October 25, 2025/Cordros Report DANGCEM published their Q3-24 unaudited financials today (25 October), reporting a 9.9% y/y decline in Q3-24 standalone PAT with EPS declining by 6.8% y/y to N5.29. The earnings decline was mainly due to a 60.4% y/y growth in COGS (ex-depreciation), and a 406.3% y/y increase in […]
Author: InvestAdvocate
Nigerian Stocks End Week Bullish +1.4%, Buoyed by Blue Chips
Accordingly, the All-Share Index advanced by 1.4% w/w to 99,448.91 points, following strong investors’ interest in SEPLAT (+9.3%) after the Federal Government approved Seplat Energy Plc’s acquisition of Mobil’s assets, and bargain-hunting in UBA (+18.5%), OANDO (+16.4%), and FBNH (+10.6%). October 25, 2024/Cordros Report Global According to S&P Global, the […]
CBN Says No Deadline on Circulation of Old Series of Naira Banknotes
October 25, 2024/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to discussions at different fora suggesting that the old series of the N200, N500, and N1,000 banknotes shall cease to be legal tender on December 31, 2024. We wish to state categorically that such claims […]
