October 27, 2023/CSL Research Stanbic’s 9M 2023 unaudited numbers showed a 72.4%y/y increase in Interest Income to N184.6bn driven by improved yields on risk assets. Q/q (Q3 2023 compared with Q2 2023), Interest Income was up 24.2%. Net Loans to customers was up 46.3% in 9M 2023 compared with the […]

October 27, 2023/CSL Research Presco Plc (PRESCO) in its 9M 2023 results reported an impressive 29.8% y/y growth in Revenue to N76.87bn from N59.21bn (9M 2022). Also, on a q/q basis, Revenue was up 10.3% to N28.8bn (Q3 2023) from N26.16bn (Q2 2023). Its topline growth was driven by improved […]

October 27, 2023/Cordros Report TOTAL published its Q3-23 unaudited financials yesterday (26 October), reporting a 48.9% y/y decline in standalone EPS to NGN5.99 in Q3-23 (Q3-22: NGN11.71) – the lowest since Q4-20 (NGN5.14) – affected mainly by an uptick in net finance cost (+23.6% y/y). As a result, the 9M-23 […]