October 24, 2025/CSL Research on the Nigerian Exchange (NGX) within the next one year, according to Chairman Aliko Dangote in a recent interview with S&P Global. We note that the move aligns with the broader strategy of the Dangote Group, following the listing of other subsidiaries such as Dangote Cement […]
Author: InvestAdvocate
FirstBank Integrates PAPSS Into LIT App For Seamless Cross-Border Payments Across Africa
October 24, 2025/FirstBank of Nigeria FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is thrilled to announce the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT app, enabling customers to make instant, secure, and local […]
Lafarge Africa Plc 9M-25 Update Strong Earnings Momentum, but Valuation Caps Upside
October 24, 2025/Cordros Report We update our outlook and estimates for Lafarge Africa Plc (WAPCO) following the release of its 9M-25 results. The company delivered a robust performance during the period, with revenue (+62.8% y/y), EBITDA margin (+986bps y/y), and earnings (+245.9% y/y) all expanding meaningfully. These results were broadly […]
