May 9, 2025/CSL Research According to data from the Nigerian Communications Commission (NCC), active mobile subscriptions in Nigeria declined significantly year-on-year (y/y) in Q1 2025. Total subscriptions dropped by 46.60 million, or 21.3%, falling from 219.30 million in Q1 2024 to 172.71 million in Q1 2025. However, on a month-on-month […]
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United Capital Weekly Pan African Monitor Friday 09-May-2025
May 9, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria Strong customer demand lifts Nigeria’s business activity as PMI holds at 54.2 Nigeria’s private sector sustained its growth momentum into the second quarter of 2025, as strong customer demand underpinned another solid expansion in business activity, according to the latest […]
MTN Nigeria Q1-25 Update: Q1 Performance Reinforces Sentiments; We Remain OVERWEIGHT
May 9, 2025/Cordros Report Cordros Research updates you on MTN Nigeria Communications Plc’s Q1-25 results, adjusting its year-end TP upwards by 7.5% to NGN363.01/s and maintaining a ‘BUY’ rating, with a revised revenue growth and EBITDA margin expectations, while lowering DPS forecast to NGN7.47. We update our views and estimates […]
