Blurb Archives - Nairametrics https://nairametrics.com/category/opinion-editorials/blurb/ Destination for Business news and analysis from Africa's largest economy Wed, 02 Jul 2025 08:07:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Blurb Archives - Nairametrics https://nairametrics.com/category/opinion-editorials/blurb/ 32 32 201037849 Gold Rush: Nigeria is in the middle of a commercial paper boom  https://nairametrics.com/2025/07/01/gold-rush-nigeria-is-in-the-middle-of-a-commercial-paper-boom/ https://nairametrics.com/2025/07/01/gold-rush-nigeria-is-in-the-middle-of-a-commercial-paper-boom/#comments Tue, 01 Jul 2025 13:06:49 +0000 https://nairametrics.com/?p=518256 Nigeria’s financial landscape has witnessed a notable shift in corporate financing patterns, with Commercial Papers (CPs) emerging as a preferred short-term funding tool. 

The post Gold Rush: Nigeria is in the middle of a commercial paper boom  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/01/gold-rush-nigeria-is-in-the-middle-of-a-commercial-paper-boom/feed/ 1 518256 Conoil Q1 2025: Borrowing surge collapses profit, debt now exceeds equity  https://nairametrics.com/2025/06/25/conoil-q1-2025-borrowing-surge-collapses-profit-debt-now-exceeds-equity/ https://nairametrics.com/2025/06/25/conoil-q1-2025-borrowing-surge-collapses-profit-debt-now-exceeds-equity/#comments Wed, 25 Jun 2025 06:24:35 +0000 https://nairametrics.com/?p=517826 There was no FX loss. No surge in operating costs. Yet, Conoil’s Q1 2025 pre-tax profit collapsed by 93% to just N372 million, its lowest quarterly performance since 2021.  The primary culprit appears to be the 48% jump in short-term borrowing, funded through bank overdrafts at an average interest rate of 29.75%, nearly doubling the […]

The post Conoil Q1 2025: Borrowing surge collapses profit, debt now exceeds equity  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/06/25/conoil-q1-2025-borrowing-surge-collapses-profit-debt-now-exceeds-equity/feed/ 1 517826 What Wale Edun said when he was asked about impact of oil price fall  https://nairametrics.com/2025/05/06/what-wale-edun-said-when-he-was-asked-about-impact-of-oil-price-fall/ https://nairametrics.com/2025/05/06/what-wale-edun-said-when-he-was-asked-about-impact-of-oil-price-fall/#respond Tue, 06 May 2025 04:54:41 +0000 https://nairametrics.com/?p=514703 Crude oil prices dipped below $60 per barrel at the start of May, sparking renewed fears of a currency crisis and a wider fiscal deficit in Nigeria.  

The post What Wale Edun said when he was asked about impact of oil price fall  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/05/06/what-wale-edun-said-when-he-was-asked-about-impact-of-oil-price-fall/feed/ 0 514703 Nigerian banks are seeing their earnings decline, and it could get worse  https://nairametrics.com/2025/05/02/nigerian-banks-are-seeing-their-earnings-decline-and-it-could-get-worse/ https://nairametrics.com/2025/05/02/nigerian-banks-are-seeing-their-earnings-decline-and-it-could-get-worse/#respond Fri, 02 May 2025 05:36:59 +0000 https://nairametrics.com/?p=514460 Nigerian banks have begun releasing their Q1 2025 results, and while many are still posting billions in profit, the era of runaway earnings growth may be drawing to a close. 

The post Nigerian banks are seeing their earnings decline, and it could get worse  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/05/02/nigerian-banks-are-seeing-their-earnings-decline-and-it-could-get-worse/feed/ 0 514460 How MTN Nigeria returned to profitability in 2025  https://nairametrics.com/2025/04/30/how-mtn-nigeria-returned-to-profitability-in-2025/ https://nairametrics.com/2025/04/30/how-mtn-nigeria-returned-to-profitability-in-2025/#respond Wed, 30 Apr 2025 14:46:20 +0000 https://nairametrics.com/?p=514346 After two years of navigating some of the most turbulent macroeconomic headwinds in its operating history, MTN Nigeria appears to be stabilizing and more importantly, profitable again. 

The post How MTN Nigeria returned to profitability in 2025  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/04/30/how-mtn-nigeria-returned-to-profitability-in-2025/feed/ 0 514346 Cadbury Nigeria: A bitter year with a sweet aftertaste https://nairametrics.com/2025/04/13/cadbury-nigeria-a-bitter-year-with-a-sweet-aftertaste/ https://nairametrics.com/2025/04/13/cadbury-nigeria-a-bitter-year-with-a-sweet-aftertaste/#respond Sun, 13 Apr 2025 16:37:45 +0000 https://nairametrics.com/?p=513241 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.  […]

The post Cadbury Nigeria: A bitter year with a sweet aftertaste appeared first on Nairametrics.

