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Access, Union Bank not Efficient as Return on Equity Lags Costs

A number of Nigerian banks are not economically efficient, as their returns on equity aren’t keeping pace with costs. Specifically, Access Bank and Union Bank...

Nigerians Endure 6-years of Economic Pain

It’s been a long 6-years for long suffering Nigerians who have seen it all in the form of rising inflation, two recessions and an...

Nigeria Insurers Claims Expense Hit N133.04 billion

The largest listed insurers in Nigeria are paying out more money in claims than they are receiving from premiums as they are exposed to...

Banks Hooked on Non-Core Lending Income Despite CBN Push

Nigerian banks are still largely reliant on income from investment securities, and other non-core banking functions to boost revenues and juice earnings, never mind...

Bad Policies Explain Poor Growth 5-years into Buhari’s Tenure

In 2008, the global economic recession destroyed demand for energy and toppled crude from its all-time high above $147 a barrel in July 2008 to a...

Cement Prices Can Crash to N2,200 Per Bag – BUA Chairman

The price cement in Nigeria currently hovering at about N3,500 per bag can fall by some 40 percent to N2,200 if there is an...

Lackluster PENCOM Leadership Fritters Nigeria’s Pension Reform Gains

Kehinde Akintola (real name) worked for 12 years with a Lagos based business media company that consistently failed to remit Pensions to his pension...

Much of Nigeria Can’t Access BOI Project Intervention Funds

Two recessions over a five-year period has left a lot of Nigerian businesses needing unprecedented government support which has allowed more struggling companies to...

This Nigeria Yield Curve Trend Seen Holding Steady, Despite Inflation

Nigeria’s yield curve is set to marginally steepen this year, with real yields remaining firmly in negative territory, despite gradually growing inflation expectations. “We forecast...

Nigerian Cement Manufacturers Have World’s Highest Profit Margins

Cement manufacturers in Nigeria are an anomaly with regards to profitability, compared to most other established global producers of the centuries old building material,...

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