Is inflation actually declining in Nigeria?
In Nigeria, while many states are suffering significant inflationary rates, other states have relatively benign inflation rates.
GlaxoSmithKline in big trouble as losses mount
The results were less than impressive with several key indicators showing a year-on-year decline.
NB Plc’s share price and dividends keeping shareholders happy
It was not all hunky-dory for the company as its cost of sales jumped from N48.3 billion in Q1 2020...
Ecobank: Pan African challenges weigh in on the company’s results
The group, through its Nigerian subsidiary, continued to take a hit resulting from its 2011 acquisition of Oceanic Bank.
Analysis: Sterling Bank, foreign exchange to the rescue
The bank’s foreign exchange trading income includes gains and losses from spot and forward contracts and other currency derivatives.
How well are the investments in GTBank’s subsidiaries paying off?
The bank would have expected to generate better returns on investment on the N56.9 billion invested in subsidiaries.
Raysun takeover of Champion Breweries is only a matter of time
Raysun's further increased ownership of Champion Breweries is suggestive of a leverage to launch a takeover bid.
Despite the challenges, UBA is staying the course on its African expansion
Despite efforts to increase its footprints across Africa, the performance of UBA Nigeria continues to dominate group performance.
Dangote Sugar, sweet in more ways than one
Significant growth in gross revenue was driven largely by sale to Nigerian Bottling Company Limited and Seven-Up Bottling Company Limited.
Secret behind MTN’s blistering performance
Despite COVID-19 disruptions, MTN Nigeria’s 2020 financials showed marked improvements compared to its 2019-year-end.
