Author: InvestAdvocate

UACN Plc H1 2025: Sound Operating Performance Buoyed by Revenue Growth and Cost Efficiency

……Announces agreement to acquire CHI Limited July 30, 2025/CSL Research Financial Highlights: Revenue: +32.6% y/y to ₦110.41Bn Cost of Sales: +27.3% y/y to ₦82.15Bn OPEX: +32.1% y/y to ₦17.04Bn EBITDA: +70.8% y/y to ₦15.06Bn Operating Profit: +89.1% y/y to ₦12.59Bn Profit After Tax: -22.9% y/y to ₦7.36Bn In  its H1 […]

Cadbury Nigeria Plc Q2 2025: Standalone Performance Dragged by Rise in Production Cost

July 30, 2025/CSL Research Cadbury Nigeria Plc delivered strong H1 2025 results, with Revenue up 50.2% y/y to ₦77.25 billion (H1 2024: ₦51.44 billion). Growth was driven by higher domestic sales, particularly in Refreshment Beverages (up 58.5% y/y to ₦49.75 billion, from ₦31.39 billion) and Confectionery (up 69.1% y/y to […]

Western Union, Zoona and Chipper Cash Launch International Money Transfer Services

The move also supports Western Union’s, Zoona’s and Chipper Cash’s shared mission to make financial services accessible to all consumers in Zambia – regardless of their banking status July 30, 2025/Western Union Holdings Inc Western Union, Zoona Transactions Zambia Limited and Chipper Cash today announced the launch of international money […]