January 30, 2025/United Capital Research The Nigerian Exchange (NGX) closed on a positive note following share price appreciation in DANGCEM (+2.34%) and TRANSCOR (+3.48%). As a result, the benchmark All-Share Index (NGX-ASI) improved by 0.19% to close at 104,744.43 points. YTD returns settled at 1.77%, while market capitalization closed at […]
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Unilever Nigeria Plc Unaudited FY 2024: Discontinued Operations Contribute to Positive Bottom-Line Growth
January 30, 2025/CSL Research Unilever Nigeria Plc. (Unilever) reported a 45.8% y/y Revenue growth in its 9M 2024 earnings release, with Revenue rising to ₦103.85 billion from ₦71.21 billion in 9M 2023. This growth was driven by improved asset optimization, as well as increases in both sales volumes and prices. […]
Airtel Africa 9M 2025: Reduced FX Loss Boosts Profitability
January 30, 2025/CSL Research Airtel Africa’s 9M 2025 financial results revealed a 5.8% y/y decline in Revenue, falling to US$3.66 billion from US$3.88 billion in 9M 2024. However, on a q/q basis, total Revenue showed marginal growth of 4.9%, increasing from US$1.21 billion in Q2 2025 to US$1.27 billion in […]
