Author: InvestAdvocate

GTCO 2025FY Update 2026E: Earnings Strength Underpins BUY Rating

April 15, 2026/Cordros Report In this update, we revise our 2026E outlook for Guaranty Trust Holding Company Plc (GTCO) following the release of its 2025FY results. Post review, we derive a target price of NGN155.97/s (Prev: NGN115.50/s), representing a 23.8% upside and a “BUY” rating. Our valuation is underpinned by […]

New Funds Boost West Africa’s Private Sector

The project will also deliver targeted support, including training of trainers, to 80 small and medium-sized enterprises (SMEs) that are ready to start exporting their products April 15, 2026/AfDB The Board of Directors of the African Development Fund (ADF) has approved a grant of 1.7 billion CFA francs to finance […]

Dangote Sugar Shareholders Approve Landmark N500bn Rights Issue for Strategic Expansion

April 15, 2026/Dangote Group … Applaud Management Performance, Commitment to Backward Integration  Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives. The Rights Issue, the shareholders reasoned will […]