07/28/2022

Bank Profits in Mozambique Recover to Pre-Pandemic Level

Despite this, and after “a decline in 2019 and 2020, the combined net income of the six banks recovered 26.7% in 2021, year-on-year,” reaching close to $254 million. A result that represents an ROE – return on equity – of 13.9%.

07/18/2022

Highest Paid CEOs in Nigeria in 2021

The MD/CEOs of the top 37 companies on the NGX, who reported the directors’ remunerations, earned about N5.51 billion in salaries in 2021 compared to N5.33 billion in the previous year.