May 8, 2025/Cordros Report EQUITIES The bulls continued to dominate the Nigerian equities market as buying interest in DANGCEM (+1.9%) and TRANSCOHOT (+8.6%) drove a 0.4% increase in the benchmark index to 109,231.96 points. Accordingly, the Month-to-Date and Year-to-Date returns improved to +3.4% and +6.1%, respectively. The total volume of […]
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Airtel Africa Plc 2025FY: Lower Finance Costs Drive Earnings Recovery
May 8, 2025/Cordros Report Airtel Africa Plc (AIRTELAFRI) published their 2025FY audited results today (08 May), reporting an EPS of USD0.06 (vs loss per share of USD0.04 in 2024FY). The turnaround in earnings largely reflects a 51.7% y/y decline in total finance cost to USD821.97 million (2024FY: USD1.70 billion). Meanwhile, […]
Afreximbank Extends EUR15-Million Factoring Line of Credit to Banque Postale du Congo
Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank with Mr. Calixte Tabangoli, Chief Executive Officer of Banque Postale du Congo during the signing ceremony. Image Credit: Afreximbank The facility builds on a strong and evolving partnership between Afreximbank and BPC, which began in 2018 with […]
