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Analyses et informations stratégiques

Nigeria stock exchange (NSE)

Flop X  /  Pop XX  /  Top XXX

The company, one of the frontline life assurance service providers has reiterated its commitment to an unwavering customer centric organization as the industry continues to build up strategies and new blocs geared towards 2024 business year
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The company year on year grew revenues 7.13% from 322.98m to 345.99m while net income improved from a loss of 216.92m to a smaller loss of 118.11m
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Acquisition of 5% stake in InfraCredit.
The equity investment will be part of InfraCredit’s core capital and will enhance its continuous objective to deploy innovative credit enhancement solutions in mobilizing private sector financing for infrastructure projects in key sectors of the Nigerian economy
. Revenue growth of N72.4bn in 2023
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The company has posted a net profit after tax of $ 2million in Q3, 2023, a slower performance in what the mobile operator attributes to significant foreign exchange headwinds
. IHS Towers expands partnership with Airtel Africa by renewing and expanding contract in Nigeria

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Tower Alloys Industries acquires 66.75% stake in Aluminium Extrusion Industries Plc XX

The total indicative share trading liquidity for the company in the past 12 months, as of 5th January 2024, is US$164.0475 (NGN127.4K). An average of US$14 (NGN10.62K) per month XX

The company year ear on year revenues fell -18.23% from 10.30bn to 8.42bn, and has gone from a gain of 207.51m to a loss of 1.54bn
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The company year on year revenues fell -6.24% from 7.63bn to 7.15bn, a gain of 15.88m to a loss of 106.60m
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The company year on year revenues remain flat at 0.00, though the company grew net income from a loss of 44.57m to a smaller loss of 44.57m
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Global leader in insurance and asset management, AXA Mansard, a member of AXA, has emerged as the General Insurance Company of the Year at the 2023 edition Almond Insurance Industry Awards.
. The company, a member of the AXA Group, has emphasised the need to develop the country’s health insurance system

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The company ‘s board and management has assured the capital market community of stronger relationship through provision of regular information on the company’s activities
. Despite the tough operating environment, BPN’s revenue was up by 20 percent from N4.53 billion in September 2022 to N5. 42 billion in September , 2023. Its net profit rose by 142 percent in the review period to N397. 8 million in September this year from N164.3 million in the preceding year
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The total indicative share trading liquidity of the company in the past 12 months, as of 1st November 2023, is US$836.84K (NGN568.28M). An average of US$69.74K (NGN47.36M) per month
. The company year on year grew revenues 15.76% from 54.34bn to 62.91bn while net income improved 37.65% from 4.69bn to 6.45bn

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The company has revealed plans to bolster its capital from N10 million to N500 million.Over the next three years, they aim to soar in revenue to N78.12 billion, targeting one million subscribers from a current base of 200,000
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The company ‘s cement to be sold at N3,500 in January 2024, the management reaffirms despite various challenges. They are determined to ensure the accessibility and affordability of the product for customers

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The company posts 89% gross profit increase, defying headwinds and always aiming at ‘Transforming Lives To Build More Resilient Future For Nigeria’
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The company proposes a bonus issue of 2 for 3 ordinary shares to shareholders . Getting forex under control will help tame inflation
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The company’s profit surged by 4,228% in 2023
. Shareholders have approved the conversion of the company’s outstanding dollar-denominated loan to shares in the company, in a major balance sheet restructuring aimed at freeing the company from the increasingly expensive loan.
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The company year on year grew revenues 24.23% from 19.21bn to 23.86bn while net income improved 4.63% from 2.38bn to 2.49bn
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Oil and gas industry capital expenditure 2024 outlook promising, says GlobalData poll
. The company year on year revenues fall -43.90% from 840.38m to 471.43m, though the company grew net income from a loss of 340.25m to a smaller loss of 160.78m
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The company expands and acquires first Bell 429 for Cameroon operations.The helicopter, Bell 429 is the first of its kind to operate in West Africa in the oil and gas market.
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The company year on year grew revenues 16.83% from 10.52bn to 12.29bn while net income improved 61.14% from 984.23m to 1.59bn
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The company is another impressive performer in the NGX in 2023, with a share price growth of 795.5%
. Started the year with a share price of N0.24, closing the year with a share price of N1.97

