Focus for the week: MPC rounds the year with a mild hike
At the last meeting of the year, all 12 members of the Monetary Policy Committee (MPC) were present. They unanimously decided to raise
Focus for the week: TOTAL NIGERIA PLC 9M’24 Earnings Release: Higher pricing drives turnover growth
Higher pricing drives turnover growth In the third quarter of the year, TOTAL’s revenue surged 78% y/y to ₦263 billion, driven by a
Focus for the week: PRESCO PLC 9M’24 Earnings – Elevated pricing sustains topline growth
Cost efficiency shines through in Q3’24 In Q3’24, revenue increased by 41% y/y to ₦40.5 billion, primarily driven by strong domestic
Focus for the week: July 2024 Inflation review – Inflation moderates for the first time in 19 months
H1 revenue dips on lower volumes lifted in Q1 Seplat’s H1 results largely mirrored our expectations. Revenue declined 23% y/y to $421
Focus for the week: Consumer Goods Sector 9M’24 Earnings Preview
The Nigerian economy continues to grapple with significant headwinds. At the forefront are currency depreciation and rising inflation,
Focus for the week: Zenith Bank H1’24 Earnings – Trading Income to strengthen FY’24 performance
For the half-year period, the Bank reported a 117% y/y jump in Gross Earnings to ₦2.1 trillion. This improvement was driven by a 177%
Focus for the week: H2’24 Agriculture Outlook – Weathering the perfect storm
The global agricultural sector faces a complex landscape shaped by geopolitical tensions and environmental concerns. The ongoing
Focus for the week: NESTLE NIGERIA PLC H1’24 Earnings Release – Revenue soars amid persistent macro challenges
Revenue surges as losses abate in Q2 Nestlé Nigeria PLC recorded a significant improvement in revenue for Q2’24, up 67% y/y to
Focus for the week: July 2024 Inflation review – Inflation moderates for the first time in 19 months
Inflation moderates for the first time in 19 months Nigeria’s July 2024 CPI reading showed that prices rose at a slower pace for the
Focus for the week: SEPLAT ENERGY PLC H1’24 Earnings Release – Operating results soar on growth in other
Income. H1 revenue dips on lower volumes lifted in Q1 Seplat’s H1 results largely mirrored our expectations. Revenue declined 23% y/y