The reaffirmation reflects ICIEC’s strong credit fundamentals, underpinned by solid financial strength, a low-risk profile, and S&P’s confidence in its robust capital adequacy, sound risk management framework, exceptional liquidity, and sustained financial performance April 23, 2026/ICIEC The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based […]
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Unilever Nigeria Plc Q1-26: Strong Topline Reinforce Earnings Momentum
April 23, 2026/Cordros Report Unilever Nigeria Plc (UNILEVER) published its Q1-26 unaudited results today, posting an EPS of NGN1.22 (+26.4% y/y). Earnings performance was driven by strong revenue growth (+26.0% y/y) and EBITDA margin expansion (+138bps y/y). UNILEVER’s revenue expanded by 26.0% y/y in Q1-26 (Q1-25: +45.4% y/y), reflecting residual pricing effects […]
Dangote Refinery Exports 1.1bn Litres of Aviation Fuel to Europe, Supplies 95% of Nigeria’s Jet A1 – AON
April 23, 2026/Dangote Group The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical pillar of support for Nigeria’s aviation industry, disclosing that the refinery currently supplies over 95 per cent of the Jet A1 fuel consumed nationwide, while also exporting 1.1 billion […]
