OPINION/EDITORIAL

MTN Nigeria 9M-21: A Five-Star Performance

October 29, 2021/Cordros Report MTN Nigeria Communications Plc (MTNN) released its 9M-21 unaudited results at the close of business yesterday. The report revealed that Q3-21 standalone PAT rose by 59.0% y/y to NGN78.49 billion while EPS stood at NGN3.86 (+59.0% y/y), bringing the 9M-21 EPS to NGN10.82 (+52.8% y/y). The […]

Revenue Allocation Formula Restructure: A Paradigm Shift?

October 28, 2021/United Capital Research The revenue allocation formula between the tiers of government in Nigeria has remained a source of constant debate on its adequacy in ensuring fairness in distribution. Earlier this year, the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Elias Mbam, announced that […]

Joint Action Needed to Secure the Recovery

G20 MEETINGS AT LA NUVOLA/ROME (PHOTO: REMO CASILLI/REUTERS/NEWSCOM) By Kristalina Georgieva G20 should lead in sharing vaccine doses, helping developing countries financially, and committing to reaching net-zero carbon emissions by mid-century. When G20 leaders gather in Rome this weekend, they can take inspiration from the bold design of the meeting venue, […]