April 16, 2026/InvestmentOne Report Revenue for Q1:2026 grew by 3.75% YoY to NGN122.77bn from NGN118.34 bn in Q1:2025, reflecting a more moderate pace of growth against a higher base. Disaggregation of revenue reveals that domestic sales expanded by 3.30% to NGN120.90bn from NGN116.99bn, while export sales recorded a more pronounced […]

April 15, 2026/Cordros Report In this update, we revise our 2026E outlook for Guaranty Trust Holding Company Plc (GTCO) following the release of its 2025FY results. Post review, we derive a target price of NGN155.97/s (Prev: NGN115.50/s), representing a 23.8% upside and a “BUY” rating. Our valuation is underpinned by […]

April 15, 2026/Dangote Group … Applaud Management Performance, Commitment to Backward Integration  Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives. The Rights Issue, the shareholders reasoned will […]