November 19, 2025 By Our Reporter Politics, conspiracies, and back-stabbing among top officials of the Nigerian Electricity Regulatory Commission (NERC) have dominated the media space following the expiration of the tenure of the Chairman in June 2025 and indications that the tenure of the Vice Chairman of NERC would lapse […]
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MTN Nigeria Communications Plc 9M-25 Update 2025E: BUY Rating Affirmed
November 19, 2025/Cordros Report We update our views on MTN Nigeria Communications Plc (MTNN) following its 9M-25 unaudited results, which showed solid revenue growth (+57.5% y/y), a 15.10 ppts y/y expansion in EBITDA margin to 51.4%, and an EPS of NGN35.77. The performance was driven by robust data demand, an […]
Nigeria’s Foreign Reserves Hit Seven-Year High of $46.7Bn
November 19, 2025/CSL Update Nigeria’s external reserves have climbed to their highest level in seven years, reaching US$46.7 billion as of 14 November 2025, according to the Central Bank of Nigeria (CBN). The CBN Governor, Olayemi Cardoso, noted that this milestone, which was last recorded in 2018, reflects renewed investor […]
