Focus for the week: TOTAL NIGERIA PLC 9M’24 Earnings Release: Higher pricing drives turnover growth
VetivaNovember 18, 2024
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: FLOUR MILLS OF NIGERIA PLC H1’25 Earnings Release
Chris IkosaNovember 12, 2024
Margin pressure undermines revenue growth In Q2’25, Flour Mills of Nigeria (FMN) reported a robust 84% y/y increase in revenue to
Focus for the week: PRESCO PLC 9M’24 Earnings – Elevated pricing sustains topline growth
VetivaNovember 4, 2024
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
VetivaOctober 28, 2024
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
VetivaOctober 21, 2024
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
VetivaSeptember 24, 2024
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
VetivaSeptember 17, 2024
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
VetivaSeptember 2, 2024
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
VetivaAugust 27, 2024
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: FLOUR MILLS OF NIGERIA PLC Q1’25 Earnings Release – Company returns to profitability
Businessam StaffAugust 13, 2024
Higher topline lifts overall performance In Q1’25, Flour Mills reported a 67% y/y increase in revenue to ₦763.2 billion. This growth