ANALYSIS

Following recent attacks by gunmen in the South – East, motorists have expressed mixed reactions over the sudden disappearance of security personnel on major highways in the region. Some of the respondents who spoke with the News Agency of Nigeria (NAN) in a survey, said it was dangerous for motorists...

    The year 2020 will remain indelible in the annals of history due to the impact of the COVID-19 pandemic on the world. The pandemic brought the world into exceptionally difficult and largely uncharted waters. In no time, the whole world came to a standstill with lockdowns, global recession,...

  By Kevin Okunzuwa, News Agency of Nigeria (NAN) Prior to the Edo governorship election  on Sept. 19, the Independent National Electoral Commission (INEC) had, at several fora, assured the Edo citizens and Nigerians of its readiness to conduct a free, fair and credible election. In one of such occassions...

  Nigeria steadily matching towards COVID-19-induced recession as GDP contracted 6.10% Q2 By Wole Tokede There are concerns that with the contraction of 6.10 per cent in GDP in the second quarter of 2020, the Nigerian economy is steadily matching towards another recession in four years, to thanks to COVID-19...

Nigerian Breweries Plc’s first half unaudited result for 2020, published on The Nigerian Stock Exchange (NSE) last week shows earning per share (EPS) decline of 57.3 per cent year-on-year. For the three months ended June (Q2), EPS declined 98.4 per cent year-on-year. EPS was impacted by lower revenue, weaker margins...

Cadbury Nigeria Plc on Thursday released its half-year report for 2020., indicating that it recorded 18 per cent decline in its turnover or N3.538 billion as it made N15.917 billion in the review period as against N19.455 billion in the corresponding period of 2019. The company recorded Profit Before Income...

  The Profit after Tax (PAT) of First City Monument Bank (FCMB) Plc rose by 18 per cent for the financial year ended 31 December, 2019.The improved profit rode on the back of improvement in its gross earnings for the year. The detailed financial performance was contained in its Unaudited...

Guinness Nigeria Plc, a leading beverage and alcohol Company in Nigeria and a subsidiary of Diageo Plc, today announced its unaudited results for its first half year period ended 31st December 2019. The results which were released to the Nigerian Stock Exchange (NSE), showed that its operating profit declined by...

  Stanbic IBTC Holdings Plc recorded a marginal growth of 0.80 per cent for 2019 as it declared after-tax profit of N75.035 billion for full year 2019, compared to the N74.440 billion recorded in the same period of 2018. The bank recorded Gross Earnings of N233.808 billion in the review...

    An analysis by Chinyere Joel-Nwokeoma (NAN) With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed, turning out to be yet another locust...