Analysts Nairametrics, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Tue, 11 Apr 2023 18:55:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.2 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?w=32 Analysts Nairametrics, Author at Nairametrics 32 32 BUA Foods’ Strong Financial Results in 2022 demonstrate growth potential for shareholders https://nairametrics.com/2023/04/11/bua-foods-strong-financial-results-in-2022-demonstrate-growth-potential-for-shareholders/ https://nairametrics.com/2023/04/11/bua-foods-strong-financial-results-in-2022-demonstrate-growth-potential-for-shareholders/#respond Tue, 11 Apr 2023 05:51:12 +0000 https://nairametrics.com/?p=445347 BUA Foods PlcBUA Foods Delivered an impressive performance in 2022 amidst macro headwinds suggesting a positive outlook for Investors"

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]]> https://nairametrics.com/2023/04/11/bua-foods-strong-financial-results-in-2022-demonstrate-growth-potential-for-shareholders/feed/ 0 EXPLAINER: How to survive Stagflation in Nigeria https://nairametrics.com/2023/03/16/explainer-how-to-survive-stagflation-in-nigeria/ https://nairametrics.com/2023/03/16/explainer-how-to-survive-stagflation-in-nigeria/#respond Thu, 16 Mar 2023 06:43:40 +0000 https://nairametrics.com/?p=441165 Nigeria is facing a new wave of stagflation, this time businesses will be at the receiving end. Knowing how to navigate through this evil is essential to business survival.

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]]> https://nairametrics.com/2023/03/16/explainer-how-to-survive-stagflation-in-nigeria/feed/ 0 US Government adopts AMCON style to bail out customers of SVB and Signature Bank https://nairametrics.com/2023/03/13/us-government-adopts-amcon-style-to-bail-out-customers-of-svb-and-signature-bank/ https://nairametrics.com/2023/03/13/us-government-adopts-amcon-style-to-bail-out-customers-of-svb-and-signature-bank/#respond Mon, 13 Mar 2023 06:13:26 +0000 https://nairametrics.com/?p=440798 US Government adopts AMCON style to bail out customers of SVB and Signature BankThe United States Banking regulators have announced plans to backstop depositors with money at Silicon Valley Bank (SVB), which is seen as a critical step in avoiding a feared systemic panic triggered by the collapse of the tech-focused bank. Reports across social media already indicate most bank customers were planning to pull out their funds […]

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]]> https://nairametrics.com/2023/03/13/us-government-adopts-amcon-style-to-bail-out-customers-of-svb-and-signature-bank/feed/ 0 Explainer: How to interpret CBNs bank tenure limit for executive and non-executive directors https://nairametrics.com/2023/03/03/explainer-how-to-interpret-cbns-bank-tenure-limit-for-executive-and-non-executive-directors/ https://nairametrics.com/2023/03/03/explainer-how-to-interpret-cbns-bank-tenure-limit-for-executive-and-non-executive-directors/#respond Fri, 03 Mar 2023 16:58:57 +0000 https://nairametrics.com/?p=439400 CBN issues exposure draft on guidelines for contactless payments in NigeriaSince the announcement, we have received messages from our readers requesting an explainer of the tenure limit. This article is therefore aimed at explaining the tenure limit regulations issued by the central bank. 

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]]> https://nairametrics.com/2023/03/03/explainer-how-to-interpret-cbns-bank-tenure-limit-for-executive-and-non-executive-directors/feed/ 0 MTN Nigeria share price fail to ‘take-off’ despite record N2 trillion revenue https://nairametrics.com/2023/02/06/mtn-nigeria-share-price-fail-to-take-off-despite-record-n2-trillion-revenue/ https://nairametrics.com/2023/02/06/mtn-nigeria-share-price-fail-to-take-off-despite-record-n2-trillion-revenue/#comments Mon, 06 Feb 2023 09:33:50 +0000 https://nairametrics.com/?p=435083 MTN Nigeria completes allotment of incentive shares to qualified shareholders Investors appear to have shunned MTN's impressive N2 trillion revenue recorded in the financial year that ended in December 2022.

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]]> https://nairametrics.com/2023/02/06/mtn-nigeria-share-price-fail-to-take-off-despite-record-n2-trillion-revenue/feed/ 1 Geregu Power declares N20 billion dividend, share price soars 10% https://nairametrics.com/2023/01/31/geregu-power-becomes-first-to-release-audited-accounts-in-2023-share-price-soars-10/ https://nairametrics.com/2023/01/31/geregu-power-becomes-first-to-release-audited-accounts-in-2023-share-price-soars-10/#respond Tue, 31 Jan 2023 19:56:22 +0000 https://nairametrics.com/?p=434258 Companies need to list on the stock Exchange to sustain wealth- OtedolaGeregu Power Plc share price rose by a whopping 10% as its N8 dividend per share excited investors

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]]> https://nairametrics.com/2023/01/31/geregu-power-becomes-first-to-release-audited-accounts-in-2023-share-price-soars-10/feed/ 0 Microsoft reports profit of $16.4 billion, a 12.47% decline year on year https://nairametrics.com/2023/01/25/microsoft-reports-profit-of-16-4-billion-a-12-47-decline-year-on-year/ https://nairametrics.com/2023/01/25/microsoft-reports-profit-of-16-4-billion-a-12-47-decline-year-on-year/#respond Wed, 25 Jan 2023 15:29:56 +0000 https://nairametrics.com/?p=433211 Microsoft unleashes ChatGPT AI in Binge, Edge browser to challenge GoogleMicrosoft has released its FY 23 Q2 results that ended December 31, 2022, reporting a net income of $16.425 billion representing a 12.47% decline from the N18.765 billion reported same period in FY 22. 

