May 8, 2025/InvestmentOne Report The NGXASI rose by 0.35% today to close at 109,231.96pts, as the bargain hunting in TRANSCOHOTEL (+8.62%), STANBIC (+6.47%) and DANGCEM (+1.85%) pushed the local equities market into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note driven […]
Author: InvestAdvocate
Airtel Africa FY 2025: Profit Rebound Driven by Lower FX Losses
May 8, 2025/CSL Research Financial Highlights: Revenue: -0.5% y/y to US$4.96BN Direct Network Operating Costs: +5.2% y/y to US$974M OPEX: +4.2% y/y to US$1.72BN EBITDA -5.8% y/y to US$2.29BN Operating Profit: -11.2% y/y to US$1.46BN Profit before Tax: US$661BN from a Loss before Tax US$63m Stock Rating: BUY Target Price: […]
Bulls Sustain Hold as Nigerian Equities Gain +0.4%, Buoyed by Blue Chips
May 8, 2025/Cordros Report EQUITIES The bulls continued to dominate the Nigerian equities market as buying interest in DANGCEM (+1.9%) and TRANSCOHOT (+8.6%) drove a 0.4% increase in the benchmark index to 109,231.96 points. Accordingly, the Month-to-Date and Year-to-Date returns improved to +3.4% and +6.1%, respectively. The total volume of […]
