November 15, 2023/CSL Research Guinness Nigeria Plc’s (GUINNESS) Q1 2024 numbers showed resilience across key performance metrics. The renowned foreign extra stout brewer recorded double-digit Revenue growth of 12.7% y/y to N59.54bn (Q1 2024) amidst the nation’s high inflation which has weakened consumer purchasing power. Sales volumes remained pressured in […]

November 13, 2023/Cordros Report In this report, we update our views on FLOURMILL for 2024E. As reflected in the company’s recently released H1-24 numbers, the food producer’s performance was quite underwhelming, as profitability was significantly impeded by higher operating expenses (+73.5% y/y) and net exchange losses (+159.5% y/y), even as […]

November 13, 2023/United Capital Kindly see below company dividend declarations as at Friday, 11-November-2023.   S/N Company Bonus Dividend/Share Type Period Qualification Dates Dividend Yield Closure of Register Payment Date 1 ABC Transport Plc – ₦0.02 Final Dividend 31-Dec-22 26-May-23 1.8% 29 to 31-May To be advised 2 Access Holdings Plc […]