WHO gives insights on efficiency of HPV Vaccine
The World Health Organization’s Strategic Advisory Group of Experts on Immunization (SAGE) has announced that a single dose of HPV vaccine – instead of the traditional two or three doses – delivers solid protection against human papillomavirus (HPV). Infection of…
Dangote Cement plc: The African Colossus
In this report, Coronation Research Group discusses the investment case for Dangote Cement. Spanning 2021, DANGCEM recorded double-digit revenue growth for the second consecutive year (Group: +33.8% y/y) in both Nigeria and its rest of Africa (Pan-African) operations. This translated…
‘My Konga experience shows there’s hope for Nigeria’
By Caleb Ibeh At the height of the lockdown caused by the COVID-19 pandemic, I had been resident in the United States of America as a visiting researcher. The opportunity, I must confess, opened my eyes to the power and…
WWD: Dangote, others raise concern over ground water protection
Extractive industries have been urged to prioritize the protection of groundwater in a bid to preserve the environment for the benefit of all. To do this, businesses were urged to deliberately incorporate the protection of groundwater in their operational designs…
UNILEVER’s high exposure to FX risk remains a key downside risk
Stock market pundits say they hold a cautious outlook on UNILEVER in the near term, mainly due to the increasing price competition in the home and personal care (HPC) segments from listed and unlisted brands amid the tight consumer wallet….
FMN Plc bags ISO 27001 certification for cyber security
Leader in the Fast-moving consumer goods (FMCG), Flour Mills of Nigeria PLC, recently passed the PECB ISO 27001certification audit for its Information Technology (IT) and cybersecurity framework and policies. This certification has placed Flour Mills of Nigeria PLC as the…
BUA reports PAT growth of 24.5% y/y to NGN90.08bn
BUA Cement published 2021FY audited financials at the close of business Tuesday, reporting PAT growth of 24.5% y/y to NGN90.08 billion while EPS settled at NGN2.66 (+24.5% y/y). The growth in EPS was due to the topline growth, stable margins…
Dangote bankrolls Ogun, Enugu Trade Fairs, floods pocket friendly products
As part of efforts to rev up commerce, industry and economic activities, Dangote Industries Limited is sponsoring the ongoing international trade fairs in Abeokuta and Enugu, the capitals of Ogun and Enugu States respectively. The trade fair in Abeokuta is…
Lafarge Africa sustained profitability for the third consecutive year
After being on Pre-tax losses in the 2016-2018 financial years, Lafarge Africa sustained profitability for the third consecutive year, reporting a post-tax profit of NGN51.00 billion (+65.4% y/y) in 2021FY. The company’s earnings performance was underpinned by topline growth and…
UNIDO, EIB to deepen cooperation on sustainable industrial dev.
UNIDO and EIB sign a Joint Declaration to strengthen cooperation Focus on circular economy, clean energy, climate change action and access to finance Initial focus on Africa, Caribbean and Pacific (ACP) countries Meeting at the EIB’s headquarters in Luxembourg, Gerd…
