Tag: pre

Okomu Oil Palm reports N32.9bn pre-tax profit in 2023
Business

Okomu Oil Palm reports N32.9bn pre-tax profit in 2023

Nigeria’s top oil palm production firm, Okomu Oil Palm, has revealed its financial results for FY 2023, reporting a pre-tax profit of N32.9 billion, up 43.4% from N22.9 billion in Financial Year 2022. The Times reported that the corporation, situated in Edo State, reported a revenue of N75 billion in 2023, a 26.6% increase from N59.2 billion […]

Nigeria's per capita income to hit pre-COVID level 2025 - W'Bank
featured News Tech

Nigeria’s per capita income to hit pre-COVID level 2025 – W’Bank

Nigeria’s per capita income is expected to reach its pre-pandemic level by 2025, according to World Bank projections. “Growth in Nigeria is projected at 3.3 percent this year and 3.7 percent in 2025—up 0.3 and 0.6 percentage points, respectively, since June—as macro-fiscal reforms gradually bear fruits. The baseline forecast implies that per capita income will […]