May 21, 2026/Cordros Report In this update, we present our 2026E outlook for Access Holdings Plc (ACCESSCORP) following the release of its 2025FY and Q1-26 results. Following our review, we upgrade our target price from NGN28.07 to NGN36.55, representing a 44.5% upside from the last traded price of NGN25.30, while […]

May 20, 2026/Cordros Report We revise our estimates on DANGCEM following the release of its Q1-26 results, which showed a stronger than expected recovery in cement volumes across both the Nigerian and Pan African markets. The recovery in volumes was supported by improving macroeconomic conditions across key operating markets, higher fiscal […]

—–growth momentum expected to be sustained through FY 2026 May 18, 2026/CSL Research MTN Nigeria Communications Plc delivered a robust Q1 2026 performance, underpinned by strong growth across its core business segments. Total Revenue increased by 41.6% y/y to ₦1.5 trillion, driven primarily by significant expansion in Data Revenue, alongside […]