January 28, 2025/Cordros Report Unilever Nigeria Plc (UNILEVER) published their Q4-24 unaudited results yesterday reporting a 29.2% decline in standalone earnings per share to NGN0.85 (Q4-23: NGN1.20), bringing 2024FY EPS to NGN2.77 (2023FY: NGN2.86). We attribute the decline in earnings per share to the spike in operating expenses (+44.8x y/y […]

January 23, 2025/Cordros Report Guinness Nigeria Plc (GUINNESS) published its Q2-25 unaudited results this afternoon (23 January), reporting a standalone EPS of NGN5.42 (vs loss per share of NGN3.57 in Q2-24), bringing H1-25 loss per share to NGN0.14 (H1-24 loss per share: NGN2.39). The return to profitability during the quarter […]

January 22, 2025/Chain Reaction Africa Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, today provided a trading update on its Nigerian operations and other markets in Africa, including up-to-date cash collections in its Nigerian business. The update shows that its gross production […]