. A pioneering computer software solutions provider owns Chams Switch, Chams Access, Card Centre, and Chams Mobile
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October 5, 2023, the company listed its N200 billion Nigeria Infrastructure Debt Fund (NIDF) with a market cap of N92.54 billion. As of December 14, it had declined to N92.46 billion
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The company year on year grew revenues 6.35% from 9.68bn to 10.30bn while net income improved 370.34% from 814.69m to 3.83bn
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2023 alone, the stock soared by 217%, reaching a new 5-year high of N112.5 per share. This surge, combined with a 20.4% year-to-date gain in 2024, has prompted investors to question the stock’s potential for delivering favorable returns at its current valuation
. Got approval to sell Dangote fuel

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Having offered services in insurance, financial management services, health and asset management over the past years, the company has expanded operations into a holding company called Consolidated Hallmark Holding Company (CHHOLDCO) Plc. Briefing the media on the development, top management who described the Nigerian market as a big one, said the need to enhance stakeholders’ interests by investing in existing, emerging and profitable ventures prompted the Holdco decision

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Prévoie de terminer l’année 2023 sur une note forte avec des innovations qui révolutionneront l’industrie du paiement et de la technologie avec des plateformes rapides, sécurisées et fiables, ainsi que l’expansion de la chaîne de production grâce à des partenariats collaboratifs. XXX

The company bagged three awards at the Nigeria Technology Awards (NiTA) including innovative Insurance Company of the Year, Insurance Company Website of the Year, and Excellence in Technology Innovation – Insurance Service. This reaffirms the insurance company ‘s dedication to excellence and innovation in providing businesses and individuals with cutting edge technology for seamless and easy insurance transactions

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The company is set to delist from the capital market as its Board of Directors has agreed to pay off the company’s minority shareholders.
. The chairman of the company said the proposal is an offer from core shareholders to acquire the shares held by other shareholders, except those who opt to remain as shareholders of

Coronation Insurance Plc, with each shareholder receiving 65 kobo as consideration for every share transferred
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The company year on year revenues fall -98.52% from 44.08bn to 650.45m, though the company grew net income 39.59% from 10.67bn to 14.90bn
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The company year on year had little change in net income (from 786.31m to 789.99m) despite revenues that grew 17.54% from 7.87bn to 9.25bn
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The company , one of Nigeria’s pioneering IT companies was also one of the best performers in the NGX. Starting the year with a share price of N0.92, CWG closed the year with a share price of N3.96 and a market capitalization of N20.96 billion
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The company year on year has grown net income from a loss of -1.15bn to a smaller loss of -768.07m despite revenues that were unchanged
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The company share soars by 9.98% as Mr Otedola share acquisition drives investor interest XXX

The company year on year had revenues remain flat at 0.00, though the company grew net income from a loss of 30.88m to a smaller loss of 10.29m
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The company reported a revenue of N8.3 billion in Q3 2023, marking an 88.2% year-on-year appreciation from the corresponding quarter in 2022.
. The company year on year grew revenues 49.58% from 22.54bn to 33.72bn while net
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The company year on year grew revenues 8.34% from 2.34bn to 2.53bn while net income improved 12.02% from 262.23m to 293.74m
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The company year on year revenues fell -21.60% from 1.25bn to 981.02m, a loss of 292.40m to a larger loss of 347.83m
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The company ‘s shareholders have approved the plan to raise about N5bn in capital. The fully indigenously owned and diversified agribusiness company had raised N2.9billion so far from its investors as the company intended to build storage silos, capable of storing up to 100,000MT of Rice, Soybean and Maize

