August 22, 2024/InvestmentOne Report The NGXASI declined today by 0.12% to close at 95,718.05pts as losses in TRANSCOHOT (-10.00%), STANBIC (-4.74%) and BUAFOODS (-0.24%) drove the domestic equities market into the red zone. In the fixed income space, the Treasury Bills secondary market closed positive as there was optimistic sentiment along […]
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Guinness Nigeria FY 2024: A Relapse in Recovery Due to Cost and FX Pressures
August 22, 2024/CSL Research Guinness Nigeria Plc reported a 30.5%y/y growth in revenue for the fiscal year 2024 (July–June), rising to N299.49bn from N229.44bn in FY 2023. The company’s top-line performance improved slightly q/q, up 1.9%. The y/y growth in Revenue was largely driven by a price increase of approximately […]
