Wednesday, July 6, 2022

The 21 Largest Nigerian Cos' Total Earnings in 2020 Surprisingly Increased By 10% From Their Total Earnings in the Pre-Covid Pandemic Year of 2019. Their Total Earnings in 2021 Increased By 46% From That in 2019. In Comparison, the Annual Inflation Rate in Nigeria Was 13.2% in 2020 and is Forecasted To Have Been 16.9% in 2021.

From a review of the tradingview.com website, I identified the 21 Nigerian Companies with stock market caps recently above 100 billion in Nigerian Nairas (NGN).

Also from a review of the investing.com and wallstreetjournalmarkets.com websites, the table below shows the Consolidated Net Income (Loss) from Continuing Operations for fiscal years 2021, 2020 and 2019 for each of these 21 largest Nigerian Companies.