Nigeria's consumer goods firms recorded a huge increase in operating profit which rose by 91.6 percent to N130.18 billion in the first half of 2022, up from N67.92 billion in the same period of 2021.
According to Investopedia, a company's operating profit is its total earnings from its core busin
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.