Blurb Archives - Nairametrics https://nairametrics.com/category/opinion-editorials/blurb/ Destination for Business news and analysis from Africa's largest economy Fri, 14 Jun 2024 10:37:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Blurb Archives - Nairametrics https://nairametrics.com/category/opinion-editorials/blurb/ 32 32 201037849 Transcorp Vs. UAC Nigeria – Who navigated better in 2023? https://nairametrics.com/2024/06/14/transcorp-vs-uac-nigeria-who-navigated-better-in-2023/ https://nairametrics.com/2024/06/14/transcorp-vs-uac-nigeria-who-navigated-better-in-2023/#respond Fri, 14 Jun 2024 09:23:11 +0000 https://nairametrics.com/?p=491245 Amid these turbulent economic conditions, Nigerian conglomerates have showcased resilience and adaptability.

The post Transcorp Vs. UAC Nigeria – Who navigated better in 2023? appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/06/14/transcorp-vs-uac-nigeria-who-navigated-better-in-2023/feed/ 0 491245
Why Nigeria’s record trade surplus is a justification for a weaker naira https://nairametrics.com/2024/06/13/why-nigerias-record-trade-surplus-is-a-justification-for-a-weaker-naira/ https://nairametrics.com/2024/06/13/why-nigerias-record-trade-surplus-is-a-justification-for-a-weaker-naira/#comments Thu, 13 Jun 2024 04:44:53 +0000 https://nairametrics.com/?p=491151 Advocates of weaker currencies, love to sing the praises of a floundering local currency.

The post Why Nigeria’s record trade surplus is a justification for a weaker naira appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/06/13/why-nigerias-record-trade-surplus-is-a-justification-for-a-weaker-naira/feed/ 1 491151
Mansard’s 704% profit surge masks core operational concerns https://nairametrics.com/2024/06/06/mansards-704-profit-surge-masks-core-operational-concerns/ https://nairametrics.com/2024/06/06/mansards-704-profit-surge-masks-core-operational-concerns/#respond Thu, 06 Jun 2024 06:07:38 +0000 https://nairametrics.com/?p=490707 Mansard's recent Q1 2024 earnings report has captivated attention and applause. With an astounding 704% surge in pre-tax profits, the company seems poised for outstanding performance in 2024.

The post Mansard’s 704% profit surge masks core operational concerns appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/06/06/mansards-704-profit-surge-masks-core-operational-concerns/feed/ 0 490707
Analysis: Why fixing Nigeria’s low minimum wage is as important as containing high inflation  https://nairametrics.com/2024/06/04/analysis-why-fixing-nigerias-low-minimum-wage-is-as-important-as-containing-high-inflation/ https://nairametrics.com/2024/06/04/analysis-why-fixing-nigerias-low-minimum-wage-is-as-important-as-containing-high-inflation/#respond Tue, 04 Jun 2024 08:08:22 +0000 https://nairametrics.com/?p=490570 On Monday, June 3, 2024, the Nigerian Labour Congress (NLC) will be embarking on a Nationwide strike.

The post Analysis: Why fixing Nigeria’s low minimum wage is as important as containing high inflation  appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/06/04/analysis-why-fixing-nigerias-low-minimum-wage-is-as-important-as-containing-high-inflation/feed/ 0 490570
Unlike Emefiele, Heritage Bank closure shows Cardoso’s CBN is willing to let banks fail  https://nairametrics.com/2024/06/04/unlike-emefiele-heritage-bank-closure-shows-cardosos-cbn-is-willing-to-let-banks-fail-2/ https://nairametrics.com/2024/06/04/unlike-emefiele-heritage-bank-closure-shows-cardosos-cbn-is-willing-to-let-banks-fail-2/#comments Tue, 04 Jun 2024 05:23:22 +0000 https://nairametrics.com/?p=490556 In a surprise move, the Central Bank of Nigeria (CBN) announced it has revoked Heritage Bank's operating license, effectively closing the institution and placing depositors at the mercy of the Nigeria Deposit Insurance Corporation (NDIC).  

