliance Insurance turns Profit on Investment in Bonds

After many years of recurring losses, Africa Alliance Insurance Plc has returned to the path of profitability, thanks to investment in government securities that...

Nigerian Investors Left Behind in Global Retail Stock Trading Boom

Nigerian investors have not participated in a boom in retail stock trading fueled by zero-fee trading apps like Robinhood that have simplified day-trading. Data from...

Nigeria’s Crushing Debt Burden To China Edging Closer To Zambia’s Quagmire

Nigeria’s voracious appetite for loans/ debt financing particularly external borrowing from China in recent times has been condemned by many in various quarters as...

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