May 4, 2026/United Capital Update Global Markets United States The US Federal Reserve (Fed) held its benchmark interest rate steady at 3.50% – 3.75% for a third consecutive meeting, as policymakers remain cautious amid persistent inflationary pressures. While inflation has moderated from prior highs, it continues to run above the […]
Author: InvestAdvocate
Access Holdings Plc Q1-26: Lower Funding Costs Support Earnings Growth
May 4, 2026/Cordros Report Access Holdings Plc (ACCESSCORP) published their unaudited Q1-26 financials on Friday (May 1), reporting an 18.5% y/y increase in PAT to NGN216.54 billion. The growth in the bottom line was primarily driven by a sizable decline in interest costs (-26.9% y/y) and a 19.1% y/y expansion in non-interest […]
Nestle Nigeria Plc Q1-26: Lower Finance Costs Offset Weaker Operating Leverage
May 4, 2026/Cordros Report Nestle Nigeria Plc (NESTLE) published its Q1-26 unaudited results (30 April), reporting EPS of NGN49.20 (+29.2% y/y). The earnings performance was driven by modest revenue growth (+10.6% y/y) and sharp decline in net finance costs (-92.8% y/y). NESTLE grew revenue by 10.6% y/y in Q1-26 (Q1-25: +144.0% y/y), […]
