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Guinness Nigeria Attracts Buy Rating after Better Earnings Outturn

Following sluggish performance in the past quarters, Guinness Nigeria Plc.’s has been rated buy by a slew of equity analysts after an improved earnings debut in the third quarter of financial year 2021. Analysis of...

Unilever: Nearly 30% Upside, 3.3% Yield And Improving Fundamentals

Summary Unilever appears to be one of the most under-owned large-cap consumer staples companies. The new single parent legal structure will have important consequences for the company that owns many of the world's strongest brands....

FTN Cocoa Blames Inadequate Working Capital for N664m FY20 Loss

In the 2020 financial year, FTN Cocoa Processors Plc recorded a loss after tax of N664.1 million in contrast to the loss after tax of N601.3 million it recorded in the 2019 reporting year. According...

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Capital Market Operators Back SEC’s Recapitalisation Push, Signal Mergers, Stronger Market Ahead

Capital market operators across Nigeria have largely thrown their...

Six in Ten Workers Still Poor Despite Job Growth in Sub-Saharan Africa — ILO Report

Sub-Saharan Africa added an estimated 15.4 million people to...

Firm targets electric vehicles investment as next phase of energy transition

Alfa Designs Nigeria Limited has disclosed plans to invest...

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