February 26, 2026/CSL Update Financial Highlights: Revenue: +26.0% y/y to ₦1.2Tn Cost of Sales: +18.3% y/y to ₦771.9Bn OPEX: +52.0% y/y to ₦211.7Bn EBITDA: +34.4% y/y to ₦264.5Bn Operating Profit: +34.3% y/y to ₦225.4Bn Profit After Tax: +163.8% y/y to ₦105.0Bn Stock Rating | Target Price: Under Review (Prior: Buy […]
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Market Momentum Softens in Measured Pullback
February 26, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in WAPCO (-8.21%) and ZENITHBANK (-2.20%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.41% to settle at 193,567.81 points Year to date returns […]
Nigerian Equities Loss -0.4%, Dragged by Bellwether Counters
February 26, 2026/Cordros Report EQUITIES The Nigerian equities market ended today’s session on a bearish note, as losses in WAPCO (-8.2%), TRANSCORP (-7.3%), and ZENITHBANK (-2.2%) dragged the All-Share Index lower by 0.4% to 193,567.81 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +17.1% and +24.4%, respectively. The total […]
