In Your Interest
May 4, 2026/Cordros Report Access Holdings Plc (ACCESSCORP) published their unaudited Q1-26 financials on Friday (May 1), reporting an 18.5% y/y increase in PAT to NGN216.54 billion. The growth in the bottom line was primarily driven by a sizable decline in interest costs (-26.9% y/y) and a 19.1% y/y expansion in non-interest […]
May 4, 2026/Cordros Report Nestle Nigeria Plc (NESTLE) published its Q1-26 unaudited results (30 April), reporting EPS of NGN49.20 (+29.2% y/y). The earnings performance was driven by modest revenue growth (+10.6% y/y) and sharp decline in net finance costs (-92.8% y/y). NESTLE grew revenue by 10.6% y/y in Q1-26 (Q1-25: +144.0% y/y), […]
Fiscal pressures in developing countries make stronger domestic revenue systems more important than ever May 4, 2026/IMFBlog By Mario Mansour, Fayçal Sawadogo Developing countries face major difficulties as income from natural resource extraction industries decreases and wealthier nations reduce their aid. Nontax revenue from natural resources extraction and foreign aid grants for […]