July 30, 2025/Cordros Report NESTLE published their Q2-25 unaudited results after close of business yesterday (29 July), reporting an earnings per share (EPS) of NGN25.73 in Q2-25, a sharp recovery from the loss per share of NGN43.18 in Q2-24. This brings EPS for H1-25 to NGN63.80 from loss per share […]
Author: InvestAdvocate
IMF Raises the GDP Growth Forecast for Nigeria
July 30, 2025/United Capital Research Bottomline: On 29 July 2025, the International Monetary Fund (IMF) revised upward its forecast for Nigeria’s Gross Domestic Product (GDP) growth rate in 2025 by 0.4% to 3.4%. This follows the 3% projection in its April 2025 World Economic Outlook (WEO) report and the 3.2% […]
Presco Plc Q2-25: Higher Revenue Drives Earnings Expansion
July 30, 2025/Cordros Report Presco Plc (PRESCO) released its unaudited financial statements for Q2-25 this morning (30 July), reporting a strong standalone EPS of NGN41.14, significantly higher than NGN14.82 recorded in Q2-24. This robust earnings performance was primarily underpinned by an exceptional topline expansion, with revenue growing by 130.8% y/y […]
