August 22, 2024/CSL Research Guinness Nigeria Plc reported a 30.5%y/y growth in revenue for the fiscal year 2024 (July–June), rising to N299.49bn from N229.44bn in FY 2023. The company’s top-line performance improved slightly q/q, up 1.9%. The y/y growth in Revenue was largely driven by a price increase of approximately […]

August 20, 2024/CSL Research In H1 2024, MTN Nigeria saw substantial growth driven primarily by double-digit increases in both voice (+12.4% y/y to N632.38 billion) and data (+54.7% y/y to N727.33 billion), despite experiencing inflationary pressures which increased Operating Expenses significantly (+51.4% y/y to N404.63 billion). For 2024, we maintain […]

August 20, 2024/InvestmentOne Report Lafarge Africa Plc posted a 49.52% YoY revenue growth to NGN295.58bn in H1:2024, after recovering from the slower sales recorded in the first half of the previous year. The strong growth was primarily driven by a hike in cement prices coupled with volume expansion following the […]