spot_img
spot_img
30.2 C
Lagos
Saturday, October 1, 2022
- Advertisement -spot_img

CATEGORY

Exclusive

Manufacturers Spend Way into Future as Cost of Production hits N2.89 trillion

Manufacturers in Africa’s largest economy face many challenges on different fronts, and little wonder captains of the industry have gained a few grey hairs...

NSE-30 profit up 1 percent to N1.51 trillion as economic recovery slows

Nigeria companies are not growing profit at a pace needed to deliver returns in the form of share appreciation and bumper dividend, which validates...

GTBank, Zenith Make More Profit per Employee Than Peers

Guaranty Trust Bank and Zenith Bank are the top lenders as measured by the profit-per-employee, or PPE, metric. That according to recent findings by MoneyCentral...

Unilever’s Poor Cost Management Throws Consumer Firm into Loss Position in Q1

Over the last one year, it has been relatively easy for companies to blame the ravaging health pandemic for their poor business performance. While...

Indian Refiners Shun Nigerian Crude as Demand Slumps on Virus

India’s largest oil refiner refrained from buying crude oil from West Africa, including Nigeria this week, defying expectations, amid a coronavirus induced slump in...

Nigerian Pension Assets Fall for Second Consecutive Month in Feb.

The total assets under management (AuM) by Nigerian Pension Funds fell for the second consecutive month in February 2021, according to the latest data...

National Executive Council Affirms Nigeria’s Unity, Debunks Claim on Printed Naira

Welcoming recommendations of a national townhall meeting on Enhanced Security and National Unity recently held in Kaduna, the National Economic Council (NEC) rose from...

Guinea Insurance Posts N227.67 million Loss on Rising Claims, Lower Revenue

Guinea Insurance Plc is reeling from receding revenue as rising claims and lower investment returns means a loss is inevitable for the insurer, raising...

Nigerian Firms Binge on Debt as Commercial Paper Issuance Soars

After tapping the bond market at a record shattering pace since the start of 2020, Corporate Nigeria is becoming dangerously drunk on debt. The total...

Nigerian States Heavy Dependence on FAAC Allocation Improved Modestly in 2020

Nigerian states were less dependent on Federation Account Allocation Committee (FAAC) allocation in 2020 as the contribution of FAAC to total revenue of all...

Latest news

- Advertisement -spot_img