August 21, 2023/Cordros Report In this report, we review our estimates and update our views on MTNN for 2023E. So far in the year, MTNN has maintained resilience, as evidenced in its H1-23 results (see our First Glance report here) despite the effects of Nigeria’s FX market liberalisation, which triggered […]

August 21, 2023/Cordros Report Kindly click on the links to access our updated views on NASCON (HOLD, TP: NGN37.46/s) DANGSUGAR (HOLD, TP: NGN38.26/s), NESTLE (HOLD, TP: NGN1,308.19/s), UNILEVER (HOLD, TP: NGN17.37/s), GUINNESS (HOLD, TP: NGN72.08), and INTBREW (HOLD, TP: NGN4.48/s).  We maintain our positive outlook for NASCON for 2023E and raise our TP to NGN37.46/s (previously: NGN25.24/s) but downgrade the stock […]

August 18, 2023/United Capital Kindly see below company dividend declarations as at Friday, 18-August-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 3.1% 29 to 31-May To be advised 2 Access Holdings Plc […]