Nigerian Companies Enter Q4 With Record N2.3 Trillion Cash Reserve - Business - Nairaland
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South Africa Recession Enters Q4 With 51% Drop In GDP / CBN Raises Cash Reserve Ratio From 22.5% To 27.5% / Over N2 Trillion Cash In Circulation—cbn (2) (3) (4)
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| Nigerian Companies Enter Q4 With Record N2.3 Trillion Cash Reserve by Mateco556: 8:00am On Dec 29, 2023 |
As the final quarter of 2023 unfolds, Nigerian companies are showcasing unprecedented financial resilience, boasting a collective cash reserve of N2.3 trillion. This substantial cash balance marks a notable 27% surge from the N1.8 trillion reported at the close of 2022. The data, compiled from over 30 major companies listed on the Nigerian Exchange (NGX) from January to December, excludes commercial banks and insurance firms......... https://ratecaptain.com/nigerian-companies-enter-q4-with-record-n2-3-trillion-cash-reserve/ |
| Re: Nigerian Companies Enter Q4 With Record N2.3 Trillion Cash Reserve by Ireportlive: 8:01am On Dec 29, 2023 |
When you have Intelligent Finance man running the country, expect more positive gains |
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