Twenty Nigerian listed firms made less cash from their core business activities in the first three months of 2024, an analysis by BusinessDay reveals.
The firms’ latest financial statements show that they posted a combined negative net cash of N476 billion in Q1.
The companies that recorded
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
