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 […]

February 20, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released the Purchasing Managers’ Index (PMI) survey for January 2025, covering three key sectors: Industry, Services, and Agriculture. The January 2025 composite PMI score stood at 50.2 points, indicating an expansion in economic activities for the second consecutive month […]

February 11, 2025/CSL Research Despite Nigeria’s large population and abundant agricultural resources, the country faces significant challenges in achieving food security. Economic, political, environmental, and social factors have contributed to widespread food insecurity. According to the 2024 Global Hunger Index (GHI) and the United Nations Food and Agriculture Organization (FAO), […]