Other News

Dangote Cement Plc FY 2023: A Strong Performance

March 1, 2024/CSL Research Dangote Cement’s recently released FY 2023 results showed the company’s Revenue increased by 36.4% y/y, to N2.21tn for FY 2023 from N1.62tn in 2022. Quarterly, performance was resilient, as Revenue was up by 23% q/q to N693.49bn in Q4 2023 from N563.77bn in Q3 2023. Given […]

Golden Oil Funding Announces Up to ₦5Bn Series 2 Asset-Backed Commercial Paper Issuance

March 1, 2024/FSDH Research FSDH Capital has announced the launch of Golden Oil Funding SPV PLC (“the Issuer”) up to ₦5 billion Series 2 Asset-Backed Commercial Paper Issuance (“the Transaction”) under the company’s ₦15 billion Asset-Backed Commercial Paper Programme. The proposed Issuance is for a 93-day tenor and the notes […]

Market Closes Red as NGXASI Dips -123 bps, Investors Loss N672.12Bn

—–NGXASI stands at +32.07% (YTD); Naira appreciated by 2.94% to close at ₦1,548.25 March 1, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: The domestic bourse concluded the week with a downturn as bears outpaced bulls in market activity. The NGX All-Share Index experienced a decline of […]