Brands
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Access Bank: Proving The Bookmakers Wrong, Leveraging on Acquisition
To some observers, the spate of big, bold acquisitions embarked upon by Access Bank in the last few years was…
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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…
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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…
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FBNH: When the Profit Engine is Obsolete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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