August 14, 2025/Cordros Report We update our view and estimates for Nestle Nigeria Plc (NESTLE) after a solid H1-25 showing. While heightened price sensitivity and downtrading pressured volumes, effective price increases between H1-24 and Q1-25 preserved margins, offsetting the 2.9% q/q revenue decline in Q2-25. For the rest of 2025E, […]
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Cadbury Nigeria H1 2025 Update: Poised for a Strong FY 2025 Performance
August 14, 2025/CSL Research Cadbury Nigeria Plc reported H1 2025 Revenue of ₦77.25 billion, marking a 50.2% y/y increase from ₦51.44 billion in H1 2024. Growth was driven by higher domestic sales, particularly in the Refreshment Beverages and Confectionery segments: • Refreshment Beverage segment: ₦49.75 billion (+58.5% y/y from ₦31.39 […]
AfDB Commits $40 Million to Catalyze the Alliance for Green Infrastructure – Project Development Fund
The Alliance for Green Infrastructure in Africa – Project Development Fund is part of the AGIA initiative, led by the African Development Bank, the African Union Commission, and Africa50 August 14, 2025/AfDB Bank’s investment anchors first close of $118 million for Africa’s leading green infrastructure initiative The Fund, […]
