April 26, 2024/United Capital Anglophone West Africa (WAEMU) Nigeria Nigeria’s $2.25bn World Bank loan expected June. Wale Edun, Minister of finance and coordinating minister for the economy, announced that the World Bank will, in June 2024, consider and give final approval to Nigeria’s $2.25bn loan request. The loan comprises a […]
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The National Single Window Project
April 26, 2024/CSL Research On Tuesday, 16 April 2024, President Bola Tinubu inaugurated a steering committee on the implementation of the proposed National Single Window Project, a trade facilitation idea enabling international traders to provide required information through a single agency. The committee includes representatives from the Federal Ministry of […]
Dangote Cement Plc Q1-24: Heightened Cost Pressures Slows Bottomline Expansion
April 26, 2024/Cordros Report Dangote Cement Plc (DANGCEM) published its Q1-24 unaudited financials yesterday (April 25), reporting an EPS of NGN6.68 (Q1-23: NGN6.44). The improvement in earnings was supported by the robust topline expansion (+101.0% y/y) in Q1-24, even as pressures from costs (+152.2% y/y), operating expenses (+121.0% y/y) and […]
