March 4, 2024/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released its 2023FY audited financials over the weekend, reporting a loss per share of NGN6.07 (2022FY EPS: NGN4.51). The loss for the year was triggered by mounting pressure from COGS (+14.1% y/y) and OPEX (+26.0% y/y) and the elevated net finance […]
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Troubled naira? Rising Inflation? How to protect your business and investments. An Explainer
March 4, 2024/Coronation Research By Omoleye Omoruyi The Nigerian economy faces a dual challenge: the drastic depreciation of the Naira and soaring inflation rates. But first, what is driving the fall of the naira? The Nigerian Naira (NGN) has experienced significant depreciation against major currencies. As the exchange rate fluctuates, […]
Africa Prudential Makes History with First Female CEO, Catherine Nwosu
March 4, 2024/CAMCAN Lagos, Nigeria – January 29, 2024 – Africa Prudential Plc the pioneering registrar listed on the Nigerian Exchange Group (NGX Group), has announced a historic leadership transition. Effective March 1, 2024, Catherine Nwosu will become the company’s first female CEO, marking a significant milestone in its history. […]
