Foreign-owned companies listed on the Nigerian Exchange are on track to slow down their capital investments in Nigeria, as data tracked by BusinessDay indicates a decline in capital returns.
Return on Capital Employed (ROCE) showed a mixed performance across these companies, with both gains and d
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
