August 12, 2022/CSL Research Palm oil prices reached record highs in 2022, driven primarily by the disruption in the sunflower oil market caused by the Russia-Ukraine war and export restrictions imposed by the Indonesian government. Nigeria, though the fifth-largest producer of palm oil in the world, remains a net importer […]
Results & Dividends
Dangote Cement’s Growth Tapers off in 2Q22
FSDH Initial Reaction: Dangote Cement 2Q22 results Kindly click here to download the report. August 4, 2022/FSDH Research Key Performance Highlights: Dangote Cement posted a 10.3% YoY revenue growth in 2Q22, underperforming its competitor, Bua cement (+45.2% YoY) by a wide margin. The revenue growth was led by Nigeria (+18.3%), […]
Okomu Oil Delivers Robust Performance in 2Q22
FSDH Initial Reaction: Okomu Oil 2Q22 results Kindly click here to download the report. August 4, 2022/FSDH Research Key Performance Highlights: Okomu Oil published its unaudited 2Q22 numbers, with a solid YoY operating performance. Revenue grew 83.1% YoY to N20.3 billion in 2Q22. The revenue growth was primarily driven by […]
