Nigeria’s faltering conglomerates may need urgent restructuring

by | May 29, 2017 12:45 am

Nigerian conglomerate’s suppressed margins, rising costs and ballooning interest on borrowings pose a threat to growth and calls for urgent reorganization and restructuring. The market weaknesses and tough operating environment has exacerbated the already anaemic position of firms like UAC of  Nigeria Plc (UACN), Transnational Corporation of Nigeria Plc (Transcorp), A.G Leventis Nigeria Plc and…

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