Brands
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FBNH: When the Profit Engine is Obsolete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 …
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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…
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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…
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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…
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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…
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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…
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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,…
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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…
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Cadbury Intercompany Loan Conversion – Capital Rebalancing or FX Response?
Shareholders of Cadbury Nigeria Plc have approved the conversion of an outstanding intercompany loan totaling $7.718 million (₦7,036 billion) owed…
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Cadbury Nigeria shareholders approve conversion of intercompany loan of $7.718 million into equity
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