Business

Guinness declares N265bn revenue, PAT up 53% to N25.3bn

By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]
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Banks’ total assets fell by N115bn in February

The total assets and liabilities of banks in the country fell by N115 billion to N24.29 trillion in February. This represented a 0.5 percent decline when compared with the total assets of N24.41 trillion recorded in January.

WAIFEM calls for modern fiscal policy forecasting strategies

The Director General, West African Institute for Financial and Economic Management (WAIFEM), Prof. Akpan Ekpo, has called on finance experts and legislators in Nigeria to embrace modern fiscal policy forecasting strategies, revenue and expenditure models, in order to reposition the nation’s economy for greater growth.

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