Author: InvestAdvocate

Market Advances as Corporate Actions Begin

July 28, 2024/United Capital Research Equities Market Summary Today, the Nigerian Stock Exchange Market closed on a positive note following share price appreciation in MTNN (+2.65%) and WAPCO(+3.16%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.57% to close at 135,223.55 points. Year to date returns rose to […]

Unilever Nigeria Plc Q2-25: Revenue Growth Drives Margin Expansion and Profitability

July 28, 2025/Cordros Report Unilever Nigeria Plc (UNILEVER) published their Q2-25 unaudited results this morning (28 July), reporting EPS of NGN2.19 (H1-25 EPS: 2.51 and Q2-24: NGN0.19), driven by solid top-line growth of 61.8% y/y. Following the stellar performance, the company declared an interim dividend of NGN0.50 kobo for every […]

BUA Cement Plc Q2-25: Resilient Topline, Expanding Margins, and FX Tailwinds Lift Earnings

July 28, 20205/Cordros Report BUA Cement Plc (BUACEMENT) published Q2-25 unaudited financials on Friday (25 July), posting a standalone EPS of NGN2.95 (+512.7% y/y), bringing the H1-25 EPS to NGN5.34 (H1-24: NGN1.01). The significant increase in EPS was underpinned by a 42.7% y/y surge in revenue, reflecting a favourable price-volume […]