OPINION/EDITORIAL

NNPC 2020 Financial Report: Impairment Backed Profitability: A Lot More Needed

September 14, 2021/United Capital Research Last week, the Nigerian National Petroleum Corporation (NNPC) released its audited financial statement for the year ended 2020. For the first time since its establishment in 1977, the corporation disclosed a profit for the year. According to the report, Revenue declined in FY-2020, down 19.8% […]

FEC Approves Plan to Roll out 5G Network

September 13, 2021/CSL Research Following the recently held Federal Executive Council (FEC) meeting last week, the Federal Government announced the approval of the Fifth Generation Network (5G) deployment in the country. To kick-start the 5G network roll-out, the Minister of Communications and Digital Economy, Isa Ali Ibrahim, directed the Nigerian […]

A Winning Formula for MPC Members

September 10, 2021/Proshare By FBNQuest Research                                                                                                                                                                     In July the monetary policy committee (MPC) voted unanimously to leave its policy rate of 11.50% and other parameters unchanged. The personal statements written subsequently by the nine members present highlight their common ground. They tend to open with the global backdrop, derived […]