April 27, 2025/Dangote Group The Aliko Dangote Foundation (ADF) has provided an ambulance to Mainland Hospital in Yaba, Lagos, bolstering its capacity to manage infectious disease outbreaks and enhance emergency response. For over a decade, Mainland Hospital operated without a functional ambulance, which was a limitation that severely affected the […]
Author: InvestAdvocate
Dangote Cement Plc Q1 2025: Price Increases Drive Robust Profit Growth
April 28, 2025/CSL Research Financial Highlights: Revenue +21.7% y/y to N994.66BN Cost of Sales (ex-depreciation) +1.7% y/y to N359.03BN OPEX (ex-depreciation) +4.33% y/y to N189.58BN EBITDA +49.1% y/y to N461.56BN Operating Profit +55.7% y/y to N397.42BN Profit before Tax +87.5% y/y to N311.97BN Stock Rating: HOLD Target Price: N505.33/s To […]
Nigeria Seeks Ee-Entry into JP Morgan’s Local Currency Emerging Market Index
April 28, 2025/CSL Research The Debt Management Office (DMO) of Nigeria has confirmed that discussions are currently underway for the country to be re-admitted into JP Morgan’s local currency emerging market debt index. This development was disclosed during the recently concluded Spring Meetings of the International Monetary Fund (IMF) and […]
