Focus of the week: NIGERIA BREWERIES PLC – Price increases mask volume decline
VetivaMarch 5, 2024
Robust revenue growth in a challenging landscape Nigerian Breweries navigated a turbulent business landscape in Q4’23, marked by
Focus of the week: NIGERIA BREWERIES PLC – Price increases mask volume decline
VetivaFebruary 28, 2024
Robust revenue growth in a challenging landscape Nigerian Breweries navigated a turbulent business landscape in Q4’23, marked by
VCI West African Equity Index Performance – Q4’23 Market Report
VetivaJanuary 29, 2024
VCI Index shed 0.6% in Q4’23 In 2023, the VCI index faced a downturn, experiencing a year-on-year decline of 13.2%. The main
December 2023 Inflation – Inflation rises to 27-year high
VetivaJanuary 22, 2024
Consumer price inflation ascended to 28.92% y/y, 20bps lower than our estimate (Vetiva: 29.12% y/y) and 72bps above the prior month
Focus of the Week: Banking Sector 2024: FX Revaluation and Capital Issuance
VetivaJanuary 15, 2024
Absence of material FX revaluation gains to drag NIR In 2023, most of our coverage banks recorded material FX revaluation gains;
Focus of the Week: FY’24 SSA Banking Outlook – Core banking to drive growth
VetivaDecember 26, 2023
Nigerian Banks: Core banking to drive growth In 2023, the Nigerian banking industry recorded an impressive performance, driven majorly
Focus of the Week: FY’24 SSA Banking Outlook – Core banking to drive growth
VetivaDecember 18, 2023
Nigerian Banks: Core banking to drive growth In 2023, the Nigerian banking industry recorded an impressive performance, driven majorly
Focus of the Week: FY’24 Nigeria Oil & Gas Outlook – A mired journey ahead
VetivaDecember 12, 2023
FY’24 Nigeria Oil & Gas Outlook – A mired journey ahead The global demand for oil is holding strong, especially in key
Nigeria Gross Domestic Product: Reforms restrict real output growth to 2.54% in Q3.
VetivaDecember 4, 2023
Nigeria Gross Domestic Product: Reforms restrict real output growth to 2.54% in Q3 In Q3’23, Nigeria’s real GDP growth slowed to 2.54%
FOCUS OF THE WEEK: NESTLE NIGERIA PLC 9M’23 EARNINGS RELEASE
VetivaNovember 20, 2023
Nestle Nigeria Plc – Q3 performance insufficient to stem 9M loss. Despite sustained inflation of over 20%, Nestle Nigeria posted