MTN NIGERIA COMMUNICATIONS PLC Q3’23 Earnings: Data income fuels impressive revenue growth

Analyst: Victoria Ejugwu* Target price: ₦315.74 Rating: BUY MTNN’s 9M results largely mirrored our expectations. [...]

GUINNESS NIGERIA PLC Q1’24 Earnings: Price increase sustains revenue growth

Analyst: Oluebube Nwosu* Target price: ₦66.50 Rating: SELL Cost of sales outpaces revenue growth. In Q1’24, [...]

SEPLAT ENERGY PLC Q3’23 Earnings: FX losses, pressure margins

Analyst: Victoria Ejugwu* Target price: ₦1,637.34 Rating: SELL Improved production drives topline performance Despite weaker oil [...]