
Articles
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1 week ago |
nairametrics.com | Idika Aja
Access Holdings Plc has released its 2024 full-year audited accounts, reporting a pre-tax profit of N867.019 billion, up from N729.001 billion a year earlier. The bank holding company also reported a surge in gross earnings, rising to N4.878 trillion from N2.594 trillion reported a year earlier. Profit after tax stood at N642.22 billion, representing a 3.7% increase from the N619.32 billion posted a year earlier.
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1 week ago |
nairametrics.com | Idika Aja
Access Holdings Plc has released its 2024 full-year audited accounts, reporting a pre-tax profit of N867.019 billion, up from N729.001 billion a year earlier. The bank holding company also reported a surge in gross earnings, rising to N4.878 trillion from N2.594 trillion reported a year earlier. Profit after tax stood at N642.22 billion, representing a 3.7% increase from the N619.32 billion posted a year earlier.
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1 week ago |
nairametrics.com | Idika Aja
As the Nigerian market continues to navigate through uncertainties, one strategy that is worth considering is investing in dividend-paying stocks. They offer investors a reliable way to earn a passive income while navigating market volatility. Echoing this, experts during a recent episode of “Drinks and Mics“ titled “How a Global Recession Will Impact Nigeria” recommended investing in dividend stocks.
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1 week ago |
nairametrics.com | Idika Aja
Nigerian companies faced financial pressure in 2024 as surging interest expenses, driven by the Central Bank of Nigeria’s (CBN) sustained monetary tightening, squeezed their bottom lines. The apex bank’s aggressive hike of the benchmark interest rate, intended to tame inflation and ensure positive real returns, has had a pronounced effect on the cost of borrowing for the private sector.
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1 week ago |
nairametrics.com | Idika Aja
If you are a shareholder in Cadbury Nigeria Plc, 2024 felt like watching a rollercoaster that only started climbing in the last few seconds. What started as a year of heavy losses, sharp cost spikes, and currency chaos ended with a surprise Q4 profit, a dramatic corporate restructuring, and a glimmer of hope for recovery. Share dilution, debt forgiveness, and a late surge, Cadbury’s 2024 was anything but ordinary. Investors now ask: Was Q4 the first bite of a comeback?
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