Results & Dividends

Excitement in Shareholders Camp as FirstBank Sheds NPL Burden

June 9, 2022/FirstBank of Nigeria With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance […]

Lafarge Africa Plc Q1 2022 Earnings Update: Sufficient room for growth

June 7, 2022/CSL Research A 30.2% y/y increase in cement prices was the main driver of Lafarge Africa’s topline growth (26.8% y/y) in Q1 2022 as volume declined by 3.1% y/y, taking a hit from gas scarcity in its Ewekoro plant, which affected production in the review period. Specifically, Revenue […]

Shareholders Thumb Up NASCON’s Good Performance, Despite Pandemic

June 5, 2022/Dangote Group …wins haulage company of the year Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited (DIL) have commended the food seasoning company over its impressive performance in the year ended December 31, 2021, in spite of the harsh economic operating environment just as […]