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Flour Mills, Union Bank, Benue Cement Company (BCC), Nigerian Breweries, Glaxo Smithkline, Zenith Bank, Nestle, Ashaka Cement, and Cadbury recently released results for their most recent quarters. Here are the analysis of their results by Afrinvest, FSDH, and Vetiva Capital. Afrinvest – Flour Mills Q1 2011Afrinvest – Union Bank 6M 2010 Earnings UpdateFSDH – BCC [...]
Afrinvest has prepared a very detailed analysis of the banking sector. It is a top notch report and I recommend that everyone spends some time reading the entire report. From the stats, the 4 top tier banks are First Bank, Zenith Bank, GTBank and UBA. ?
Earlier this week, The Financial Times had a special report on the Nigerian Economy. There were special reports on the power sector, developments in Lagos and how it has become one of the most expensive cities in Africa, the Niger Delta issue, CBN and its new governor, poverty in the North, oil and gas, and logging.
As one would expect, the article was not too uplifting. But I think they did a good job highlighting the different challenges facing the country. You can read the different articles here:
Since the report is very large. I will break it down to make downloading easier.
This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!