Author: InvestAdvocate

NASCON Allied Industries Plc 2024FY: Earnings Growth Despite Macroeconomic Headwinds

March 4, 2025/Cordros Report NASCON Allied Industries Plc (NASCON) released its 2024FY audited results today, reporting a 11.4% y/y growth in full year EPS to NGN5.77 (2023FY: NGN5.18). The outturn was driven by the marked revenue growth (+48.9% y/y) recorded in the period. The company has announced a final dividend […]

Coronation Fixed Income and Exchange Rate Update

March 4, 2025/Coronation Research Summary Last week, system liquidity rebounded, closing positive at N130.93bn (28th, February ’25), from -N722.57bn in the previous week. Therefore, the Open Repo Rate (OPR) and the Overnight Rate (O/N) decreased to 26.75% and 27.33% respectively. Looking ahead, we expect interbank rates to decline as liquidity […]

Threat of Rising Supply and Demand Destruction Puts Oil Prices Under Pressure

March 4, 2025/Oilprice.com Michael Kern Editor, Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week.       We will then look at some of the key market movers early this week before providing you […]