February 26, 2020/Cordros Report Nigerian Breweries reported a decent Q4-19 result despite the challenging operating environment, with revenue growth hitting a nine-quarter high, and gross margin and EBITDA remaining resilient. The above was driven by slight price increases taken across key brands ahead of the festive season as well as […]

February 25, 2020/InvestmentOne Report ·         Net interest income of N267billion, down 9.66% y/y ·         Non-interest income of N232billion, up 28.98% y/y ·         Profit before tax of N243billion, up 5.01% y/y ·         Profit after tax of N208billion, up 7.97y/y    Last Friday, Zenith bank released Q4 2019 result which showed a […]

February 24,  2020/United Capital Report Better days ahead? According to NB’s FY-2019 financial result, Revenue dipped marginally by 0.4% to N323.0bn amid continued pressures from the stepped-increment in excise duty, which most sub-sector players are yet to fully pass on to final consumers and sustained competition in the core lager […]