—NGXASI stands at +31.36% (YTD); Naira depreciated by 0.32% to close at N1,421.06 May 8, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The Nigerian Equities market closed flat today as the NGX All-Share Index recorded minimal decline, closing at 98,223.97 points, up from the previous session’s […]
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NASCON Allied Industries Plc Q1-24: Navigating Currency Volatility and Rising Costs
May 8, 2024/Cordros Report In this report, we update our views on NASCON Allied Industries Plc (NASCON) for 2024E. Despite robust top-line growth (+39.5% y/y), earnings declined (-25.0% y/y to NGN1.23 billion) due to a significant net FX loss (NGN3.06 billion: Q1-23: Nil) and higher operating expenses (+43.3% y/y to […]
Tunisia’s Artificial Intelligence (AI) Potential: A Path to Economic Growth and Job Creation
GITEX Africa 2024 showcases the role of artificial intelligence in solving real-world problems May 8, 2024/GITEX Africa Artificial intelligence is changing the face of the world, and the African continent is no different. Recognizing this, GITEX Africa 2024, the continent’s largest tech and startup exhibition scheduled from 29-31 May in […]
