July 30, 2025/Cordros Report In this report, we update our position and estimates for Unilever Nigeria Plc (UNILEVER) for 2025E, following a stellar H1-25 performance. UNILEVER successfully implemented price increases across their product portfolio alongside achieving moderate volume expansion. This translated into a 53.5% y/y increase in revenue generated in […]
More News
FirstHoldCo H1 2025: Absence of Fair Value Gains and Elevated Impairment Weigh on Profit
July 30, 2025/CSL Research Financial Highlights: Interest Income: +51.7% y/y to N1.44TN Interest Expense: +23.1% y/y to N532.58BN Cost of Risk: +190bps y/y to 4.2% Cost to Income Ratio: +360bps y/y to 50.5% Profit before Tax: -13.6% y/y to N356.1BN Stock Rating: UR First Holdco’s unaudited H1 2025 results showed […]
Dangote Cement Sets to Commission 3Mta Grinding Plant in Côte d’Ivoire
July 30, 2025/Dangote Group Management of Dangote Cement has announced that it will commission the 3Mta grinding plant in Côte d’Ivoire by the third quarter of this year, which is expected to strengthen the company’s position in Africa and contribute significantly to its exports. Chief Executive of Dangote Cement, Arvind […]
