January 31, 2025/CSL Research In 2024, fixed-income yields across the curve surged by 8.38 percentage points, primarily driven by the Central Bank of Nigeria’s (CBN) tight monetary policy and aggressive fiscal borrowing. In response to persistently high inflation, the CBN raised the monetary policy rate by 875 basis points, with […]

January 31, 2025/CSL Research Cadbury Nigeria Plc. (Cadbury) reported a 60.7% y/y Revenue growth in its recent unaudited FY 2024 earnings release, with Revenue climbing to ₦129.19 billion from ₦80.38 billion in FY 2023. The topline growth is attributed to increases in product prices, better asset optimization, and the positive […]

January 31, 2025/United Capital Research Guinness Nigeria Plc (“the Brewer” or “the company”), a subsidiary of Diageo Plc (pending the announcement of the completion of Tolaram’s acquisition of Diageo’s 58.02% shareholding in fiscal year 2025, which is expected to end as of 30 June 2025), recorded a decent top line […]