March 25, 2025/AFRIMA Media Lagos is set to welcome top music business leaders, celebrities, business executives, and creative industry professionals from around the world as All Africa Music Awards, AFRIMA, partners with bridgeAfric, and UNESCO to host the Showbiz101 Global Workshop and Music Creation Camp. The event, scheduled to take […]
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Coronation Fixed Income and Exchange Rate
March 25, 2025/Coronation Research Summary Last week, system liquidity closed negative at -N1.96tn (21st March, ’25) from -N956.02bn in the previous week, reflecting the tight market conditions. Consequently, the Open Repo Rate (OPR) maintained 32.40% (+0bps), while and the Overnight Rate (O/N) increased higher to 32.90%, (+10bps) from 32.80% in […]
NASCON Allied Industries Plc 2024FY: Earnings Growth Despite Macroeconomic Headwinds
March 4, 2025/Cordros Report NASCON Allied Industries Plc (NASCON) released its 2024FY audited results today, reporting a 11.4% y/y growth in full year EPS to NGN5.77 (2023FY: NGN5.18). The outturn was driven by the marked revenue growth (+48.9% y/y) recorded in the period. The company has announced a final dividend […]