MICHAEL MOSES

MICHAEL MOSES Insurers are in business to redeem losses which they do by paying claims to policyholders in distress. However, when both the underwriting expenses and claims are rising astronomically, the situation…

MICHAEL MOSES With the recession in its revenue growth, First City Monument Bank closed half year operations for 2019 with profit slowing down from 40 percent growth in the first quarter to 31 percent year-on-year. The slowdown…

MICHAEL MOSES.   The profit prospects of Fidelity Bank for the 2019 financial year is brightening up again with the operating momentum that was gained in the second quarter from credit loss write back. A net loan loss write back of…

MICHAEL MOSES Nestlé Nigeria isn’t quite finding its feet in pushing sales so far this year, as sales keeps decelerating for the second year. But the company’s strategists seem to be perfecting a formula for growing profit from…

MICHAEL MOSES African Alliance Insurance Plc at 59 years old, remains the widely recognised as the most experienced and strongest Specialist Life Assurance Office in Nigeria. It parades intimidating credential having served thousands of…

MICHAEL MOSES. Access Bank is still basking in the euphoria of its merger with Diamond Bank that has catapulted it to an enviable height in the banking landscape on the continent. In the excitement of the time however, it has lost its…

MICHAEL MOSES. AIICO is a popular name in the insurance industry where it has played for 56 years. It started operations on these shores in 1963 as an offshoot of the American life firm, AIICO. Its growth was inspired by its focus and…

MICHAEL MOSES. Total Nigeria has made a weak pull back from the red but still stayed one step away from it at the end of half year operations in June 2019. The oil marketing company submerged into a loss of N474 million in the first…

Oando Plc reaped a windfall of N28.6 billion in tax credit in the second quarter ended June 2019, saving the company from hitting a big loss at half year. The tax credit provided a bridge for the energy company to cross over from a huge…

MICHAEL MOSES Cement Company of Northern Nigeria is on a highway drive to building profit this year but that pales into a snail speed effort towards reclaiming its pre-merger rates of return. The company’s return to equity fell…