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Home Business News

And Here’s A Recap Of This Week’s Trending Stories

Editor by Editor
March 5, 2016
in Business News
And Here’s A Recap Of This Week’s Trending Stories
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Opinion: Federal Republic Of Dangote:
For a couple of years now, I have been the Chairman and sole member of the Alhaji Putin Haters Club (APHC). I am now tired.

2015 Result: Why You Should Be Concerned If You Are Long On Dangote Cement:
Dangote Cement, Nigeria’s largest company by market value just reported sterling results for year-end 2015, but look underneath the numbers and there are some troubling signs, investors should be aware of.


Here Is Why You Might Want To Buy That Second-Hand Vehicle Now
:
The difficulty to access forex has taken a toll on businesses across the country and the latest association to be hit by the Central Bank’s policies is the second-hand vehicles association in the Country.

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Russian Example Reveals What Could Happen To The Naira If We Float:
By this time last year, the Russian currency was in a tailspin. Its foreign reserves dropped by a massive 26% from $510 billion in January 2014 to $376 billion within a year spending a massive $134 billion defending its currency.

Beware Of Buhari’s Statist Policies , It’s Already Hurting You!:
The indomitable Margaret Thatcher, erstwhile Prime Minister of Great Britain was once said to have quipped that “The problem with socialism is that you eventually run out of other people’s money.”

BOOM: Dangote Cement Post 15% Increase In Earnings, N8 Per Share Dividend:
Dividend up 33% to ₦8.0 per share; price reduction drives strong Q4 recovery in Nigerian market; strong performances in all new territories prove success of expansion plan; strong cash generation funds capex and dividend, reduces net debt to 0.78x EBITDA

How Nigeria Moved From Subsidy Financing To Profit Making In Less Than 6 Months:
Perhaps for the first time, Nigeria now makes some profit from a litre of Premium Motor Spirit (PMS) or fuel. It was N14.28 last Monday, which is a huge departure to from a few months ago when the Federal Government paid the same amount to petroleum products marketers.

2015 FY Result: How Dangote Cement Nailed This Year’s Profits:
Undoubtedly Africa’s richest man Aliko Dangote is an astute businessman who invests in areas of the economy that enjoys tremendous tax holidays.

Nigeria’s Failing Power Sector Can Be Saved By These Steps (Part 1):
A heat wave has swept through Lagos recently, which is usual for this time of the year.

This South African Company Is Exiting Nigeria Due To The Currency Crisis:
South African Company, Clover Industries (Clover) has announced that it will no longer invest in Nigeria due to the financial crisis caused by the fallen oil price.

Tags: Aliko DangotePower Sector
Editor

Editor

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