January 28, 2025/Cordros Report Unilever Nigeria Plc (UNILEVER) published their Q4-24 unaudited results yesterday reporting a 29.2% decline in standalone earnings per share to NGN0.85 (Q4-23: NGN1.20), bringing 2024FY EPS to NGN2.77 (2023FY: NGN2.86). We attribute the decline in earnings per share to the spike in operating expenses (+44.8x y/y […]
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Nigeria’s Public Debt Rises to N142.32Tn in Q3 2024
January 28, 2025/CSL Research Recent data from Nigeria’s Debt Management Office (DMO) reveals that the country’s total public debt reached ₦142.32 trillion (US$88.89 billion) by the end of Q3 2024. This represents a 5.97% increase from ₦134.30 trillion (US$91.35 billion) recorded at the end of Q2 2024 and a significant […]
Trump 2.0: Impact on Emerging Markets & Nigeria
January 28, 2025/Cordros Report President Donald Trump was officially inaugurated on 20 January as the 47th President of the United States of America, marking the beginning of his second term in office. Notably, he signed 26 executive orders immediately after being sworn in as president. While his administration has proposed […]
