——Target price revised upward August 13, 2025/CSL Research Nestle Nigeria Plc reported H1 2025 Revenue of ₦581.12 billion, marking a 42.8% y/y increase from ₦406.97 billion in H1 2024. Growth was driven by strong performances across both business segments: • Food segment: ₦380.79 billion (+46.1% y/y from ₦260.65 billion in […]
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NGXASI Dips -0.13% on Losses in Bellwether Counters
August 13, 2025/InvestmentOne Report The NGXASI declined by 0.13% today to close at 145,865.48pts, as profit taking in WAPCO (-2.14%), ZENITHBANK (-1.96%) and GTCO (-1.31%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market closed negative, driven by selloffs at the short […]
Nigerian Equities Dip -0.1% on Bellwether Losses to Reverse Previous Gain
August 13, 2025/Cordros Report EQUITIES The domestic equities market reversed yesterday’s gains, as losses in WAPCO (-2.1%), ZENITHBANK (-2.0%), GTCO (-1.3%), and NB (-3.9%) dragged the All-Share Index down by 0.1% to 145,864.80 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +4.3% and +41.7%, respectively. The total volume traded […]