The post Unlike Emefiele, Heritage Bank closure shows Cardoso’s CBN is willing to let banks fail  appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/06/04/unlike-emefiele-heritage-bank-closure-shows-cardosos-cbn-is-willing-to-let-banks-fail-2/feed/ 1 490556
From emperor to puppet: Proposed CBN Amendment threatens CBN’s independence  https://nairametrics.com/2024/05/31/from-emperor-to-puppet-proposed-cbn-amendment-threatens-cbns-independence/ https://nairametrics.com/2024/05/31/from-emperor-to-puppet-proposed-cbn-amendment-threatens-cbns-independence/#comments Fri, 31 May 2024 05:21:42 +0000 https://nairametrics.com/?p=490314 In the evolving landscape of global finance, the independence of central banks is sacrosanct, forming the cornerstone upon which monetary stability rests.

The post From emperor to puppet: Proposed CBN Amendment threatens CBN’s independence  appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/31/from-emperor-to-puppet-proposed-cbn-amendment-threatens-cbns-independence/feed/ 1 490314
Bank stocks face another bearish week as spate of right issues take its toll https://nairametrics.com/2024/05/27/nigerian-banking-stocks-how-low-can-they-go/ https://nairametrics.com/2024/05/27/nigerian-banking-stocks-how-low-can-they-go/#respond Mon, 27 May 2024 07:49:22 +0000 https://nairametrics.com/?p=489971 Nigerian banks appear poised for another round of losses as investors continue to weigh their options regarding the impending bank recapitalization plans. 

The post Bank stocks face another bearish week as spate of right issues take its toll appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/27/nigerian-banking-stocks-how-low-can-they-go/feed/ 0 489971
Why pension index stocks are under-performing https://nairametrics.com/2024/05/22/why-pension-index-stocks-are-under-performing/ https://nairametrics.com/2024/05/22/why-pension-index-stocks-are-under-performing/#respond Wed, 22 May 2024 05:53:47 +0000 https://nairametrics.com/?p=489588 The NGX Pension Index is designed to measure the performance of the top 40 companies on the Nigerian Exchange (NGX) in terms of market capitalization and liquidity. 

The post Why pension index stocks are under-performing appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/22/why-pension-index-stocks-are-under-performing/feed/ 0 489588
Analysis: Why CBN’s interest rate hikes may not bring down inflation  https://nairametrics.com/2024/05/21/analysis-why-cbns-interest-rate-hikes-may-not-bring-down-inflation/ https://nairametrics.com/2024/05/21/analysis-why-cbns-interest-rate-hikes-may-not-bring-down-inflation/#comments Tue, 21 May 2024 05:56:19 +0000 https://nairametrics.com/?p=489502 Nigeria’s central bank monetary policy committee will announce to the world on Tuesday, May 21, 2024, whether they will continue with their hawkish monetary policy of raising rates or shock everyone by leaving it untouched. 

The post Analysis: Why CBN’s interest rate hikes may not bring down inflation  appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/21/analysis-why-cbns-interest-rate-hikes-may-not-bring-down-inflation/feed/ 3 489502
Guinness, International Breweries, vs. Nigerian Breweries – Who Suffered the Most in 2023?  https://nairametrics.com/2024/05/20/guinness-international-breweries-vs-nigerian-breweries-who-suffered-the-most-in-2023/ https://nairametrics.com/2024/05/20/guinness-international-breweries-vs-nigerian-breweries-who-suffered-the-most-in-2023/#respond Mon, 20 May 2024 05:39:13 +0000 https://nairametrics.com/?p=489406 Nigerian Brewer/Distiller companies have been significantly impacted by macroeconomic challenges; the devaluation of the Naira and rising inflation and interest rates. 

