January 31, 2024/CSL Research In its unaudited FY 2023 earnings results, UAC of Nigeria Plc’s (UACN) Revenue was up 8.6% y/y to N118.68bn from N109.27bn in FY 2022. The Paints, Packaged Foods & Beverages, and the Quick Service Restaurants (QSR) segments reported the highest growths in sales to the tune […]

January 30, 2024/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q4-23 unaudited financials yesterday (January 29), reporting a 41.6% y/y decline in standalone EPS to NGN6.22 in Q4-23 (Q4-22: NGN10.64) undermined mainly by an uptick in net finance cost (+139.6% y/y) and FX losses (NGN11.50 billion vs FX gains […]

January 30, 2024/Futureview Research FCMB’s Full-Year 2023 Financial Results, released on January 26, 2024, revealed an impressive 83% surge in Gross Earnings to N516.79 billion. This growth was driven by a substantial 1613% increase in other revenue, along with a solid 62% rise in interest income and a notable 38% […]