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Nascon Allied Industries Plc Q2-25 Update: Profitability Gains to Sustain 2025E Performance

August 14, 2025/Cordros Report In this note, we update our estimates and outlook on NASCON Allied Industries Plc (NASCON). As we noted in our summary, the producer’s number remained resilient driven by increased sales and sustained efficiency gains, despite heightened consumer price sensitivity. Specifically, we like that NASCON was able […]

Guinness Nigeria Plc 12M-25 Update: Operational Efficiencies Support Earnings Outlook

August 14, 2025/Cordros Report We update our views on Guinness Nigeria Plc (GUINNESS) following the release of their 12M-25 unaudited results. After posting a NGN54.77 billion loss in 12M-24, GUINNESS delivered a 12M-25 PAT of NGN16.20 billion, marking strong earnings rebound driven by a combination of aggressive price-led growth, product […]

FirstBank Agric and Export Conference: Charting a New Course for Non-Oil Exports

August 14, 2025/FirstBank of Nigeria FirstBank, the premier West African financial institution and financial inclusion service provider is proud to announce the 2025 edition of the FirstBank Agric and Export Conference themed “The Fundamentals of Building a Non-Oil Export Driven Economy“, which will take place on Tuesday, August 19, 2025, […]