Nigeria short on financial inclusion target, records 51% in 2020
Nigeria failed to reach its National Financial Inclusion Strategy for 2020 as it recorded only 51 per cent as against its 70 per cent target. According to data obtained from the Access to Financial (A2F) 2020 survey findings published by Enhancing Financial Innovation & Access (EFInA)…
43% jump in Q1 profit minimises concerns for rising cost of sales, finance costs
51 real sector listed firms on the Nigerian bourse recorded a 43 percent increase in their cumulative profit after tax (PAT) at the end of the first quarter of 2021, but for this increase, the managements of these firms would have been scratching…
Experts divided over FG’s proposed privatisation of TCN
The announcement by the Bureau of Public Enterprises of the proposed privatisation of the Transmission Company of Nigeria has been greeted with different reactions from industry experts…
How adoption of energy efficiency can reduce production costs
The manufacturing sector and household users of electricity in the country can significantly reduce energy consumption, improve productivity and profitability, reduce pollution and cost of goods if adoption of energy efficiency is prioritized…