Author: InvestAdvocate

FBN Holdings Plc 9M-24: Solid Funded and Non-Funded Income to Sustain Topline Growth

November 18, 2024/Cordros Report In this report, we update our views on FBN Holdings Plc (FBNH). FBNH reported a 125.1% y/y surge in EPS in their recently released 9M-24 financials, driven by substantial increases across the group’s core (+164.6% y/y) and non-core (+82.4% y/y) income lines.  The significant growth in […]

United-Capital-Research-Investment-Views-This Week 18th November to 22nd November 2024

November 18, 2024/United Capital Research Global Economies: Markets Broadly Underperformed US markets commenced the week from the previous week’s rally, but later consolidated, with the S&P 500 pulling back 2.10% w/w, testing its 20-day moving average. President-elect Trump’s cabinet nominations have prompted investors to reconsider the potential policy impacts on […]

Headline Inflation Rises Again in October

November 18, 2024/CSL Research As anticipated, Nigeria’s headline inflation rose to 33.88% in October 2024, marking the second consecutive monthly increase after two months of decline in July and August. This represents an uptick of 1.18 percentage points from the 32.70% y/y recorded in September. Compared with the same period […]