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]]> https://nairametrics.com/2023/01/25/microsoft-reports-profit-of-16-4-billion-a-12-47-decline-year-on-year/feed/ 0 Access Holding Plc: An imminent share price surge is inevitable https://nairametrics.com/2023/01/24/access-holding-plc-an-imminent-share-price-surge-is-inevitable/ https://nairametrics.com/2023/01/24/access-holding-plc-an-imminent-share-price-surge-is-inevitable/#comments Tue, 24 Jan 2023 00:13:44 +0000 https://nairametrics.com/?p=432877 Bank of Zambia approves merger between Access Bank Zambia and African Banking Corporation ZambiaAccess Corp share price has been lagging behind its earnings and seems not to reflect its market valuation. But are things about to change?

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]]> https://nairametrics.com/2023/01/24/access-holding-plc-an-imminent-share-price-surge-is-inevitable/feed/ 2 Money supply in Nigeria crosses N50 trillion in October 2022 https://nairametrics.com/2022/11/21/money-supply-in-nigeria-crosses-n50-trillion-mark-in-october-2022/ https://nairametrics.com/2022/11/21/money-supply-in-nigeria-crosses-n50-trillion-mark-in-october-2022/#respond Mon, 21 Nov 2022 11:16:07 +0000 https://nairametrics.com/?p=423775 Data from the central bank of Nigeria reveals Money Supply otherwise termed M2 is now at a record high of N50.5 trillion as of October 2022.

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]]> https://nairametrics.com/2022/11/21/money-supply-in-nigeria-crosses-n50-trillion-mark-in-october-2022/feed/ 0 Does this data confirm CBN is to blame for increase in currency outside banks? https://nairametrics.com/2022/11/21/does-this-data-confirm-cbn-is-to-blame-for-increase-in-currency-outside-banks/ https://nairametrics.com/2022/11/21/does-this-data-confirm-cbn-is-to-blame-for-increase-in-currency-outside-banks/#comments Sun, 20 Nov 2022 23:30:29 +0000 https://nairametrics.com/?p=423621 CBN Gov. Godwin Emefiele and President BuhariThe total amount of currency outside of Nigerian banks rose by N1 trillion to a whopping N2.8 trillion as of October 2022

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]]> https://nairametrics.com/2022/11/21/does-this-data-confirm-cbn-is-to-blame-for-increase-in-currency-outside-banks/feed/ 1 Currency traders fear exchange rate may be heading to N1,000/$1 by year end https://nairametrics.com/2022/10/30/currency-traders-fear-exchange-rate-may-be-heading-to-n1000-1-by-year-end/ https://nairametrics.com/2022/10/30/currency-traders-fear-exchange-rate-may-be-heading-to-n1000-1-by-year-end/#comments Sun, 30 Oct 2022 12:58:12 +0000 https://nairametrics.com/?p=419253 The exchange rate between the naira and dollar on the black market is expected to hit N1000/$1 by the end of the year if demand continues to outpace supply

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]]> https://nairametrics.com/2022/10/30/currency-traders-fear-exchange-rate-may-be-heading-to-n1000-1-by-year-end/feed/ 1 GTB’s HabariPay reports N590 million profits in 9 months https://nairametrics.com/2022/10/30/gtbs-habaripay-reports-n590-million-profits-in-9-months/ https://nairametrics.com/2022/10/30/gtbs-habaripay-reports-n590-million-profits-in-9-months/#respond Sun, 30 Oct 2022 01:28:55 +0000 https://nairametrics.com/?p=419250 GTCO reports its Habari Pay subsidiary reported a profit before tax of N688.9 million in the first 9 months of 2022. Operating income for the period was stated at N907 million

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]]> https://nairametrics.com/2022/10/30/gtbs-habaripay-reports-n590-million-profits-in-9-months/feed/ 0 Access Bank offshore operations contribute 84% of group profits https://nairametrics.com/2022/10/30/access-bank-offshore-operations-contribute-84-of-group-profits/ https://nairametrics.com/2022/10/30/access-bank-offshore-operations-contribute-84-of-group-profits/#respond Sun, 30 Oct 2022 00:51:20 +0000 https://nairametrics.com/?p=419233 Access Bank offshore operations contributed N129 billion in pre-tax profits in the first 9 months of 2022

