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Manufacturer’s Battle Rising Input Costs as Operating Expenses hit N2.19trn

Nigerian manufacturers are battling with mounting cost of production as they are spending more to produce each unit of products. For instance, the 22 largest...

Nigeria Fails to Benefit From Higher Oil Prices

 …as Exxon, Chevron report record profits Nigeria is failing to benefit from higher oil prices as oil firms (some of which) have major operations in...

Nigeria Economy Comes Full Circle to 1999

Twenty-three unbroken years into Nigeria’s democratic experiment, it’s looking like déjà vu all over again for Africa’s most populous nation as current economic realities begin...

CBN RT200 Rebate Spurs $2.4bn of Inflows From Non-oil Exports

Non-oil exporters have ramped up the repatriation of export proceeds through the investors and exporters (I&E) window of the foreign exchange market in response...

Eko, Ikeja are Most Profitable Discos as Sector Crippled by Debt 

Eko Electrical Distribution Company (Disco) and Ikeja Disco are the most profitable and viable power firms in Nigeria, in an industry where the majority...

Leadway, AIICO, Consolidated Hallmark, Solvency Ratios Remain Strong

The five largest insurers in Africa’s most populous nation continue to be well capitalised relative to risk taken as their solvency ratios are in...

Dangote Refinery Can Triple FG Revenues From Crude Sales

Analysts at Chapel Hill Denham say domestic oil revenue can grow three-fold if the government sells domestic crude oil to Dangote refinery instead of...

Only African Alliance, AIICO, AXA Mansard Meet Insurance Recapitalization Requirements

Only African Alliance Insurance Plc, AIICO Insurance Plc, and AXA Mansard Insurance Plc, out of the 16 companies listed on the NGX Insurance index...

The Lagos Visionscape Garbage Scandal and Attempts at a Cover-up

By PATRICK ATUANYA It is perhaps a scandal that Lagos taxpayers are still paying for the misadventure called Visionscape some four years after the controversial...

Nigerian Stocks in Bull Run That Defies Global Slump

As gloomy as the global headlines have been, they have yet to enact any appreciable harm Nigerian stocks or the NGX All-Share Index (ASI) 30...

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