NESTLE NIGERIA PLC FY’23 Earnings Release – Naira volatility upturns operational profits
Analyst: Oluebube Nwosu* o.nwosu@vetiva.com Target price: ₦1006.52 Rating: HOLD TL;DR Q4 revenue jumped 33% y/y [...]
Mar
February 2024 Inflation review – Inflation nudges to 31.7%, a new 27-year high
Analyst: Ibukun Omoyeni*i.omoyeni@vetiva.com Inflation nudges to 31.7%, a new 27-year high Headline inflation rose by [...]
Mar
LAFARGE AFRICA PLC FY’23 Earnings Release – Higher prices masks weak volumes
Analyst: Abigail Alabi* a.alabi@vetiva.com Target price: ₦42.63 Rating: BUY Lafarge recently released its audited result, [...]
Mar
MTN NIGERIA COMMUNICATIONS PLC FY’23 Earnings Release – Topline maintains growth trajectory
Analyst: Victoria Ejugwu* v.ejugwu@vetiva.com Target price: ₦254.86 Rating: BUY MTNN’s full year performance came in [...]
Mar
SEPLAT ENERGY PLC FY’23 – Performance mixed on higher opex, FX losses
Analyst: Victoria Ejugwu*v.ejugwu@vetiva.comTarget price: ₦2,102 Recommendation: SELL Topline expands on improved outputAmidst lower oil prices [...]
MPC awakens the hawks in first meeting of the year
Ibukun Omoyeni*i.omoyeni@vetiva.com The Monetary Policy Committee (MPC) gave its first policy direction under the chairmanship [...]