More Supports for Ezeala College Of Nursing, Okwudor
Just as the Management of Ezeala College Of Nursing Sciences in Okwudor, Njaba Local Government Area of Imo State has announced the commencement of admissions of new students wishing to graduate as Nurses and Midwives, more international bodies and Diaspora…
Dangote bags Nigerien national Honour over his Foundation’s Health Scheme
…As Dangote, Bill Gates Foundations sign MOU on immunization of Nigeriens President/Chief Executive of Dangote Industries Limited, Aliko Dangote has been conferred with the Commander of the Order of Merit of Niger award by the President of the Republic of…
Dangote Cement’s Revenue Growth Supported by Price Increases
Dangote Cement (DANGCEM) released its Q2 22 unaudited results on Sunday (31 July). The group reported EPS decline of 33.8% y/y in Q2 22, culminating in a fall in H1 22 EPS by 9.9% y/y. The earnings slump was mainly…
FMN unaudited results show EPS of NGN1.37 (Q1-22: NGN1.17)
FLOURMILL published its Q1-23 unaudited results recently, reporting EPS of NGN1.37 (Q1-22: NGN1.17), underpinned by solid revenue growth of 45.3% y/y in the period. Revenue grew by 45.3% y/y driven by substantial growth across the Food (+45.1% y/y), Agro-Allied (+37.7%…
NGX All-Share Index slips by 0.83%
Nigerian equities opened the week on a weak note Monday August 1, 2022, reversing most of the prior session gains as the All-Share Index lost 0.83% to close at 49,950.32 points. The drag on the market’s performance was borne from…
INTBREW reports lower Loss per Share of NGN0.01 in Q2-22
International Breweries Plc (INTBREW) published its Q2-22 unaudited financials on Friday (July 29), reporting a lower Loss per Share of NGN0.01 in Q2-22 (vs Loss per Share of NGN0.42 in Q2-21). However, the H1-22 EPS printed NGN0.01 (vs Loss per…
Nestle Nigeria Plc reports standalone EPS of NGN12.33
Nestle Nigeria Plc (NESTLE) published its Q2-22 unaudited result last week Friday, reporting standalone EPS of NGN12.33 (NGN11.77); bringing H1-22 EPS to NGN35.01 (H1-21: NGN27.42). The EPS outturn was supported by the sturdy top-line expansion (+33.3% y/y) in the period….
Dangote Sugar EPS growth driven by the stellar growth in sales y/y
Dangote Sugar Refinery Plc (DANGSUGAR) released its Q2-22 unaudited financials last week Friday, reporting standalone EPS of NGN0.94 (NGN0.35); bringing H1-22 EPS to NGN1.67 (H1-21: NGN1.04). The EPS growth was driven by the stellar growth in sales (+41.0% y/y) in…
AMCON returns Standard Shoe Company Limited to Imo State Govt
Governor Hope Uzodimma on Friday recorded another feat in his administration as the Assets Management Company of Nigeria (AMCON) returned to Imo State Government the Certificate of Occupancy (C of O) of Standard Shoe Company Limited, Owerri which it seized…
BUA Cement: King in the North
In this report, analysts at Coronation Assets Management discussed the investment case for BUA Cement. Following its acquisition of Cement Company of Northern Nigeria (CCNN), Kalambaina and Obu Cement in 2009 and their eventual consolidation in 2020, the creation of…
