March 3, 2025/CSL Research Financial Highlights: Revenue +90.5% y/y to N876.47BN Cost of Sales (ex-depreciation) +114.7% y/y to N551.15BN OPEX (ex-depreciation) +54.8% y/y to N54.47BN EBITDA +79.5% y/y to N179.81BN Operating Profit +93.2% y/y to N144.30BN Profit before Tax +48.2% y/y to N99.63BN Stock Rating: SELL Target Price: N77.52/s In […]
Author: InvestAdvocate
Dangote to Refund Customers Who Purchase PMS above Advertised Rates from Key Partners
…. Absorbs N16bn loss by refunding N65/litre to marketers for Nigerians to benefit from cheaper fuel …Insists Nigerians deserve good quality, affordable fuel products March 2, 2025/Dangote Group Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase Premium Motor Spirit (PMS) at rates higher […]
United Capital Infrastructure Fund Disburses Over N1.98 billion in Dividends to Unitholders
March 1, 2025/United Capital United Capital Infrastructure Fund (UCIF), the infrastructure fund of leading Pan-African financial services group, United Capital Plc, is pleased to announce a total dividend distribution of N1.98 billion to its unitholders, for the year ended 2024. In accordance with its bi-annual distribution structure, the Fund paid […]
