November 13, 2025/Cordros Report We revise our outlook on Dangote Cement Plc (DANGCEM) following the release of its 9M-25 results, which reflected a strong operating performance. The company’s revenue grew by 23.2% y/y, largely price-driven, while EBITDA margin expanded by 958bps y/y to 45.3%, as cost discipline held firm with […]
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OGUNCCIMA Decries Suspension of 15% Fuel Tariff, Warns of Impact on Investor Confidence in Energy Sector
November 13, 2025/Dangote Group Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has faulted the Federal Government’s decision to suspend the proposed implementation of the 15 percent import duty on Premium Motor Spirit (PMS) and diesel imports, saying the move could slow down the nation’s progress toward energy […]
Clarification on Capital Gains Tax Framework Restores Investor Confidence
November 13, 2025/CSL Report The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has clarified that Nigeria’s new Capital Gains Tax (CGT) framework will not apply retroactively to past investment gains. This clarification, issued ahead of the full implementation of the reform under the proposed […]