]]> https://nairametrics.com/2025/04/13/cadbury-nigeria-a-bitter-year-with-a-sweet-aftertaste/feed/ 0 513241 GTCO’s path to N100 per share just needs this to happen https://nairametrics.com/2025/03/30/gtcos-path-to-n100-per-share-just-needs-this-to-happen/ https://nairametrics.com/2025/03/30/gtcos-path-to-n100-per-share-just-needs-this-to-happen/#respond Sun, 30 Mar 2025 10:32:22 +0000 https://nairametrics.com/?p=512276 If GTCO were an animal, it would be an orca—sleek, intelligent, and ruthlessly efficient in its habitat.

The post GTCO’s path to N100 per share just needs this to happen appeared first on Nairametrics.

]]> https://nairametrics.com/2025/03/30/gtcos-path-to-n100-per-share-just-needs-this-to-happen/feed/ 0 512276 UBA is minting returns and shareholders are cashing in https://nairametrics.com/2025/03/24/uba-is-minting-returns-and-shareholders-are-cashing-in/ https://nairametrics.com/2025/03/24/uba-is-minting-returns-and-shareholders-are-cashing-in/#respond Mon, 24 Mar 2025 17:00:25 +0000 https://nairametrics.com/?p=511742 If last year’s UBA record-breaking N607 billion profit seemed like a fluke, the bank’s 2024 numbers suggest it’s the real deal.

The post UBA is minting returns and shareholders are cashing in appeared first on Nairametrics.

]]> https://nairametrics.com/2025/03/24/uba-is-minting-returns-and-shareholders-are-cashing-in/feed/ 0 511742 Stock soars, profit returns: The inside story of Honeywell Flour Mills  https://nairametrics.com/2025/03/21/stock-soars-profit-returns-the-inside-story-of-honeywell-flour-mills/ https://nairametrics.com/2025/03/21/stock-soars-profit-returns-the-inside-story-of-honeywell-flour-mills/#respond Fri, 21 Mar 2025 08:00:24 +0000 https://nairametrics.com/?p=511529 For new investors, buying at current levels carries risk, as the stock’s rally appears driven more by supply constraints than pure fundamentals. 

The post Stock soars, profit returns: The inside story of Honeywell Flour Mills  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/03/21/stock-soars-profit-returns-the-inside-story-of-honeywell-flour-mills/feed/ 0 511529 The naira vs. the dollar: A major test awaits this week  https://nairametrics.com/2025/02/23/the-naira-vs-the-dollar-a-major-test-awaits-this-week/ https://nairametrics.com/2025/02/23/the-naira-vs-the-dollar-a-major-test-awaits-this-week/#respond Sun, 23 Feb 2025 14:26:09 +0000 https://nairametrics.com/?p=509608 The Nigerian naira is poised for a significant test as markets reopen on Monday, following a week packed with key macroeconomic data releases and monetary policy decisions.  

The post The naira vs. the dollar: A major test awaits this week  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/02/23/the-naira-vs-the-dollar-a-major-test-awaits-this-week/feed/ 0 509608 Why the Naira will be stable in 2025  https://nairametrics.com/2025/01/15/why-the-naira-will-be-stable-in-2025/ https://nairametrics.com/2025/01/15/why-the-naira-will-be-stable-in-2025/#respond Wed, 15 Jan 2025 07:59:47 +0000 https://nairametrics.com/?p=506488 A recent report by Bayo Adedipe and Associates suggests the Naira will settle at N1,574/$1 in 2025. For context, the exchange rate closed in 2024 at N1,553/$1, marking only a slight shift.

The post Why the Naira will be stable in 2025  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/01/15/why-the-naira-will-be-stable-in-2025/feed/ 0 506488 Why the Naira could depreciate in 2025 https://nairametrics.com/2025/01/14/the-naira-could-weaken-in-2025-if-these-risks-materialize/ https://nairametrics.com/2025/01/14/the-naira-could-weaken-in-2025-if-these-risks-materialize/#respond Tue, 14 Jan 2025 07:14:54 +0000 https://nairametrics.com/?p=506420 The year 2025 is shaping up to be a year of hope or hubris for the Naira. Optimists believe that after two years of wild swings, Nigeria’s currency might finally settle into something resembling stability. The reasons are compelling enough: refineries coming online, reduced petrol imports, and an economy hungry to diversify beyond oil. But […]

The post Why the Naira could depreciate in 2025 appeared first on Nairametrics.

]]> https://nairametrics.com/2025/01/14/the-naira-could-weaken-in-2025-if-these-risks-materialize/feed/ 0 506420 What 2024 “Detty December” taught us about Nigeria’s economy  https://nairametrics.com/2025/01/01/what-2024-detty-december-taught-us-about-nigerias-economy/ https://nairametrics.com/2025/01/01/what-2024-detty-december-taught-us-about-nigerias-economy/#respond Wed, 01 Jan 2025 05:22:43 +0000 https://nairametrics.com/?p=505704 Detty December, the month-long rave that turns Nigeria into a global party hotspot, has morphed into more than just a festive tradition. It’s a cultural and economic phenomenon. What started as post-pandemic revelry is now a potent force driving global cultural exchange and economic activity. Even amid a depreciated naira, record inflation, and a challenging […]

The post What 2024 “Detty December” taught us about Nigeria’s economy  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/01/01/what-2024-detty-december-taught-us-about-nigerias-economy/feed/ 0 505704 Analysis: Why BDCs and retail participants need their own “EFEMS” https://nairametrics.com/2024/12/17/analysis-why-bdcs-and-retail-participants-need-their-own-efems/ https://nairametrics.com/2024/12/17/analysis-why-bdcs-and-retail-participants-need-their-own-efems/#respond Tue, 17 Dec 2024 13:53:35 +0000 https://nairametrics.com/?p=504795 For the exchange rate policies to be effective, Nigeria cannot afford for BDCs or retail participants to remain outside the reform framework.

