In Your Interest
August 6, 2024/CSL Research In the first half of 2024, the Nigerian cement industry experienced significant topline growth, with total revenue of all the listed players in the sector rising significantly by 76.67% y/y to N2.42 trillion, compared to N1.37 trillion in the same period in 2023. This robust increase […]
August 5, 2024/FBNQuest Research Downward revisions to our FY 2024 EPS forecast and price target: FCMB Group’s (FCMB) Q2 2024 earnings aligned with our forecasts. Nevertheless, we have cut our FY ’24-25f EPS forecasts by an average of -25%, primarily because of significant downgrades to our funding income forecasts Q2 2024 […]
· strong earnings prospects from the new refinery August 5, 2024/Dangote Group GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of […]