January 31, 2025/United Capital Research Guinness Nigeria Plc (“the Brewer” or “the company”), a subsidiary of Diageo Plc (pending the announcement of the completion of Tolaram’s acquisition of Diageo’s 58.02% shareholding in fiscal year 2025, which is expected to end as of 30 June 2025), recorded a decent top line […]
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Okomu Oil Plc FY 2024 Unaudited: Bottom Line Shrinks in Q4 Due to Seasonality & Elevated OPEX
January 31, 2025/CSL Research Okomu Oil Palm Plc (OKOMUOIL) in its unaudited FY 2024 results reported an impressive 73.4% y/y increase in Revenue, reaching N130.06 billion, up from N74.98 billion in FY 2023, marginally missing our FY2024 estimate of N135.01 billion by 3.8%. However, Revenue was down moderately by 9.8% […]
United Capital Weekly Pan African Monitor Friday 31-January-2025
January 31, 2025/United Capital Anglophone West Africa (WAEMU) Nigeria Insurance sector assets hit N3.88tn in Q3 – NAICOM According to the National Insurance Commission (NAICOM), total assets in the insurance sector expanded by 5.15% to N3.88tn at the end of Q3-2024 compared to N3.69tn reported in the previous quarter. In […]
