Kindly click here to download the report. April 26, 2022/FSDH Research Key Performance Highlights: BUA Cement reported solid YoY results, with revenue jumping 58.5% YoY, while profit after tax surged 48.2% YoY in 1Q22, outperforming its competitor Lafarge Africa (revenue up +26.8% YoY) comprehensively. However, the 1Q22 performance was boosted […]
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Shockwaves from the War in Ukraine Test the Financial System’s Resilience
April 20, 2022/IMF Global financial conditions have tightened notably and downside risks to the economic outlook have increased as a result of the war in Ukraine (Figure 1). The tightening has been particularly pronounced in eastern Europe and Middle East countries with close ties to Russia, reflecting lower equity valuations […]
Coronation Fixed Income and Exchange Rate (CFEX) Update
April 20, 2022/Coronation Research Summary Opening market liquidity was reported at N272.3bn on Thursday (14 April ‘22). Overnight and repo rates closed within a range of 7- 13%. On a w/w basis, the average NTB yield remained unchanged at 3.3%. At the primary market NTB auction held last week, the […]
