April 16, 2026/InvestmentOne Report Revenue for Q1:2026 grew by 3.75% YoY to NGN122.77bn from NGN118.34 bn in Q1:2025, reflecting a more moderate pace of growth against a higher base. Disaggregation of revenue reveals that domestic sales expanded by 3.30% to NGN120.90bn from NGN116.99bn, while export sales recorded a more pronounced […]
Author: InvestAdvocate
March 2026 Inflation Report – Headline Inflation Rises Amid Global Energy Price Hike
April 16, 2026/InvestmentOne Report The National Bureau of Statistics (NBS) reported that headline inflation climbed to 15.38% in March 2026, 32bps higher than was printed in the previous month. This is unsurprising, given the impact of the ongoing conflict in the middle east on global crude oil prices and petroleum […]
GTCO 2025FY Update 2026E: Earnings Strength Underpins BUY Rating
April 15, 2026/Cordros Report In this update, we revise our 2026E outlook for Guaranty Trust Holding Company Plc (GTCO) following the release of its 2025FY results. Post review, we derive a target price of NGN155.97/s (Prev: NGN115.50/s), representing a 23.8% upside and a “BUY” rating. Our valuation is underpinned by […]
