Rising from COVID-19-induced problems mirrored in the fall in the company's revenue by -3.57% in 2020, Seplat Petroleum Development Company Plc's (SPDC's) first quarter (Q1) 2021 unaudited results saw operating cash flow before movements in working capital rise marginally by 3.82% year-on-year (Y-o-Y) to $84.1 million in Q1 2021, up from $81.0 million in Q1 2020
Nigeria's inflation has consistently defied the law of gravity - 'what goes up must come down'. In April, we are estimating a further increase of 0.6% to 18.77%, after 19 months of consecutive increases. The debate on whether consumer price inflation is transient or persistent has been raging for months.
Transcorp Hotels Plc. on Wednesday held its Facts Behind the Figures to investors and other stakeholders at the Nigerian Exchange Group (NGX), presenting its strategic and operational development, as well as its financial performance, which was impressive in Q1 2021, ending with a revenue of N3.98 billion.