January 31, 2025/Cordros Report Okomu Oil Palm Plc (OKOMUOIL) published its Q4-24 unaudited financials after the close of business yesterday (30 January), reporting a standalone EPS of NGN6.22 (Q4-23: NGN0.26), bringing 2024FY EPS to NGN35.93 (2023FY: NGN22.19). We attribute the improved earnings to the sturdy revenue growth (+82.1% y/y) and […]
Author: InvestAdvocate
NGXASI Dips -0.24% on Losses in Bellwether Counters
January 31, 2025/InvestmentOne Report The NGXASI declined by 0.24% today to close at 104,496.12pts, as losses in OANDO (-10.00%), STANBIC (-9.94%) and GTCO (-2.01%) drove the local bourse into the red zone. In the fixed income space, the Treasury Bills secondary market closed flat with a slightly negative tilt. As such, Average T-Bills […]
Nigerian Equities Close Week Bullish +0.9% on Gains in Blue Chips
The Nigerian equities market closed the week higher as investors responded positively to a slew of corporate earnings results and dividend declarations. Precisely, gains in NESTLE (+11.4%), STANBIC (+8.2%) and NB (+15.5%) drove the All-Share Index (ASI) higher by 0.9% w/w. January 31, 2025/Cordros Report Global In line with market […]
