November 12, 2024/Cordros Report UNILEVER delivered solid Q3-24 results, with notable gains in revenue and gross margin expansion. Nevertheless, the company continues to face considerable pressure from rising operating costs, mainly due to naira devaluation and inflation. Looking ahead, we anticipate sustained revenue growth, bolstered by price increases and seasonal […]
Author: InvestAdvocate
Public Debt Stock Rises Modestly by 10% to N134.3trn as of June 2024
November 12, 2024/FBNQuest Research The most recent update from the Debt Management Office (DMO) on Nigeria’s debt stock shows that the nation’s debt burden increased by N12.6trn, or (+10% q/q), to N134.3trn (US$91.3bn) as at end-June 2024. Two factors contributed to the modest rise. The first is the depreciation of […]
FBN Holdings Plc Opens Rights Issue of 5,982,548,799 Ordinary Shares of 50 Kobo Each at ₦25.00 Per Share
November 12, 2024/Futureview Research FBN Holdings PLC (“FBN Holdings” or the “FBNH” or the “Issuer”) opens Rights Issue of 5,982,548,799 ordinary shares at 50 kobo each, priced at N25.00 per share, available on the basis of 1 new ordinary share for every 6 existing shares held as at the close of […]
