Capital expenditure by Nigeria’s largest firm’s fell 25 percent in 2016 as a raging recession and slumping company profits led businesses to hold tight on spending amid rising inflation and falling demand. Investment in property plants and equipment by the 30 largest listed firms on the Nigeria
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp