![[Infographics] Financial Performance Summary of Selected Companies in Nigeria (2020)](https://giftedanalysts.com/wp-content/uploads/2021/04/MTNN-scaled.jpg)
[Infographics] Financial Performance Summary of Selected Companies in Nigeria (2020)
Get the 2020 financial performance summary of some of the big names listed on the Nigerian Stock Exchange.
2020
How To Make A New Year’s Resolution
2020 has been a disaster for meeting new people, which is why Per Carlbring’s New Year’s resolution is to spend next year trying to connect with someone new every day. Carlbring, a professor who heads Stockholm University’s Department of Psychology, knows a thing or two about making a New Year’s resolution stick. He and his colleagues recently published a peer-reviewed study on the topic.
Analysis of the Financial Performance of MTN Nigeria Communications Plc in Half Year 2020
MTN Nigeria increased its subscribers base by adding 6.8m to its network totaling 71.1m mobile subscribers as of June 2020. Total revenue generated was up by 12.5% (y/y) to ₦638.08bn for the first half of the year, compared to ₦566.95bn generated in the same period in 2019. Growth in revenue was largely driven by a 12.6% increase in revenue from Services provided which accounted for 99.8% of total revenue (₦636.99bn).
Service revenue included revenue from its core activities of providing voice calls, data services, digital platforms, fintech (MoMo), and Other services (SMS, USSD, etc.).
April 2020 Consumer Price Index Report: A continuous rise in Inflation
The consumer price index, (CPI) increased by 12.34% (year-on-year) in April 2020. This is 8bps higher than the rate recorded in March 2020 (12.26%). This is the eighth consecutive month of increase since August 2019 (11.02%) and the highest level since April 2018 (12.48%).
COVID-19: The Cost of a Lock Down- A Case of Kwara State
Effective from Friday 27th March, the Kwara state government announced a partial lock down of the state as a preventive measure against the spread of coronavirus (COVID-19). As such, all motor parks, public transportation including motorcycle, tricycle and taxis are banned from operation. The state deputy Governor, Mr Kayode Alabi, however noted that only food […]
Kwara State 2020 Budget: Good Intentions, Faulty Assumptions
Total revenue as at October 2019 was N85.12 billion which shows that revenue underperformed by 34.69% when compared with N130.38 billion projected revenue for 2019. Total expenditure as at October 2019 on the other hand, was N77.37 billion which also underperformed by 40.66% when compared with the projected expenditure of N130.38 billion for 2019.
Is Kogi State's 2020 “Budget of Prosperity” a Hoax?
In this insightful piece, we analyzed the 2020 budget of Kogi state with special focus on the budget allocation for the Kogi State government house. We also identified some items which we believed are misplaced priorities.
In the end, we asked you to judge if the budget is a Hoax or not.
Performance Review of Nigeria’s Vision 20: 2020 (2009- 2020)
This article is inspired by the column which appeared on Punch Newspaper titled: “Vision 2020: Momento of a Failed Project”. It therefore aims to give a detailed report card of how Nigeria has performed under the three pillars while comparing the key data in 2009 with the ones in 2018 and 2019 as the need be.