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AugTimi Olubiyi, PhD Despite the significance of SMEs to the economy and national development, Africa has a high rate of business failures and short-lived businesses. In Nigeria SMEs account for 48 percent of the national GDP, 96 percent of businesses, and 84 percent of employment in the country, according to a PricewaterhouseCoopers (PwC) report. In contrast, due […]
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AugMutual Benefits Assurance Plc last week Friday published its Second Quarter report for the period ended, 30th June 2022. A turnover of N18.45 billion for the 6 months period, up by 20.25% from N15.34 billion reported the previous year. Profit after tax grew by 278.28% to N3.538 billion from the loss after tax of N1.984 billion reported in[…]
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AugIt was yet another bearish session on the floor of the Nigerian stock market on the first trading day of the week as downtrend extended on profit taking by investors to four straight sessions. The All Share Index dropped by 0.05% to close at 49,344.67 points from the previous close of 49,370.62 points. The Market Capitalisation declined[…]
