FSDH Initial Reaction: Okomu Oil 1Q24 results Kindly click here to download the report. April 30, 2024/FSDH Research Key Performance Highlights: Okomu Oil maintained its growth momentum in 1Q24, with the revenue surging 79.6% YoY to N43.5 billion in 1Q24 compared to N24.2 billion in 1Q23. The revenue growth during […]

April 30, 2024/CSL Research In its recently released unaudited Q1 2024 results, MTN Nigeria sustained its Revenue growth momentum, reporting a 32.5% y/y growth in Revenue to N752.98bn from N568.14bn in Q1 2023. On a q/q basis, Revenue increased by 8.2% from the N695.90bn recorded in Q4 2023. The growth […]

April 30, 2024/Cordros Report Lafarge Africa Plc (LAFARGE) released its Q1-24 unaudited financials yesterday (29 April), reporting a marked 65.2% y/y decline in EPS to NGN0.32 (Q1-23: NGN0.93). The notable drop in earnings was driven mostly by the net FX losses (NGN21.80 billion) in the review period amid a spike […]