Financial Analysis Archives - Nairametrics https://nairametrics.com/category/market-news/financial/ Destination for Business news and analysis from Africa's largest economy Sun, 04 Aug 2024 10:36:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Financial Analysis Archives - Nairametrics https://nairametrics.com/category/market-news/financial/ 32 32 201037849 Nigerian University Pension Management Company 2023 audited company and pension funds’ accounts https://nairametrics.com/2024/08/02/nigerian-university-pension-management-company-2023-audited-company-and-pension-funds-accounts/ https://nairametrics.com/2024/08/02/nigerian-university-pension-management-company-2023-audited-company-and-pension-funds-accounts/#respond Fri, 02 Aug 2024 11:22:09 +0000 https://nairametrics.com/?p=494871 The Nigerian University Pension Management Company, known for short as Nupemco published its 2023 summary audited accounts, providing an abridged, but insightful overview of the company’s financial health and pension funds’ performance. This report provides a summary review and presents key financial highlights, financial ratios, managed funds’ performance, and the trend in the number of […]

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]]> https://nairametrics.com/2024/08/02/nigerian-university-pension-management-company-2023-audited-company-and-pension-funds-accounts/feed/ 0 494871 Analysis: Veritas Glanvills Pensions 2023 audited company and pension fund accounts https://nairametrics.com/2024/08/02/analysis-veritas-glanvills-pensions-2023-audited-company-and-pension-fund-accounts/ https://nairametrics.com/2024/08/02/analysis-veritas-glanvills-pensions-2023-audited-company-and-pension-fund-accounts/#respond Fri, 02 Aug 2024 06:04:32 +0000 https://nairametrics.com/?p=494861 Veritas Glanvills Pensions published its 2023 audited accounts. This is a summary review, and it presents key financial highlights, financial ratios, fund performance, and the trend in the number of Retirement Savings Account (RSA) holders. Financial Highlights Total Revenue: Total revenue for the company rose 21% to N2.43 billion in 2023, up from N2.00 billion […]

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]]> https://nairametrics.com/2024/08/02/analysis-veritas-glanvills-pensions-2023-audited-company-and-pension-fund-accounts/feed/ 0 494861 Analysis: NPF Pensions 2023 audited company and pension funds’ accounts https://nairametrics.com/2024/07/29/analysis-npf-pensions-2023-audited-company-and-pension-funds-accounts/ https://nairametrics.com/2024/07/29/analysis-npf-pensions-2023-audited-company-and-pension-funds-accounts/#respond Mon, 29 Jul 2024 13:00:34 +0000 https://nairametrics.com/?p=494675 NPF Pensions published its 2023 summary audited accounts, providing a short, but insightful overview of the company’s financial health and pension funds’ performance.

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]]> https://nairametrics.com/2024/07/29/analysis-npf-pensions-2023-audited-company-and-pension-funds-accounts/feed/ 0 494675 Analysis: Fidelity Pension Managers 2023 audited company and fund accounts https://nairametrics.com/2024/07/24/analysis-fidelity-pension-managers-2023-audited-company-and-fund-accounts/ https://nairametrics.com/2024/07/24/analysis-fidelity-pension-managers-2023-audited-company-and-fund-accounts/#respond Wed, 24 Jul 2024 07:39:11 +0000 https://nairametrics.com/?p=494245 Fidelity Pension Managers recently published its 2023 audited accounts, providing a summary overview of its financial health and fund performance.

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]]> https://nairametrics.com/2024/07/24/analysis-fidelity-pension-managers-2023-audited-company-and-fund-accounts/feed/ 0 494245 Nigeria’s first Sukuk bond of N100 billion to mature in September this year  https://nairametrics.com/2024/07/21/nigerias-first-sukuk-bond-of-n100-billion-to-mature-in-september-this-year/ https://nairametrics.com/2024/07/21/nigerias-first-sukuk-bond-of-n100-billion-to-mature-in-september-this-year/#respond Sun, 21 Jul 2024 12:42:57 +0000 https://nairametrics.com/?p=493995 Nigeria's first Sukuk bond of N100 billion, which was issued on September 26, 2017, is set to mature on September 26, 2024. 

