May 9, 2025/InvestmentOne Report The NGXASI fell by 0.46% today to close at 108,733.40pts, as the bargain hunting in TRANSCORP (-4.55%), TRANSCOHOT (-2.54%) and ACCESSCORP (-2.54%) pushed the local equities market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note […]
Author: InvestAdvocate
Emirates Emerges as the World’s Most Profitable Airline, as Profits Hit $6.2 Billion
May 8, 2025/JSP Communications Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to […]
GTCO Plc Q1-25 Update: We Model a Modest Profitability Growth
May 8, 2025/Cordros Report GTCO released its Q1-25 results, reporting the highest EPS in the industry (NGN7.84). However, this print was a sharp decline from the EPS reported in the corresponding period (Q1-24: NGN16.23). We cite that the group recorded strong core growth (+41.1% y/y), however, the lower non-core income […]
