In Your Interest
May 11, 2026/Cordros Report We update our outlook on Nestle Nigeria Plc (NESTLE) for 2026E following the release of its Q1-26 unaudited results. Earnings performance was driven by revenue growth (+10.6% y/y) and a sharp decline in net finance costs (-92.8% y/y) amid. The sharp decline in net finance costs […]
May 11, 2026/Cordros Report April saw global fixed income markets contend with a difficult mix of geopolitical risk, resurgent inflation, and policy uncertainty. The Middle East conflict remained the key overhang — keeping energy prices elevated, feeding inflation across developed and emerging markets, and further constraining the scope for near-term […]
May 11, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in MTNN (+2.32%) and DANGCEM (+8.46%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 2.33% to settle at 250,481.42 points Year to date returns […]