April 25, 2024/CSL Research Lafarge Africa reported Revenue growth of 8.6% y/y to N405.50bn for FY 2023 from N373.25bn in the prior period (FY 2022). Similarly, on a q/q basis, Revenue was up by 27.4% to N116.42bn in Q4 2023 from N91.40bn in Q3 2023. The broad-based growth in cement […]
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Nigerian Bourse Gains +0.1%, Driven by Transcorp Hotels Plc
April 25, 2024/Cordros Report EQUITIES Trading activities in the local bourse closed on a positive note today, as buying interest in TRANSCOHOT (+9.8%) triggered a 0.1% gain in the benchmark index. Thus, the NGX ASI closed at 98,169.30 points, as the MTD and YTD returns printed -6.1% and +31.3%, respectively. […]
Bulls Resurface as NGXASI Up by 5bps, Investors Gain N26.64Bn
NGXASI stands at +31.29% (YTD); Naira depreciated by 0.10% to close at N1,309.88 April 25, 2024/Futureview Research Click here to download the full report. Bulls resurfaced in the Nigerian Equities market, halting the bearish momentum as the NGX All-Share Index gained 5 basis points by the close of the day, […]