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]]> https://nairametrics.com/2024/07/21/nigerias-first-sukuk-bond-of-n100-billion-to-mature-in-september-this-year/feed/ 0 493995 Analysis: FCMB Pensions reports 28% revenue growth in 2023 amid rising operating expenses https://nairametrics.com/2024/07/18/analysis-fcmb-pensions-reports-28-revenue-growth-in-2023-amid-rising-operating-expenses/ https://nairametrics.com/2024/07/18/analysis-fcmb-pensions-reports-28-revenue-growth-in-2023-amid-rising-operating-expenses/#respond Thu, 18 Jul 2024 06:37:08 +0000 https://nairametrics.com/?p=493538 FCMB Pensions 2023 corporate and pension fund audited accounts, providing a summary overview of its financial health and fund performance.

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]]> https://nairametrics.com/2024/07/18/analysis-fcmb-pensions-reports-28-revenue-growth-in-2023-amid-rising-operating-expenses/feed/ 0 493538 Analysis: Norrenberger grows revenue by 44%, cuts losses by 91% in FY 2023 https://nairametrics.com/2024/07/12/analysis-norrenberger-grows-revenue-by-44-cuts-losses-by-91-in-fy-2023/ https://nairametrics.com/2024/07/12/analysis-norrenberger-grows-revenue-by-44-cuts-losses-by-91-in-fy-2023/#respond Fri, 12 Jul 2024 09:53:31 +0000 https://nairametrics.com/?p=493143 Norrenberger Pensions published its 2023 corporate and pension fund audited accounts, providing a summary overview of its financial health and fund performance.

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]]> https://nairametrics.com/2024/07/12/analysis-norrenberger-grows-revenue-by-44-cuts-losses-by-91-in-fy-2023/feed/ 0 493143 Analysis: Guaranty Trust Pension Managers AUM rises by 51.7% in 2023 https://nairametrics.com/2024/07/11/analysis-guaranty-trust-pension-managers-aum-rises-by-51-7-in-2023/ https://nairametrics.com/2024/07/11/analysis-guaranty-trust-pension-managers-aum-rises-by-51-7-in-2023/#respond Thu, 11 Jul 2024 08:19:45 +0000 https://nairametrics.com/?p=493030 Guaranty Trust Pension Managers 2023 corporate and pension fund audited accounts

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]]> https://nairametrics.com/2024/07/11/analysis-guaranty-trust-pension-managers-aum-rises-by-51-7-in-2023/feed/ 0 493030 Analysis: Industry leader, Stanbic IBTC Pension post N25.79 billion profits in 2023 https://nairametrics.com/2024/07/11/analysis-industry-leader-stanbic-ibtc-pension-post-n25-79-billion-profits-in-2023/ https://nairametrics.com/2024/07/11/analysis-industry-leader-stanbic-ibtc-pension-post-n25-79-billion-profits-in-2023/#comments Thu, 11 Jul 2024 07:22:20 +0000 https://nairametrics.com/?p=493020 Stanbic IBTC Pension Managers 2023 corporate and pension fund audited accounts

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]]> https://nairametrics.com/2024/07/11/analysis-industry-leader-stanbic-ibtc-pension-post-n25-79-billion-profits-in-2023/feed/ 1 493020 Access Pensions reports 71% profit growth in 2023, funds deliver mixed returns https://nairametrics.com/2024/07/10/access-pensions-reports-71-profit-growth-in-2023-funds-deliver-mixed-returns/ https://nairametrics.com/2024/07/10/access-pensions-reports-71-profit-growth-in-2023-funds-deliver-mixed-returns/#respond Wed, 10 Jul 2024 07:15:30 +0000 https://nairametrics.com/?p=492845 A comprehensive overview of Access Pensions financial health and fund performance.

