February 28, 2025/US SEC Commissioner Caroline A. Crenshaw [1]Today the Commission dismissed its enforcement action against Coinbase, a crypto trading platform. This reverse-course midstream – coupled with recent high-profile stays of other litigations – is not only unprecedented, it ignores 80 years of well-established law. We say we are dismissing […]
Author: InvestAdvocate
NESTLE Q4-24 & 2024FY: Currency Pressure Undermines Performance
February 28, 2025/Cordros Report Nestle Nigeria Plc (NESTLE) published its 2024FY audited financials yesterday, reporting a loss per share of NGN207.65 (2023FY: NGN100.26), undermined by higher finance costs, which were exacerbated by the impact of naira depreciation on the translation of foreign currency-denominated loans and borrowings. However, Q4-24 standalone EPS printed NGN24.82 […]
MTN Nigeria Q4-24 & 2024FY: Q4 Earnings Surge, Sustained Currency Pressures Weigh on 2024 Performance
February 28, 2025/Cordros Report MTN Nigeria Communications Plc (MTNN) published their 2024FY audited financials yesterday (27 February) after market close, reporting a net loss of NGN400.44 billion (vs net loss of NGN137.02 billion in 2023FY), translating to a loss per share of NGN19.05 (2023FY loss per share: NGN6.38). The loss […]
