April 27, 2022/CSL Research UBA’s Q1 2022 unaudited numbers showed a moderate 15.2% y/y growth in Interest Income to N125.1bn driven mainly by a significant growth in Interest Income on bonds (up 73.4% y/y). Interest Expense on the other hand was up 17.5% y/y on the back of a 61.5% […]

April 26, 2022/Cordros Report BUA Cement published Q1-22 unaudited financials last week Friday (April 22), which showed that PAT expanded by 48.2% y/y to NGN33.14 billion while EPS settled at NGN0.98 (+48.2% y/y). The growth in EPS was due to the double-digit topline growth and moderation in net finance cost. […]

Kindly click here to download the report. April 26, 2022/FSDH Report Key Performance Highlights: On 22/4, Stanbic bank reported solid 1Q22 results, with the total income rising a sharp 43.3% YoY to N55.8 billion, primarily due to a 47.7% YoY rise in net interest income to N23.4 billion, coupled with […]