Nigeria lags behind African peers in exports
Nigeria, Africa’s largest economy, is lagging behind its peers on the continent as its struggles to ramp up exports.
Its total exports as a percentage of Gross Domestic Product in 2021…
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DangCem’s profit declines by 10% on FX pressures, higher energy cost
Dangote Cement (DangCem), the largest cement company by market capitalisation, has recorded a 10 percent decrease in its half-year (H1) 2022 profit, due to higher foreign exchange pressures…
How Nigeria can tame rising inflation in coming months
With Nigeria’s inflation racing to 19.6 percent, the highest in 16 years and 10 months, analysts have recommended quick-fix policies the government can put in place to curb the rising cost…
Four takeaways from MTN’s H1 financial result
MTN’s revenue increased by 20 percent in the first half (H1) of this year, with voice revenue accounting for the largest chunk of the earnings. This growth, however, slowed compared to last…
Nigeria’s T-bills yield worst among Kenya, Egypt, others
Nigeria’s Treasury bills has a negative rate of return, compared to some other top African economies with positive yields, BusinessDay analysis has shown.
Bismarck Rewane, CEO of…