April 16, 2024/CSL Research Fidelity Bank’s recently released its FY 2023 audited numbers showed significant y/y growth in Pre-tax profit, driven by significant growths in both Interest and Non-Interest Income. Interest Income grew 55.5% y/y, driven by expansion in earning assets and improved yields on assets. Net Loans to Customers […]

April 15, 2024/CSL Research The growth prospects of Dangote Cement were dampened by various factors in 2023, including the effects of the general election, limited cash availability, currency devaluation and constrained purchasing power. Consequently, the group experienced a decline in sales volumes, dropping by 1.8% year-on-year to 27.28 million metric […]

FSDH Initial Reaction: Zenith Bank FY23 results  Kindly click here to download the report. April 15, 2024/FSDH Research Key Performance Highlights: In line with other Nigeria-based banks, Zenith Bank also exhibited solid FY23 performance, with the gross earnings jumping 125.4% YoY to N2,131.7 billion and the net profit almost tripling […]