October 2024/InvestmentOne Report Impressive Topline Growth: BUA Cement Plc recently released its unaudited result for 9M:2024, revealing a 73.70% YoY growth in revenue to NGN583.41bn. The strong revenue growth was primarily driven by a hike in cement price in line with industry trend during the period. Largely owing to the […]
Author: InvestAdvocate
MTN Nigeria 9M 2024: FX Losses amidst Cost Pressures Drag Bottom-Line
October 31, 2024/CSL Research In its recently released unaudited 9M 2024 results, MTN Nigeria sustained its Revenue growth momentum, reporting a 33.7% y/y growth in Revenue to N2.37tn from N1.77tn in 9M 2023. On a q/q basis, Revenue increased by 5.7% to N831.12bn in Q3 2024 from N786.14bn recorded in […]
FBN Holdings Plc: Strong Earnings Support Profitability
October 31, 2024/InvestmentOne Report Upbeat Income from Core Business: According to financials released by FBNH for the period ending September 2024, the bank recorded impressive performance as gross earnings improved by 128.56% YoY to NGN2.25trn. This was on the back of the increase in both interest and non-interest income in […]
