The total cost of raw materials used by five fast-moving consumer goods companies in Nigeria rose by 30 percent in...
18 Nigerian firms increased their liquidity by 77 percent in the first nine months of 2023 amid the uncertainties in...
Nigerian cement makers have recorded an increase in their profit after tax despite the country’s harsh operating environment. The cement...
Customers deposits in eleven Nigerian banks have surged by 55 percent in the first nine months of 2023. BusinessDay’s analysis...
The Nigerian banking sector is a dynamic and ever-evolving landscape. In 2023, several banks have distinguished themselves by witnessing impressive...
The total trade and other payables of nine fast-moving consumer goods firms in Nigeria rose by 23 percent in the...
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...