March 1, 2024/US SEC The Securities and Exchange Commission today announced settled charges against New York-based investment adviser HG Vora Capital Management LLC for its failure to make timely ownership disclosures in the lead-up to its May 2022 acquisition bid for trucking fleet company Ryder System Inc. HG Vora agreed […]
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MTNN’s Strong Revenue Growth overshadowed by soaring costs and Forex losses in FY23
FSDH Initial Reaction: MTN Nigeria FY23 results Kindly click here to download the report. March 1, 2024/FSDH Research Key Performance Highlights: In FY23, the economic landscape was significantly shaped by escalating inflation, sharp currency devaluation, foreign exchange shortages, and geopolitical disturbances. Despite this challenging operational environment, MTNN recorded a revenue […]
BUACEMENT, MTNN Trigger -3.3% Weekly Loss Following Unfavourable MPC Outcome
Sell pressures on MTNN (-18.9%) and BUACEMENT (-10.0%) triggered a 3.3% w/w decline in the All-Share Index to 99,765.90 points. March 1, 2024/Cordros Report Global Economy Preliminary estimates released by the Eurostat showed that consumer prices in the Euro Area maintained their downward trend, easing by 20bps to 2.6% y/y […]