May 7, 2025/US Federal Reserve Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated. […]
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Dangote Cement Plc Q1-25 Update: We Are Now OVERWEIGHT
May 7, 2025/Cordros Report In this report, we revise our 2025E outlook on Dangote Cement (DANGCEM) following its Q1-25 results. In Q1-25, the company reported a 21.7% y/y increase in revenue, largely driven by a significant 30.5% y/y rise in prices. Revenue growth, along with a moderation in cost growth […]
NGXASI Advance +0.59% on Bargain Hunting in Banking Counters
May 7, 2025/InvestmentOne Report The NGXASI advanced by 0.59% today to close at 109,000.19pts, as the bargain hunting in ETI (+9.86%), GTCO (+3.85%) and ZENITHBANK (+2.08%) pushed the Nigerian equities market into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note driven by […]
