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Access Holdings Plc: Stellar Top line Aids Profitability

November 1, 2024/InvestmentOne Report High Yield Environment Drive Interest Income: As seen from the 9M:2024 result released by Access holdings; the financial institution recorded a stellar top line performance as income from core business remained strong. Interest income came in at NGN2.40trn, representing a 128.71% YoY increase amid the high […]

Asia’s Economies Can Embrace Services to Boost Growth and Productivity

(Credit: JohnnyGreig/iStock by Getty Images) November 1, 2024/IMFBlog (Credit: JohnnyGreig/iStock by Getty Images) By Chikako Baba, Rahul Giri, and Krishna Srinivasan The Asia-Pacific region prospered by becoming the source of more than half of global factory output, but another transformation to higher-productivity services has the potential to further support growth. Employment […]

MTN Nigeria Q3-24: Modest Earnings Recovery in Q3; FX Pressures Undermines 9M Performance

October 31, 2024/Cordros Report MTN Nigeria Communications Plc (MTNN) released Q3-24 unaudited results after the close of business yesterday (30 October). The company reported a standalone profit after tax of NGN4.13 billion for Q3-24 (-94.2% y/y), with EPS at NGN0.20, highlighting the first positive print since Q3-23 (NGN3.41). Consequently, 9M-24 loss […]