Brands
-
Fresh Troubles rock First Bank’s board
There is no respite yet in First Bank of Nigeria as another round of squabbles is currently rocking its board…
Read More » -
GTBANK loses commercial bank status after Bank of Uganda downgrade
The Bank of Uganda (BoU), Uganda’s apex bank, has downgraded Guaranty Trust Bank (GTBank) from a Tier I commercial bank…
Read More » -
FBNH: When the Profit Engine is Obsolete
Despite the supersonic jump in its profit in 2023 financial year,FBNH only translates to less than N20 every N100 revenue …
Read More » -
Dangote Sugar Refinery Plc FY 2023 Result: A Walk on Troubled Waters
According to the United States Department of Agriculture, global sugar production increased to 183.46mmt (million metric tons) in 2023 from…
Read More » -
Dangote Cement FY 2023: Net Sales Rises 36.6%, Despite Tough Business Environment
Nigeria’s cement companies are going through a rough patch despite rising market product prices. Rising input and logistics costs and…
Read More » -
MTN Nigeria FY 2023 Result: FX Losses Hurt Bottom Line as PAT Drops 138.09%
Nigerian Telcos had a harsh year in 2023, and the pain continues into 2024. The problem was less a matter…
Read More » -
Lafarge Africa Plc FY 2023 Results: PBT Grows by 15.33% Despite FX Revaluation Loss
Lafarge Africa Plc FY 2023 Results: PBT Grows by 15.33% Despite FX Revaluation Loss The global cement business will remain…
Read More » -
AMCON: A Time to Say Goodbye
Setting the Context The Asset Management Company of Nigeria (Amendment) Act, 2021, is like a lovely French souffle, crusty on the outside…
Read More » -
AB InBev’s International Breweries has been a value destructor
Messrs. David Tomlinson, Carlos Coutino, and Cherian Kurien have their work cut out for them. Recently appointed as Finance Director,…
Read More » -
Nigeria Breweries records N106 billion loss, CEO says consumers no longer able to afford Goldberg
The CEO of Nigerian Breweries, Hans Essaadi has lamented that Nigerian consumers of its Goldberg brand can no longer afford…
Read More »