April 12, 2024/Futureview Research Dangote Cement PLC (“Dangote Cement” or the “Company”) has announced the launch of Series 13 & 14 Commercial Paper offer of up to ₦100 billion under its ₦300 billion Commercial Paper Issuance Programme (the “Offer”). The Offer is NOW OPEN and scheduled to close on Tuesday, […]
Results & Dividends
GTCO 2023FY: Surge in FX Revaluation Gains Drive Bottomline Growth
April 12, 2024/Cordros Report Guaranty Trust Holding Company Plc (GTCO) published its 2023FY audited financials on Monday (08 April), in which the Holdco reported a 220.5% y/y surge in EPS to NGN19.07 (2022FY: NGN5.95) supported by both funded and non-funded income lines. For context, non-funded income was propelled by the […]
UBA FY 2023: Operating Performance, Windfall Gains Drive Strong Profit Growth
April 10, 2024/CSL Research UBA’s FY 2023 audited numbers showed a strong 93.0% y/y growth in Interest Income to N1.1tn driven mainly by growth in Interest Income on Investment Securities, loans and on cash and bank balances. Net Loans to customers grew 66.7% in 2023 compared to December 2022, inclusive […]
