Results & Dividends

Dangote Cement Q2-21 Update: Earnings Outlook Still Positive; TP Upgraded but Upside Limited

August 5, 2021/Cordros Report We maintain our positive outlook on Dangote Cement; however, we expect the momentum in earnings growth to moderate in H2-21 due to currency and inflationary pressures. That said, we expect a favourable price volume mix across its regions of operations combined with robust balance sheet management […]

Oando Announces 42nd AGM for August 31, 2021

August 4, 2021/NGX Notice is hereby given that the 42nd (Forty-Second) Annual General Meeting (the “Meeting”) of Oando PLC (the “Company”) will be held on Tuesday, 3 1 st August 2021, at 10:00 a.m. at The Wings Office Complex, 17a Ozumba Mbadiwe Avenue, Victoria Island, Lagos, Nigeria, by proxies, for […]

Total Nigeria Plc Q2-21: Still the Cream of the Crop

August 3, 2021/Cordros Report TOTAL remains our top pick in the oil and gas downstream sphere, given its market leadership status and robust distribution network (over 560 outlets; 23.0% of major marketers’ outlets). As evidenced so far in 2021, TOTAL has leveraged its scale in making up for the pandemic-induced […]