August 1, 2022/CSL Research Despite a steady growth in Revenue, Nestle Nigeria plc’s Gross Margin caved-in to inflationary pressure. The FMCG giant retained its upbeat Revenue growth, up 29.8% y/y to N222.45bn (H1 2022) from N171.44bn (H1 2021). This was supported by growth in both Food Products and Beverages segments. […]

July 30, 2022/Trancorp Group HIGHLIGHTS PBT grew Significantly by 85%   Group Revenue grew by 18% Year on Year. Hotel Business witnesses’ tremendous growth with a 2451% growth in profit before tax and on Track to see record PBT in 2022. Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerates with […]

July 29, 2022/ Strategic Effects Limited Retail lender, Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17% year-on-year. In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the Bank also made significant improvements across key performance […]