February 26, 2026/CSL Update Financial Highlights: Revenue: +53.0% y/y to ₦1.1tn Cost of Sales (ex-dep): +29.1% y/y to ₦416.7bn OPEX (ex-dep): +43.1% y/y to ₦227.0bn EBITDA: +92.0% y/y to ₦426.9bn Operating Profit: +103.2% y/y to ₦392.1bn Profit Before Tax: +169.7% y/y to ₦411.3bn Stock Rating: BUY | Target Price: 214.4/s […]
Author: InvestAdvocate
Nigerian Equities Loss -0.4%, Dragged by Bellwether Counters
February 26, 2026/Cordros Report EQUITIES The Nigerian equities market ended today’s session on a bearish note, as losses in WAPCO (-8.2%), TRANSCORP (-7.3%), and ZENITHBANK (-2.2%) dragged the All-Share Index lower by 0.4% to 193,567.81 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +17.1% and +24.4%, respectively. The total […]
NGXASI Dips -0.41% on Losses in Blue Chips
February 26, 2026/InvestmentOne Report The NGXASI declined by 0.41% to close at 193,567.81pts, as losses recorded in WAPCO (-8.21%), TRANSCORP (-7.27%) and ZENITHBANK (-2.20%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a relatively quiet note. Consequently, […]
