Results & Dividends

NGX Declares Highest Dividend in Its History of N2.00 Per Share

……Reports 157.3% Surge in Profit Before Tax to N13.6bn in 2024 ….Board Approves Record N4.4bn Dividend for Shareholders February 28, 2025 /NGX Nigerian Exchange Group Plc (NGX Group or the Company) has announced its audited  financial results for the year ended 31 December 2024, delivering a record-breaking profit before tax […]

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 […]