The Protocol is intended to support continent-wide digital trade and help both individual African countries, and the continent as a whole, participate fully in the digital economy of the future by harmonizing rules, standards, and practices July 31, 2024 By Chris LeGrand, CEO, BroadReach Group Earlier this year African heads […]
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MTN Nigeria Communications Plc Q2-24: Currency Pressures Weakens Margins and Drive Losses
July 31, 2024/Cordros Report MTN Nigeria Communications Plc (MTNN) released its Q2-24 unaudited results yesterday (30 July), reporting a loss per share of NGN6.08 (vs loss per share of NGN9.22 in Q2-23), bringing the H1-24 loss per share to NGN24.71 (vs loss per share of NGN4.09 in H1-23). The loss was due […]
Nigerian Breweries Plc H1 2024: Cost and FX Pressures Dent Earnings
July 31, 2024/CSL Research Nigerian Breweries’ H1 2024 financial results revealed a strong 72.9% y/y increase in Revenue, reaching N479.77bn from N277.42bn (H1 2023). Also, on a q/q basis the company’s Revenue grew by 11.2%. This new revenue milestone in H1 2024 is primarily attributed to an approximate 43% overall […]
