Price earnings ratio and a dividend yield
The Price-to-Earnings (P/E) ratio is a fundamental financial metric used to assess the relative valuation of a company’s stock in relation to its earnings. It […]
Financial Literacy
Apple reports a decline in pre-tax profit in Q3
Apple reported its 2023 third-quarter results showing pre-tax profits declined by 1.44% year on year reaching $22.733 billion. This took the nine-month pre-tax profits to […]
Foreign Exchange Woes: MTN Nigeria posts a decline in profits.
MTN Nigeria recently released its Q2 2023 results, showing the communication giant encountered significant challenges related to foreign exchange, which has pronounced impacted its financial […]
TRANSCORP Plc Achieves Remarkable Q2 2023 Performance: Profits Surge and Revenue Soars.
TRANSCORP Plc’s Q2 2023 report reveals an impressive surge in profitability, with a noteworthy 105% rise in profit before tax, reaching N15.67 billion compared to […]
Foreign Exchange Woes: MTN Nigeria posts a decline in profits
MTN Nigeria has reported a notable decline in its profits for the second quarter of 2023, with pre-tax profits dropping by 64.32% compared to the […]
Profit Decline in Nigerian Banks’ Foreign Subsidiaries Linked to High Impairment Losses on Assets.|Idika Aja
Article Highlights Driven by the desire to unlock incremental value, Nigerian banks have aggressively expanded into other African countries, as well as the UK, US, […]