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How finance costs dented cement makers’ 2022 margins
Due to supply chain interruptions caused by the Russian-Ukrainian war, the global inflation crisis became the order of the day, and central banks worldwide took a hawkish stance by raising…
Rising costs pressure palm oil makers’ profit in 2022
At first glance, it would be hard to see an immediate link between the Russia/Ukraine war or developments in Indonesia and palm oil makers in Africa’s biggest economy.
But Nigerian palm…
Airtel, MTN intensify data war
The history of telecommunication began with the use of smoke signals and drums in Africa, Asia, and the Americas. In the 1790s, the first fixed semaphore systems emerged in Europe. However,…
Conoil, Total, MRS shine in race to generate cash for operations
Keeping businesses afloat in Nigeria’s downstream sector has become extremely tough. A lot of companies have divested and the few existing ones have reduced their labour force to stay in…
10 best undervalued stocks with ‘Buy’ rating in 2023
The beginning of a new year is expected to be an ideal opportunity time for investors to evaluate the stock markets in a new light.
The Nigerian All Share Index ended 2022 strongly with a…