January 31, 2025/Cordros Report Okomu Oil Palm Plc (OKOMUOIL) published its Q4-24 unaudited financials after the close of business yesterday (30 January), reporting a standalone EPS of NGN6.22 (Q4-23: NGN0.26), bringing 2024FY EPS to NGN35.93 (2023FY: NGN22.19). We attribute the improved earnings to the sturdy revenue growth (+82.1% y/y) and […]

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 […]