The post Analysis: Why BDCs and retail participants need their own “EFEMS” appeared first on Nairametrics.

]]> https://nairametrics.com/2024/12/17/analysis-why-bdcs-and-retail-participants-need-their-own-efems/feed/ 0 504795 MTN Nigeria: Buy, Sell, or Hold?  https://nairametrics.com/2024/12/09/mtn-nigeria-buy-sell-or-hold/ https://nairametrics.com/2024/12/09/mtn-nigeria-buy-sell-or-hold/#respond Mon, 09 Dec 2024 05:19:13 +0000 https://nairametrics.com/?p=504174 MTN Nigeria’s recent financial performance highlights significant challenges that leave investors questioning whether to buy, sell, or hold the company’s stock.  

The post MTN Nigeria: Buy, Sell, or Hold?  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/12/09/mtn-nigeria-buy-sell-or-hold/feed/ 0 504174 Why the Naira is appreciating against the dollar https://nairametrics.com/2024/12/07/why-the-naira-is-appreciating-against-the-dollar/ https://nairametrics.com/2024/12/07/why-the-naira-is-appreciating-against-the-dollar/#respond Sat, 07 Dec 2024 13:22:05 +0000 https://nairametrics.com/?p=504103 This article attempts to explain the reason behind the recent appreciation of the naira against the US dollars in the first week of December 2024.

The post Why the Naira is appreciating against the dollar appeared first on Nairametrics.

]]> https://nairametrics.com/2024/12/07/why-the-naira-is-appreciating-against-the-dollar/feed/ 0 504103 How Bank stocks have performed after their public offers and rights issues  https://nairametrics.com/2024/11/09/how-bank-stocks-have-performed-after-their-public-offers-and-rights-issues/ https://nairametrics.com/2024/11/09/how-bank-stocks-have-performed-after-their-public-offers-and-rights-issues/#respond Sat, 09 Nov 2024 15:01:51 +0000 https://nairametrics.com/?p=501991 This article explores how banks have fared since the announcement of their public offers and rights issues 

The post How Bank stocks have performed after their public offers and rights issues  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/11/09/how-bank-stocks-have-performed-after-their-public-offers-and-rights-issues/feed/ 0 501991 How FBN Holdings plans to utilize its N149 billion Rights Issue  https://nairametrics.com/2024/11/03/how-fbn-holdings-plans-to-utilize-its-n149-billion-rights-issue/ https://nairametrics.com/2024/11/03/how-fbn-holdings-plans-to-utilize-its-n149-billion-rights-issue/#respond Sun, 03 Nov 2024 09:39:55 +0000 https://nairametrics.com/?p=501533 FBN Holdings (FBNH) has announced a substantial rights issue to raise N149.56 billion, strategically structured to enhance the capital base of its primary subsidiary, First Bank of Nigeria Limited.  

The post How FBN Holdings plans to utilize its N149 billion Rights Issue  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/11/03/how-fbn-holdings-plans-to-utilize-its-n149-billion-rights-issue/feed/ 0 501533 Nestlé Nigeria mega losses: It’s time to shift focus  https://nairametrics.com/2024/11/02/nestle-nigeria-mega-losses-its-time-to-shift-focus/ https://nairametrics.com/2024/11/02/nestle-nigeria-mega-losses-its-time-to-shift-focus/#respond Sat, 02 Nov 2024 09:44:21 +0000 https://nairametrics.com/?p=501493 Nestlé Nigeria Plc has released its nine-month 2024 results, revealing a substantial pre-tax loss of N255.385 billion, a 381% year-over-year (YoY) increase from the N56.65 billion loss reported during the same period in 2023.  

The post Nestlé Nigeria mega losses: It’s time to shift focus  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/11/02/nestle-nigeria-mega-losses-its-time-to-shift-focus/feed/ 0 501493 Unilever Nigeria: Turnover up by 46%, margins squeezed by costs https://nairametrics.com/2024/10/24/unilever-nigeria-turnover-up-by-46-margins-squeezed-by-costs/ https://nairametrics.com/2024/10/24/unilever-nigeria-turnover-up-by-46-margins-squeezed-by-costs/#respond Thu, 24 Oct 2024 05:27:03 +0000 https://nairametrics.com/?p=500805 Unilever Nigeria Plc has released its unaudited interim report for the nine months ended 30th September 2024.  

The post Unilever Nigeria: Turnover up by 46%, margins squeezed by costs appeared first on Nairametrics.

]]> https://nairametrics.com/2024/10/24/unilever-nigeria-turnover-up-by-46-margins-squeezed-by-costs/feed/ 0 500805