October 25, 2021/Cordros Report Event: UNILEVER published Q3-21 unaudited result after the close of business on Friday (22nd October), reporting an EPS of NGN0.06 as opposed to a loss per share of NGN0.27 recorded in Q3-20. The positive performance was supported by a 12.5% topline growth and a surge in finance income (+284.0% […]

September 30, 2021/CSL Research FBN Holdings (FBNH) Interest Income in the first half of 2021 declined significantly (down 22.4% y/y) due to lower yields on interest-earning assets relative to H1 2020. However, growth in Non-Interest Revenue, reduced funding costs, lower Impairment Charge and moderate Opex growth resulted in a moderate […]

September 23, 2021/Proshare by FBNQuest Research Increased loss expected in FY ’21 following recognition of N11bn in impairments INTBREW reported a disappointing bottom-line in Q2 ’21, after incurring an impairment loss of NGN11.3bn. This impairment arose from fx losses on the company’s outstanding USD278m loan that was due for repayment […]