The post Guinness, International Breweries, vs. Nigerian Breweries – Who Suffered the Most in 2023?  appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/20/guinness-international-breweries-vs-nigerian-breweries-who-suffered-the-most-in-2023/feed/ 0 489406
Analysis: Has Nigeria’s exchange rate hit “Price Discovery”? https://nairametrics.com/2024/05/19/analysis-has-nigerias-exchange-rate-hit-price-discovery/ https://nairametrics.com/2024/05/19/analysis-has-nigerias-exchange-rate-hit-price-discovery/#respond Sun, 19 May 2024 11:27:26 +0000 https://nairametrics.com/?p=489378 Two weeks of data from the FMDQ NAFEX closing rate suggest a new pattern is evolving with Nigeria’s exchange rate as Nigerians grapple with local currency depreciation.

The post Analysis: Has Nigeria’s exchange rate hit “Price Discovery”? appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/19/analysis-has-nigerias-exchange-rate-hit-price-discovery/feed/ 0 489378
Analysis: Bosun Tijani’s high-stakes bet on a 90,000km Fibre Optic SPV https://nairametrics.com/2024/05/17/analysis-bosun-tijanis-high-stakes-bet-on-a-90000km-fibre-optic-spv/ https://nairametrics.com/2024/05/17/analysis-bosun-tijanis-high-stakes-bet-on-a-90000km-fibre-optic-spv/#respond Fri, 17 May 2024 07:49:02 +0000 https://nairametrics.com/?p=489210 As Nigeria embarks on this transformative journey, the global digital economy will not wait for stragglers.

The post Analysis: Bosun Tijani’s high-stakes bet on a 90,000km Fibre Optic SPV appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/17/analysis-bosun-tijanis-high-stakes-bet-on-a-90000km-fibre-optic-spv/feed/ 0 489210
Okomu Oil Vs. Presco Oil: Data shows one company outdid the other in 2023 https://nairametrics.com/2024/05/16/okomu-oil-vs-presco-oil-data-shows-one-company-outdid-the-other-in-2023/ https://nairametrics.com/2024/05/16/okomu-oil-vs-presco-oil-data-shows-one-company-outdid-the-other-in-2023/#comments Thu, 16 May 2024 07:37:03 +0000 https://nairametrics.com/?p=489097 The Palm Oil sector has always presented a beacon for investors due to the seeming wide gap between the demand for the product and the supply, which has not been met.

The post Okomu Oil Vs. Presco Oil: Data shows one company outdid the other in 2023 appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/16/okomu-oil-vs-presco-oil-data-shows-one-company-outdid-the-other-in-2023/feed/ 1 489097
Analysis: Zenith Bank says N95 billion of its Oil and Gas loans are non-performing https://nairametrics.com/2024/05/16/analysis-zenith-bank-says-n95-billion-of-its-oil-and-gas-loans-are-non-performing/ https://nairametrics.com/2024/05/16/analysis-zenith-bank-says-n95-billion-of-its-oil-and-gas-loans-are-non-performing/#respond Thu, 16 May 2024 00:58:58 +0000 https://nairametrics.com/?p=489079 Zenith Bank’s latest financials indicate a significant uptick in its loan portfolio, particularly in the oil and gas sector. By the end of fiscal year 2023, foreign currency loans surged to $3.79 billion, up from $3.32 billion the previous year. The oil and gas sector alone accounted for $1.91 billion, representing 50.3% of the bank’s […]

The post Analysis: Zenith Bank says N95 billion of its Oil and Gas loans are non-performing appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/16/analysis-zenith-bank-says-n95-billion-of-its-oil-and-gas-loans-are-non-performing/feed/ 0 489079
Dangote Cement vs BUA Cement vs Lafarge – Who did better in 2023? https://nairametrics.com/2024/05/13/dangote-cement-vs-bua-cement-vs-lafarge-who-did-better-in-2023/ https://nairametrics.com/2024/05/13/dangote-cement-vs-bua-cement-vs-lafarge-who-did-better-in-2023/#respond Mon, 13 May 2024 07:32:07 +0000 https://nairametrics.com/?p=488705 Despite sustaining profitability, unlike other sectors, particularly, the consumer goods, cement companies experienced a decline in profitability attributed to elevated foreign exchange costs and high-interest experiences.

