The Citizen Analysis

The value of equities in the Nigerian Stock Exchange dropped by more than N3.7 trillion from the year’s peak of over N15 trillion in mid-January ...

MTN Nigeria Communications Plc ran its operations on the cost saving fast track for the second year in 2019, as management worked frantically to recover from the plunge into N80 billion loss in 2015. Management’s recovery ...

Revenue weakness of Zenith Bank Plc that showed up in 2018 failed to heal in 2019. Gross earnings had fallen by 17 percent in 2018 and managed to creep up by 5 percent to N662 billion in 2019. That remains 11 percent down ...

Developments in the economy are transmitting bad signals to the banking sector. The connection between crude oil price and bank earnings is big and the link has already begun to trigger another wave of credit losses in banks...

By The Editor The biggest threat to the 2020 federal government budget is rising debt with debt servicing expected to consume 29 percent of revenue. ...

By The Editor Dr. Ngozi Okonjo-Iweala’s impressive credentials in economic management have been aptly recognised by the Cyril Ramaphosa-led government of South Africa. Nigeria’s loss ...

By The Editor The chronicle of accidents and resulting deaths and destructions across the nation involving trucks belonging to Dangote Group of Companies have brought ...

The management of FBN Holding Plc made the biggest cut down in credit loss expenses in three years in 2019 and sustained profit recovery for ...

Nigeria’s equities market last week saw the biggest share price fall never witnessed since the global financial crisis in 2008. The market here joined global stock markets in pricing towards what looks very much ...

There is no headroom for further monetary policy treatment of Nigeria’s rising inflation, the Central Bank of Nigeria’s Monetary Policy Committee [MPC] declared at its last meeting in January 2020. In the same month, inflation climbed ...

By The Editor United Bank for Africa Plc [UBA] is expected to post one of the most improved corporate results for the 2019 operations. The ...

Guaranty Trust Bank is in the forefront of aggressive cost cutting drive of banks unable to grow revenue. Cost cutting has been the bank’s profit growth strategy since 2017 – when it lifted net profit a clear 27 percent from flat growth ...

Nigeria has unwittingly drifted to the region of a failed state but it hasn’t failed. Prof Andrew Nevin, Chief Economist at PricewaterhouseCoopers, has an explanation for this. The reason why Nigeria has not failed as a state is the ...

The fears earlier expressed by the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, that Nigeria risks relapsing into another economic recession are not yet over. He gave the hint that this time it wiuld be unemployment ...