May 30, 2024/NGX At the 15th Annual General Meeting (AGM) of Dangote Cement Plc held on Tuesday, 28th May 2024, at 11.00 am at the Balmoral Convention Centre, Federal Palace Hotel, Ahmadu Bello Way, Victoria Island, Lagos, the following resolutions were duly passed: Resolutions 1. The Audited Financial Statements and […]

May 29, 2024/FSDH Research Key Performance Highlights: After delivering robust all-around performance in FY23, FBN Holdings maintained positive momentum and published solid 1Q24 results. The 1Q24 gross earnings surged 181.4% YoY to N730.3 billion compared to N259.5 billion in 1Q23, while the operating profit grew to N238.5 billion in 1Q24, […]

May 28, 2024/Cordros Report In this report, we update our views on Nigerian Breweries Plc (NB) for 2024E. Despite a challenging macroeconomic environment, NB demonstrated resilience with an 84.2% y/y revenue growth in Q1-24, driven by product innovation, inflation-led price increases, amid a weak base in Q1-23 which was characterized […]