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]]> https://nairametrics.com/2024/07/10/access-pensions-reports-71-profit-growth-in-2023-funds-deliver-mixed-returns/feed/ 0 492845 Analysis: Crusader Pensions post N2.12 billion profits, but funds lags inflation https://nairametrics.com/2024/07/10/analysis-crusader-pensions-post-n2-12-billion-profits-but-funds-lags-inflation/ https://nairametrics.com/2024/07/10/analysis-crusader-pensions-post-n2-12-billion-profits-but-funds-lags-inflation/#respond Wed, 10 Jul 2024 06:43:42 +0000 https://nairametrics.com/?p=492853 CrusaderSterling Pensions has demonstrated stable financial health for its shareholder in 2023

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]]> https://nairametrics.com/2024/07/10/analysis-crusader-pensions-post-n2-12-billion-profits-but-funds-lags-inflation/feed/ 0 492853 Big 4 maintain market dominance as audit firms earn N17.34 billion fees in 2023 https://nairametrics.com/2024/06/14/big-4-maintain-market-dominance-as-audit-firms-earn-n17-34-billion-fees-in-2023/ https://nairametrics.com/2024/06/14/big-4-maintain-market-dominance-as-audit-firms-earn-n17-34-billion-fees-in-2023/#respond Fri, 14 Jun 2024 07:25:04 +0000 https://nairametrics.com/?p=491224 The big audit firms in Nigeria, KPMG, PWC, Deloitte, and EY, typically referred to as the Big Four maintained industry dominance yet again in 2023, as 50 of the most capitalized companies on the Nigerian exchange paid a total of N17.34 billion as audit fees.

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]]> https://nairametrics.com/2024/06/14/big-4-maintain-market-dominance-as-audit-firms-earn-n17-34-billion-fees-in-2023/feed/ 0 491224 Analysis: 2023 Premium Pension Corporate and Pension Fund Accounts for the year ended December 2023 https://nairametrics.com/2024/04/29/analysis-2023-premium-pension-corporate-and-pension-fund-accounts-for-the-year-ended-december-2023/ https://nairametrics.com/2024/04/29/analysis-2023-premium-pension-corporate-and-pension-fund-accounts-for-the-year-ended-december-2023/#respond Mon, 29 Apr 2024 10:09:01 +0000 https://nairametrics.com/?p=487177 Premium Pension ended the 2023 financial year with 794,946 RSA holders in the 7 publicly available pension funds it manages.

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]]> https://nairametrics.com/2024/04/29/analysis-2023-premium-pension-corporate-and-pension-fund-accounts-for-the-year-ended-december-2023/feed/ 0 487177 Transcorp Power reports N28.772 billion pre-tax profit in Q1 2024 https://nairametrics.com/2024/04/19/transcorp-power-reports-n28-772-billion-pre-tax-profit-in-q1-2024/ https://nairametrics.com/2024/04/19/transcorp-power-reports-n28-772-billion-pre-tax-profit-in-q1-2024/#respond Fri, 19 Apr 2024 10:07:12 +0000 https://nairametrics.com/?p=486263 Transcorp Power Plc has reported a pre-tax profit of N28.772 billion for the Q1 ended March 31, 2024.

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]]> https://nairametrics.com/2024/04/19/transcorp-power-reports-n28-772-billion-pre-tax-profit-in-q1-2024/feed/ 0 486263 PFAs channel 72% of investment to fixed income assets in 2023 https://nairametrics.com/2024/04/17/pfas-channel-72-of-investment-to-fixed-income-assets-in-2023/ https://nairametrics.com/2024/04/17/pfas-channel-72-of-investment-to-fixed-income-assets-in-2023/#respond Wed, 17 Apr 2024 16:39:42 +0000 https://nairametrics.com/?p=486046 Pension Fund Administrators (PFAs) in Nigeria favoured fixed income investments over other asset classes in 2023 with a preponderance of funds channelled towards investments in the said category.

