March 20, 2023/CSL Research Stanbic IBTC’s FY 2022 numbers showed a 50.1y/y increase in Net Interest Income to N113.1bn. Q/q, Net Interest Income was up 14.2% (Q4 compared with Q3). The y/y growth in Interest Income was driven by both increase in volume of risk assets and growth in average […]
Results & Dividends
Domestic Financial Market Company Update
Image Credit: United Capital Research March 16, 2023/United Capital Research S/N Company Dividend/Share Qualification Dates Effective yield 1 Geregu Power Plc ₦8.00 27-Feb-23 2.5% 2 MTN Nigeria Communications Plc ₦10.00 27-Mar-23 4.0% 3 Nigerian Breweries Plc ₦1.03 16-Mar-23 2.5% 4 BUA Cement Plc ₦2.80 To be advised 2.8% 5 […]
Dangote Cement Plc FY/Q4 22: Higher Operating Costs Hinders Impressive Profitability
March 9, 2023/InvestmentOne Report Steady Top-line Growth: Full year 2022- up 16.96% y/y, Q4 2022- up 22.03% y/y and 19.46% q/q. Mixed gross margin performance: Full-year 2022- down 114 bps y/y, Q4 2022- up 0.25% y/y and 3.11% q/q. Increasing Opex/Sales ratio: Full-year 2022- up 468bps y/y, Q4 2022- up 584bpsy/y […]
