Nigerian Companies Win Big on Bets

Nigerian Companies Win Big on Bets

Thirteen companies quoted on the Nigerian Exchange Limited (NGX) survived macro economic challenges in 2023 to generate N9.44 trillion revenue, representing an increase of 30.5 per cent from N7.23 trillion reported 2022. Analysis of the companies’ results showed that MTN Nigeria Communication Plc generated the highest revenue in the period under review, followed by Dangote Cement Plc. Companies operating in Nigeria last year were faced with low purchasing amid hike inflation that spread across Africa,…

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