Results & Dividends

Oando Announces H1 Unaudited 2024 Results, Reports N2.0 Trillion 51% Growth in Revenue

November 5, 2024/Oando Plc Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading energy solutions provider listed on both Nigerian Exchange Limited and Johannesburg Stock Exchange, today announced its unaudited results for the six months period ended June 30, 2024.‍ OPERATIONAL SUMMARY‍ Upstream:‍ 15% decrease in production: 24,389 […]

Equities Market Preview and Review

November 4, 2024/CSL Research The domestic market experienced a downturn last week, with the benchmark index declining by 2.03% w/w to close at 97,432.02 points and recording losses across all five trading sessions. Consequently, the year-to-date (YTD) return dropped to +30.30% from +33.00% the previous week. Persistent selloffs in index […]

Flour Mills of Nigeria Plc H1 2025: Topline Performance Buoys Profitability

November 4, 2024/CSL Research In its recently released H1 2025 results, Flour Mills of Nigeria Plc. (Flourmill) reported a 76.0% y/y Revenue growth to ₦1,697.48 billion from ₦964.65 billion in H1 2024. On a quarterly basis, Revenue grew by 22.4% q/q, reaching ₦934.29 billion in Q2 2025 compared to ₦763.19 […]