FSDH Initial Reaction: MTN Nigeria 1Q24 results Kindly click here to download the report. April 30, 2024/FSDH Research Key Performance Highlights: MTN Nigeria’s 1Q24 results were adversely affected by rising inflation and continued Naira depreciation off an already low base. Despite this, MTNN posted a revenue growth of 32.5% YoY […]
Results & Dividends
Okomu Oil Reports Blockbuster Results in 1Q24
FSDH Initial Reaction: Okomu Oil 1Q24 results Kindly click here to download the report. April 30, 2024/FSDH Research Key Performance Highlights: Okomu Oil maintained its growth momentum in 1Q24, with the revenue surging 79.6% YoY to N43.5 billion in 1Q24 compared to N24.2 billion in 1Q23. The revenue growth during […]
MTN Nigeria Q1’24: FX Losses Drag Bottom-Line
April 30, 2024/CSL Research In its recently released unaudited Q1 2024 results, MTN Nigeria sustained its Revenue growth momentum, reporting a 32.5% y/y growth in Revenue to N752.98bn from N568.14bn in Q1 2023. On a q/q basis, Revenue increased by 8.2% from the N695.90bn recorded in Q4 2023. The growth […]
