BUA Foods, Dangote Sugar Refinery and Nigerian Breweries have recorded the highest shareholders’ equity compared to their fast-moving consumer goods...
The devaluation of the Naira in June 2023 caused quite a shock in the Nigerian business environment with many companies...
Nigeria’s recent naira devaluation has taken a toll on consumer goods companies, with seven reporting significant losses per share, according...
Nigerian tier-1 banks raked in the sum of N102.96 billion as income from account maintenance charged on their customers during...
Beer makers have recorded significant retained earnings plunger in the first nine months of 2023, a development that is posing...
In a bid to gain market share, Bua Cement, Nigeria’s second-largest cement maker, is planning to disrupt the industry by...
Nigerian banks recorded 76 percent growth in investment securities in H1 2023 as dollar assets were revalued upward on the...
Lingering foreign exchange crisis, inflation, insecurity, high cost of operations coupled with uncertainty and fuel subsidy crisis have continued to...
Zenith, United Bank for Africa, FBN Holdings and seven other top firms have emerged on the top ten list of...
Nigerian banks are raking in income from electronic banking as the industry is increasingly reliant on emerging digital technologies to...
Five midsize Nigerian banks saw their combined profit jump by 87.1 percent in the first half of 2023 largely on...
Four of Nigeria’s biggest banks have reported a surge in profits in the first half of 2023, with their combined...
Despite double-digit inflation hinged on a challenging business environment, Dangote Cement, MTN Nigeria, and BUA Foods have earned their places...
Airtel and MTN are two of the largest telecommunications companies in Africa, and their rivalry is fierce. The two companies...
Many Nigerian companies braved the economic headwinds in the first half of 2023, with Fidelity Bank, Seplat Energy, TotalEnergies, and...