Highest paying dividend companies in Nigeria based on value – 2022
In the fiscal year of 2022, 71 publicly traded companies in Nigeria, spanning diverse sectors like banking, telecommunications, and consumer...
How forex losses have impacted Nigeria’s NGX industrial sector
Nigeria's economy and businesses face ongoing challenges stemming from exchange rate unification, Naira floatation, and fuel subsidy removal, impacting sectoral...
GTCO half year pre-tax profits jump 217% on the back of forex
GTCO reported its 2023 Half-year results showing pre-tax profits grew by 217.09% year on year, reaching N327.398 billion.
Stanbic IBTC Holdings Posts a remarkable 108% growth in pre-tax profit in H1
Stanbic IBTC reported its 2023 Half-year results showing pre-tax profits grew by 107.58% year on year, reaching N82.985 billion.
Full-Year 2023: Flour Mills Nigeria posts pre-tax profits of N39.78 billion amid foreign exchange losses and high interest expenses
Flour Mills Nigeria reported its 2023 full-year results showing pre-tax profit grew by 1.45% year on year, reaching N39.783 billion.
Analysis: Oil and gas stocks post massive returns after fuel subsidy removal
In the context of the effect on specific sectors, the oil and gas sector still recorded growth amidst the impact...
Fuel subsidies removal and exchange rate unification: How the Oil and Gas sector has fared
Just three months following the "subsidy has been removed" directive and the unification of the exchange rate, businesses, sectors, industries,...
Exchange rate unification and its impact on the consumer goods sector companies
Amidst exchange rate unification, major consumer goods companies, FMCGs, have reported significant net foreign exchange losses.
2023 Q2: Total Energies Plc reports 14.12% growth in pre-tax profits
Total Energies Marketing Nigeria Plc reported its 2023 second-quarter results showing pre-tax profits grew by 14.12% year on year, reaching...
Guinness: FX losses threatens future dividends
These are extraordinary times for Nigerians and by extension businesses who rely on them for survival as a going concern....