The post Dangote Cement vs BUA Cement vs Lafarge – Who did better in 2023? appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/13/dangote-cement-vs-bua-cement-vs-lafarge-who-did-better-in-2023/feed/ 0 488705
Airtel Africa’s share buyback strategy despite losses https://nairametrics.com/2024/05/11/airtel-africas-share-buyback-strategy-despite-losses/ https://nairametrics.com/2024/05/11/airtel-africas-share-buyback-strategy-despite-losses/#respond Sat, 11 May 2024 18:27:45 +0000 https://nairametrics.com/?p=488641 Airtel Africa in February 2024, announced its intention to initiate a share buyback program following the disclosure of a negative Basic EPS in its financial results for the first nine months of 2024.

The post Airtel Africa’s share buyback strategy despite losses appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/11/airtel-africas-share-buyback-strategy-despite-losses/feed/ 0 488641
Are Dangote Cement’s measures for cost optimization working?  https://nairametrics.com/2024/05/07/are-dangote-cements-measures-for-cost-optimization-working/ https://nairametrics.com/2024/05/07/are-dangote-cements-measures-for-cost-optimization-working/#respond Tue, 07 May 2024 08:35:45 +0000 https://nairametrics.com/?p=488127 In the realm of corporate strategy, the pursuit of cost optimization stands as a pivotal endeavor, particularly in industries susceptible to fluctuating economic conditions.  

The post Are Dangote Cement’s measures for cost optimization working?  appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/07/are-dangote-cements-measures-for-cost-optimization-working/feed/ 0 488127
When will CBN mandate challenger banks to publish their audited accounts? https://nairametrics.com/2024/05/03/when-will-cbn-mandate-challenger-banks-to-publish-their-audited-accounts/ https://nairametrics.com/2024/05/03/when-will-cbn-mandate-challenger-banks-to-publish-their-audited-accounts/#respond Fri, 03 May 2024 08:55:58 +0000 https://nairametrics.com/?p=487731 Nigerian banks have proven to be highly profitable. Last year alone, the publicly listed Nigerian banks are projected to surpass N3.5 trillion in profits for 2023, more than doubling their earnings from 2022.

The post When will CBN mandate challenger banks to publish their audited accounts? appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/05/03/when-will-cbn-mandate-challenger-banks-to-publish-their-audited-accounts/feed/ 0 487731
Tough times for shareholders as listed FMCGs struggle to pay dividend   https://nairametrics.com/2024/04/26/tough-times-for-shareholders-as-listed-fmcgs-struggle-to-pay-dividend/ https://nairametrics.com/2024/04/26/tough-times-for-shareholders-as-listed-fmcgs-struggle-to-pay-dividend/#comments Fri, 26 Apr 2024 08:25:04 +0000 https://nairametrics.com/?p=486955 For the 2022 fiscal year, over 71 publicly traded companies spanning various sectors, including banking, telecommunications, and consumer goods, collectively disbursed over N1.5 trillion in dividends.  

The post Tough times for shareholders as listed FMCGs struggle to pay dividend   appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/04/26/tough-times-for-shareholders-as-listed-fmcgs-struggle-to-pay-dividend/feed/ 1 486955
Fidelity Bank remains resilient: Can it surmount the new capitalization challenges?  https://nairametrics.com/2024/04/25/fidelity-bank-remains-resilient-can-it-surmount-the-new-capitalization-challenges/ https://nairametrics.com/2024/04/25/fidelity-bank-remains-resilient-can-it-surmount-the-new-capitalization-challenges/#respond Thu, 25 Apr 2024 05:57:54 +0000 https://nairametrics.com/?p=486808 Fidelity Bank has shown resilience in its financial performance, but now faces a critical test: navigating the challenging terrain of the new Central Bank of Nigeria (CBN) recapitalization requirements.  

The post Fidelity Bank remains resilient: Can it surmount the new capitalization challenges?  appeared first on Nairametrics.

]]>
https://nairametrics.com/2024/04/25/fidelity-bank-remains-resilient-can-it-surmount-the-new-capitalization-challenges/feed/ 0 486808