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]]> https://nairametrics.com/2024/04/17/pfas-channel-72-of-investment-to-fixed-income-assets-in-2023/feed/ 0 486046 Nigerian Pension Industry: You should NOT mark your own investment performance examination papers https://nairametrics.com/2024/04/15/nigerian-pension-industry-you-should-not-mark-your-own-investment-performance-examination-papers/ https://nairametrics.com/2024/04/15/nigerian-pension-industry-you-should-not-mark-your-own-investment-performance-examination-papers/#respond Mon, 15 Apr 2024 11:36:49 +0000 https://nairametrics.com/?p=485801 Nigerian pension industry has taken the reins of its own performance reporting with the release of PenOp's ‘Inaugural Performance Report’, titled ‘Uniform Performance Reporting.

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]]> https://nairametrics.com/2024/04/15/nigerian-pension-industry-you-should-not-mark-your-own-investment-performance-examination-papers/feed/ 0 485801 20TC: Access, UBA and Zenith, total assets exceed ‘N20 trillion, form largest banking trio in Nigeria https://nairametrics.com/2024/04/09/access-uba-and-zenith-total-assets-exceed-n20-trillion/ https://nairametrics.com/2024/04/09/access-uba-and-zenith-total-assets-exceed-n20-trillion/#respond Tue, 09 Apr 2024 13:53:59 +0000 https://nairametrics.com/?p=485354 UBA and Zenith Bank have joined Access Corporation in the N20 trillion club (20TC) in terms of total assets.

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]]> https://nairametrics.com/2024/04/09/access-uba-and-zenith-total-assets-exceed-n20-trillion/feed/ 0 485354 Financial analysts forecast high yield for Transcorp Power shares  https://nairametrics.com/2024/03/11/financial-analysts-forecast-high-yield-for-transcorp-power-shares/ https://nairametrics.com/2024/03/11/financial-analysts-forecast-high-yield-for-transcorp-power-shares/#respond Mon, 11 Mar 2024 19:06:15 +0000 https://nairametrics.com/?p=482411 Some financial analysts have anticipated high yields for Transcorp Power shares, identifying potential opportunities for savvy investors. 

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]]> https://nairametrics.com/2024/03/11/financial-analysts-forecast-high-yield-for-transcorp-power-shares/feed/ 0 482411 Access Holdings gets regulatory approval to acquire majority stake in ARM Pensions  https://nairametrics.com/2024/01/27/access-holdings-gets-regulatory-approval-to-acquire-majority-stake-in-arm-pensions/ https://nairametrics.com/2024/01/27/access-holdings-gets-regulatory-approval-to-acquire-majority-stake-in-arm-pensions/#respond Sat, 27 Jan 2024 11:15:43 +0000 https://nairametrics.com/?p=478370 Access Holdings Plc has disclosed that Access Golf Nigeria Limited, a majority shareholder of Access Pensions Limited and a subsidiary of Access Holdings, has received the necessary regulatory clearances for its proposed acquisition of a majority equity stake in ARM Pensions Managers (PFA) Limited (ARM). 

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]]> https://nairametrics.com/2024/01/27/access-holdings-gets-regulatory-approval-to-acquire-majority-stake-in-arm-pensions/feed/ 0 478370 Recap: Companies that exited Nigeria in 2023  https://nairametrics.com/2023/12/28/recap-companies-that-exited-nigeria-in-2023/ https://nairametrics.com/2023/12/28/recap-companies-that-exited-nigeria-in-2023/#comments Thu, 28 Dec 2023 07:32:34 +0000 https://nairametrics.com/?p=475902 From tech startups like Lazarpay to multinational giants like GlaxoSmithKline and Procter & Gamble, the exodus was profound, signalling the profound impact of macroeconomic woes on these ventures.  

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]]> https://nairametrics.com/2023/12/28/recap-companies-that-exited-nigeria-in-2023/feed/ 1 475902