April 24, 2025/CSL Research The cement sector has recently delivered a mixed performance, shaped by both encouraging demand trends and persistent macroeconomic challenges. On the upside, rising demand—driven by renewed interest from both government and private sector players—has provided a lift to the industry. However, escalating inflation and continued depreciation […]
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UBA Plc Q1 2025: Strong Growth in Fee and Non-Fee Income
April 23, 2025/CSL Research Financial Highlights: Interest Income: +36.1% y/y to N599.83BN Interest Expense: +77.0% y/y to N247.96N Cost of Risk: +5ps y/y to 0.6% Cost to Income Ratio: -489bps y/y to 52.9% Profit before Tax: +30.7% y/y to N204.27BN Stock Rating: BUY Target Price: N46.40/s To read the full […]
From Aid to Investment: Africa Investment Forum Builds $225B Momentum in Making Continent Bankable
Partners Set Stage for Expanded 2025 Market Days Following Last Year’s Record $29.2B in Investment Interest April 23, 2025/AfDB Buoyed by last year’s successful Africa Investment Forum’s Market Days that generated $29.2 billion of investment interest, its nine founding partners are bracing for an even bigger and better event later […]
