March 4, 2026/InvestmentOne Report The National Bureau of Statistics (NBS) reports that, Nigeria s real GDP grew by 4.07% in Q4:2025, up from 3.76% YoY in Q4:2024, marking the strongest quarterly outturn since Q2:2025. Growth was broad-based across agriculture, industry and services, supported by easing inflationary pressures, a stable foreign […]
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External Reserves Hit Record Highs Amid Renewed Investor Confidence
March 4, 2026/CSL Research The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso revealed that the net external reserves, which exclude short-term foreign currency obligations, grew by about 50.5% year-on-year (y/y) to US$34.8 billion by the end of last year. Complementing this, the gross external reserves rose to […]
Airtel Africa Plc 9M-26 Update: Strong Fundamentals, Discounted Valuation
March 4, 2026/Cordros Report In this note, we update our 2026E outlook for Airtel Africa Plc (AIRTELAFRI) following the release of its 9M-26 results. The company reported a strong performance in the period, with revenue up 28.3% y/y, EBITDA margin expanding by 272bps y/y to 48.9%, and EPS rising sharply […]
