November 12, 2021/Proshare By FBNQuest Research Product price increases provided earnings support We have made negligible changes to our price target and near-term earnings estimates. Q3 earnings were up significantly y/y and in line with our forecasts. Similar to Q2, an upward price adjustment drove the strong results, offsetting lower […]
Results & Dividends
Conoil Offers N1.50 Kobo Dividend, Assures Shareholders of Competitive Returns
November 12, 2021/Conoil Plc The nation’s total energy provider, Conoil Plc has reiterated its resolve to maintain its leadership position in the downstream petroleum sector by building a stronger financial position and creating higher values for its shareholders. At its 51st Annual General Meeting held on Friday in Lagos, the company assured […]
MTN Nigeria Q3 2021 Results Reflects Solid Fundamentals in the Medium Term
November 10, 2021/Proshare by FBNQuest Research 3% average increase to our EPS forecasts, and price target Once again, MTNN delivered a five-star performance for its Q3 ’21 results. Excluding voice revenue which grew by mid-single digits y/y, all the major revenue segments including data, fintech and digital produced high double-digit growth within […]
