POSTS BY: JON SNOW

Jon Snow

"Jon Snow" is a financial analyst and senior contributor at Nairametrics. His pinpoint fundamental analysis of some of Nigeria's largest companies provide our readers with an unbiased and balanced opinion helping them make sound investing decisions . Snow covers capital markets for Nairametrics and frequently provides commentary on topical economic issues.

Nigerian Banks Are Increasingly Worthless, Except On Paper

Nairametrics| Nigerian banks are worth more on papers these days.  The industry according to Nairametrics data, has a price...


2017 Outlook: Presco Plc Is Too Hot To Ignore

The oil palm producers have benefited immensely from government policies, which explain why Presco Nigeria Plc has been on...


Nigeria’s Economic Slump Has Cost These 33 Firms A Combined N137 billion in Losses

Companies typically suffer cash flow challenges in times of economic recession. Top line revenues take a hit, profits often...



How Buharinomics, CBN Policies Threw 1.7 million Nigerians Out Of Jobs

The menacing economic recession has thrown 1.7 million Nigerians out of the labour markets. According to a recent report...


Dollar Shortage Is Sales Boon For Flour Mills Nigeria

The dollar shortage hurting firms in Nigeria is ironically a boon for Flour Mills Nigeria plc. Sales in the country’s...


Xmas Sale: CBN Ask Banks To Submit Bid For Dollars On Behalf Of Their Customers

The central bank’s plans to clear the backlog of matured outstanding dollar obligation to select sectors of the economy...


Arik Air Union Strike Poses Severe Impact For The Economy

Arik Airlines may be in for a debacle as aviation staff launched an indefinite strike on Nigerian’s largest carrier...


Drug Stores In Nigeria Are Emptying As Dollar Scarcity Bites Hard

Consumer woes are mounting as price of drugs have risen astronomically on the back of dollar scarcity that has...


Nigeria’s Inflation Rate Tops 18.5% In November 2016

Nigeria’s inflation rate has accelerated for the 13th consecutive months as the economy of Africa’s most populous nation continues...


Nigeria Has “Cut” Its 2017 Growth Forecast To 2.5%

Nigeria has cut its growth forecasts to 2.5 percent in 2017 from an initial projection of  3.02 percent ,...