March 15, 2024/CSL Research On March 11, 2024, the Senate inaugurated a committee tasked with investigating the procurement and utilization of the N30trn ways and means loan acquired from the Central Bank of Nigeria (CBN). According to a report published by the Debt Management Office (DMO) as of 5 May […]
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Verdant Capital Advises UsPlus on $8 Million Senior Unsecured Debt Capital Raise from the US International DFC
Verdant Capital is the sole advisor and arranger of UsPlus’ International debt capital raise and has a strong funding pipeline that will continue to support the business’s success March 15, 2024/Verdant Capital Verdant Capital is pleased to announce that it has acted as financial advisor and arranger of a USD […]
Guinness Nigeria Plc | Q2-24 Update | FX Pressures Weigh on Earnings
March 15, 2024/Cordros Report In this report, we review our estimates and update our views on Guinness Nigeria Plc (GUINNESS) for 2024E, following the release of its Q2-24 earnings. The challenging economic environment, naira devaluation and FX paucity affected the brewer’s performance in Q2-24, as the brewer reported a loss […]
