Foreign investments

Coherence of policies, key to attracting local and foreign investment: President BEZA

Photo courtesy of: BEZA Coherence of investment policies and long-term political support are the most important factors in attracting domestic and foreign direct investment to the country, said Bangladesh Economic Zones Authority Executive Chairman Paban Chowdhury. Investors make their decisions after being assured of the rate of return on any investment based on the existing […]

Annual profits

Lloyds Bank’s annual profits plunge 72% to £ 1.2bn

Lloyds Bank’s annual profits plunge 72% to £ 1.2bn amid declining household spending during the Covid pandemic UK’s largest national lender reveals extent of financial devastation from Covid-19 Statutory pre-tax profits fall to £ 1.2bn in 2020, from £ 4.4bn in 2019 However, the latest figure was better than the £ 905million analysts expected Lockdowns […]

Annual profits

Lloyds Launches Wealth Campaign as Annual Profits Dip 72% to £ 1.2 Billion | Economic news

Lloyds Banking Group has announced that it will expand its insurance and wealth management business as lower interest rates and bad loan provisions hurt profitability. The bank, which returned to private hands in 2017 following a taxpayer bailout during the financial crisis, revealed a 72% drop in pre-tax profits for 2020. Much of the blow […]

Corporate profits

Mills’ corporate profit tax break is bad policy and worse policy

Eighty-two million dollars is a lot of money. For a state in the throes of a deadly pandemic, this could be a lifeline. People who have lost their jobs or their homes could desperately use this type of support at this time. The same goes for small businesses that barely keep their doors open. The […]

Foreign investments

Bauchi, Delta, Gombe … 26 states that did not attract any foreign investment in 2020

Foreign investors ignored 26 states in Nigeria in the year 2020, according to a report released by the National Bureau of Statistics. The recently released Capital Imports report by the National Bureau of Statistics details the value of new investments that have poured into the Nigerian economy in 2020. The 26 states are: Bauchi, Bayelsa, […]

Annual profits

Activision Blizzard Reports Quarterly Profits of $ 508 Million and Annual Profits of $ 2.2 Billion – ARCHIVE

Video game holding company Activision Blizzard released its financial results for the fourth quarter and full year 2020. The company generated quarterly net revenues of US $ 2.41 billion, up 21.5% from $ 1.99 billion in the last quarter. same period of 2019. For the full year 2020, Activision Blizzard recorded revenue of $ 8.1 […]