• Thursday, April 25, 2024
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Chart of the day ROE of Nigerias downstream oil firms

Chart of the day ROE of Nigerias downstream oil firms

Totalenergies, Eterna and Conoil both have rising Returns on Equity (ROE), demonstrating their ability for creating shareholder value through the reinvestment of capital in profitable assets that boost productivity and earnings.

ROE examines the company’s bottom line to determine its overall profitability for its owners and investors