Nestlé Nigeria grows after tax profit by 43.5%, proposes N20 interim dividend
Adesola Afolabi
October 31, 2018
Nestlé Nigeria Plc. has announced a 43.5 percent profit after tax (PAT) increase in its financial results for 9 months period ending
Elevated sell pressure on Nigerian stocks puts a stopper to 3-days bull’s run as index drops 0.1%
Adesola AfolabiOctober 31, 2018
Nigeria’s equities market Tuesday halted a three-day bullish run which began last Thursday as elevated sell pressures impacted market
Equities market to trade upbeat this week on expected bargain hunting as ASI improve 0.2% W-o-W
Adesola AfolabiOctober 30, 2018
Expectations from market analysts on trading activities by investors this week remain upbeat as bargain hunting on strong corporate
Kachikwu establishes R&D Council for local content
Bukola OdufadeOctober 23, 2018
Emmanuel Kachikwu, minister of state for petroleum resources has launched the Nigerian Content Research and Development Council
UBA, GTB, Zenith Banks’ loans drop 11.3% in one year amidst 9% rise in deposits
Adesola AfolabiOctober 22, 2018
Loans in Nigeria’s three tier-1 banks, United Bank for Africa (UBA), Guaranty Trust Bank (GTB) and Zenith Bank declined 11.3 percent
Balance of payment vulnerable to shocks as CBN spends $4.2bn in 6 months on FX marketof
Adesola AfolabiOctober 22, 2018
The $4.2 billion of the country’s foreign exchange (FX) reserves spent by the Central Bank of Nigeria (CBN) on the foreign
Africapitalism, financial inclusion, and the informal sector
Nicholas AlloOctober 22, 2018
During a previous trip into Lagos, I received a call from an Original Equipment Manufacturer (OEM) representative for Nigeria. This
Nigeria lowers 2019 spending plan to N8.6trn as 2018 revenue target fails to meet expectations
Shalom AnthonyOctober 18, 2018
The Nigerian government has been forced to lower its budget estimates for 2019 following the less than expected revenues in the
Nigeria’s Zenith Bank grows profit by 12% to N144bn with an EPS growth of 16%
Afolabi OluwaseunOctober 18, 2018
Zenith Bank Nigeria Plc., Thursday published its September 2018 results with the bank declaring profit growth of 12 percent
Drought may cause 15% early dairy culling in Australia
Businessam StaffOctober 18, 2018
A in Australia could force dairy farmers in South Australia to cull up to 15 percent of their herds, according to John Hunt, president