Author: InvestAdvocate

Dangote Cement Plc 2025FY Update | 2026E: Topline and Earnings Growth Expected; HOLD Maintained

April 10, 2026/Cordros Report In this report, we update our views and estimates for DANGCEM for 2026E following the release of its  2025FY results. During the period, the company reported revenue growth of 20.3% y/y, EBITDA margin expansion to 46.0% (+741bps y/y) and EPS growth of 101.3% y/y to NGN59.86. […]

Reforming and Recapitalising Nigeria’s DFIs to Unlock SME Financing

Image CredIt: realkm.com April 10, 2026/CSL Update The Central Bank of Nigeria has signalled a major policy shift aimed at addressing a structural weakness in  Nigeria’s financial system: the severe underfunding of micro, small, and medium-sized enterprises (MSMEs). Despite MSMEs forming the backbone of the economy, their estimated financing need […]

Equities Close Higher as Consumer Stocks Drive Upside

April 10, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in GUINNESS (+9.38%) and WAPCO (+8.52%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.30% to settle at 203,770.42 points Year to date returns rose to settle at 30.95% Market capitalization also rose by 0.30% to close at N131.17tn ($96.49bn) Activity level in the market declined […]