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]]> https://nairametrics.com/2022/10/30/access-bank-offshore-operations-contribute-84-of-group-profits/feed/ 0 FUGAZ pay N210.5 billion to AMCON for banking resolution cost https://nairametrics.com/2022/10/28/fugaz-pay-amcon-n210-5-billion-banking-resolution-cost-for-9-months-2022/ https://nairametrics.com/2022/10/28/fugaz-pay-amcon-n210-5-billion-banking-resolution-cost-for-9-months-2022/#respond Fri, 28 Oct 2022 16:33:17 +0000 https://nairametrics.com/?p=418477 AMCONNigeria's tier 1 banks, FBN Holdings, UBA, GTB, Access, and Zenith Bank also known collectively as FUGAZ, incurred a total cost of N210.5 billion to the Asset Management Corporation of Nigeria (AMCON) year to date September 30th 2022

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]]> https://nairametrics.com/2022/10/28/fugaz-pay-amcon-n210-5-billion-banking-resolution-cost-for-9-months-2022/feed/ 0 NGC post N139.2 billion revenue in 2021, spends N48.2 billion on staff cost https://nairametrics.com/2022/10/16/ngc-post-n139-2-billion-revenue-in-2021-spends-n48-2-billion-on-staff-cost/ https://nairametrics.com/2022/10/16/ngc-post-n139-2-billion-revenue-in-2021-spends-n48-2-billion-on-staff-cost/#respond Sun, 16 Oct 2022 13:06:58 +0000 https://nairametrics.com/?p=415834 The company's impressive revenue gain appears to have helped push salaries paid to employees from N5.4 billion to N17.6 billion up 225%.

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]]> https://nairametrics.com/2022/10/16/ngc-post-n139-2-billion-revenue-in-2021-spends-n48-2-billion-on-staff-cost/feed/ 0 How to make money from the CBN’s 15.5% interest rate hike https://nairametrics.com/2022/09/28/investment-opportunities-in-nigerias-high-interest-rate-environment-mpr-15-5/ https://nairametrics.com/2022/09/28/investment-opportunities-in-nigerias-high-interest-rate-environment-mpr-15-5/#comments Wed, 28 Sep 2022 06:11:47 +0000 https://nairametrics.com/?p=411978 Investment opportunities in a high-interest rate environment.

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]]> https://nairametrics.com/2022/09/28/investment-opportunities-in-nigerias-high-interest-rate-environment-mpr-15-5/feed/ 3 Nigeria’s Kuda Bank reportedly incurs N6 billion loss in 2021 https://nairametrics.com/2022/09/17/nigerias-kuda-bank-reportedly-incurs-n6-billion-loss-in-2021/ https://nairametrics.com/2022/09/17/nigerias-kuda-bank-reportedly-incurs-n6-billion-loss-in-2021/#comments Sat, 17 Sep 2022 13:37:20 +0000 https://nairametrics.com/?p=410093 Kuda Bank and its ‘free’ banking for the millennialNigerian Microfinance Bank Kuda Bank reported a loss of N6 billion more than 7x the N868 million loss it reported in 2020.

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]]> https://nairametrics.com/2022/09/17/nigerias-kuda-bank-reportedly-incurs-n6-billion-loss-in-2021/feed/ 3 Ardova Plc blames subsidiaries for N3.8 billion full year loss https://nairametrics.com/2022/07/07/ardova-plc-reports-n3-8-billion-loss-blames-subsidiaries-fy-2021-results/ https://nairametrics.com/2022/07/07/ardova-plc-reports-n3-8-billion-loss-blames-subsidiaries-fy-2021-results/#respond Thu, 07 Jul 2022 22:41:02 +0000 https://nairametrics.com/?p=398921 Oil and gas retail giant, Ardova Plc reported a loss of N3.8 billion for the year ended December 2021.

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]]> https://nairametrics.com/2022/07/07/ardova-plc-reports-n3-8-billion-loss-blames-subsidiaries-fy-2021-results/feed/ 0 Jumia stock gains 44% in one month as company records “fastest order and GMV growth rates” in over 2 years https://nairametrics.com/2022/06/09/jumia-stock-gains-44-in-one-month-as-company-records-fastest-order-and-gmv-growth-rates-in-over-2-years/ https://nairametrics.com/2022/06/09/jumia-stock-gains-44-in-one-month-as-company-records-fastest-order-and-gmv-growth-rates-in-over-2-years/#respond Thu, 09 Jun 2022 11:52:51 +0000 https://nairametrics.com/?p=393881 WEEKLY ROUNDUP: Jumia finally laid off 900 workers as Tizeti coincidentally began mass recruitmentDespite the gains, Jumia is still below the beloved Unicorn Status following the stock market rout that has ravaged tech stocks.

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]]> https://nairametrics.com/2022/06/09/jumia-stock-gains-44-in-one-month-as-company-records-fastest-order-and-gmv-growth-rates-in-over-2-years/feed/ 0 Top 10 cost every Nigerian business must incur https://nairametrics.com/2022/04/28/top-ten-cost-every-nigerian-business-must-incur/ https://nairametrics.com/2022/04/28/top-ten-cost-every-nigerian-business-must-incur/#respond Thu, 28 Apr 2022 13:16:01 +0000 http://ugometrics.com/?p=765 Top 10 cost every Nigerian business must incurNairametrics outlines the top ten costs every business in Nigeria is likely to incur in no particular order.

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