For the first-quarter ended 31 March, 2016, Nigeria’s
The decline was attributed to increased cost of sales, which stood at NGN 62.5 billion in the quarter in review from NGN 39.9 billion in the year-ago quarter.
Company gross earnings for the quarter in review stood at NGN 140.5 billion, up 22.5% from NGN 114.7 billion in the year-ago quarter.