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The company posts unaudited loss of N7.9 billion in 2023 due to naira devaluation
. Just signed a deal with Dangote Petrochemical Refinery to become an official sales distributor of their products in Nigeria
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The company has appointed a new Chairman who is actually its Founder and Managing Director and is responsible for the strategic direction of the company. He has systematically built up Eunisell over the past 27 years into one of Africa’s leading companies in the chemicals and oil and gas sector
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FBN Holding appoints Mr Otedola as new chairman. He is a visionary entrepreneur with a track record of pioneering businesses, growing and transforming corporations
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FCMB Group records N516.8bn gross earnings in 2023 XXX

The Bank to raise N32bn via rights issue.
The decision of the bank to increase its capital base preceded the announcement of the planned recapitalisation exercise of banks by the Central Bank of Nigeria
. The Bank appoints a new executive director, in furtherance of the Bank’s strategic objectives

. The Board is confident that the new director will make significant contributions to the growth and development of the Bank and looks forward to working closely with him to achieve its strategic objectives
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The company profit dips to N3bn amid drug price hike
. The Kaduna government says it is set to partner with pharmaceutical companies to enhance the supply of essential health commodities in the state
. The company announces strategic cooperation with Chinese Pharma company to further add value to the healthcare landscape in Nigeria and Africa, Fidson Healthcare Plc, and JiangsuAidea Pharmaceutical Company Ltd have officially signed a strategic cooperation agreement in Yangzhou, China. The agreement aims to promote and address medical challenges through the use of innovative drugs especially in the treatment of over 1.9 million living with HIV in Nigeria
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The company based in Kano, Nigeria, Northern Nigeria Flour Mills Plc closed the year with a share price of N45.50, representing a yearly gain of 639.8%.

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Closing the year with a share price of N1.48, the company ‘s share price recorded a 410% growth in 2023, as it started the year at N0.29. The company started the year with a market cap of N638 million, however, it is ending with a market of N5.77 billion.
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The company has joined the club of companies worth N1tn on the local bourse this January on the back of the bullish run in the market
. The company ‘s shareholders to get N20bn dividend
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The company year on year had net income fall 120.77% from a loss of 225.88m to a larger loss of 498.67m despite a 39.94% increase in revenues from 1.46bn to 2.05bn. An increase in the cost of goods sold as a percentage of sales from 97.18% to 107.74% was a component in the falling net income despite rising revenues

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The company year on year had revenues fall -24.62% from 1.39bn to 1.05bn, though the company grew net income from a loss of 1.30bn to a smaller loss of 692.70m
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The total indicative share trading liquidity for the company in the past 12 months, as of 2nd October 2023, is US$253.39M (NGN143.41B). An average of US$21.12M (NGN11.95B) per month.
. The company year on year had net income fall -3.12% from 172.11bn to 166.74bn despite a 20.81% increase in revenues from 447.83bn to 541.00bn

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The company ‘s chairman has assured shareholders of the company of continued commitment of the board and management to positioning the company to be an attractive investment destination.
According to him, the company during the year achieved a modest increase in Gross Premium Written, rising to N1.359 billion, representing a 0.22 percent improvement over the preceding year.

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The company, a leading beverage alcohol company in Nigeria, reported mixed results for the half-year ended 31 December 2023. While the company achieved a 20% increase in revenue to N142.59 billion, it also posted a net loss of N4.4 billion due to a significant foreign exchange loss

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The company ‘s shareholders laud the company’s growth. At the 14th AGM, they did express their appreciation for the company’s trajectory, highlighting the success of Honeywell’s Semolina product
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The total indicative share trading liquidity for the company in the past 12 months, as of 5th January 2024, is US$1.3M (NGN973.15M). An average of US$108.59K (NGN81.1M) per month . The company year on year has grown net income from a loss of 3.95bn to a gain of 732.01m despite declining revenues
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The total indicative share trading liquidity for the company in the past 12 months, as of 5th February 2024, is US$209.44K (NGN147.97M). An average of US$17.45K (NGN12.33M) per month
. The company year on year grew revenues 13.87% from 5.34bn to 6.08bn while net income improved 97.38% from 466.13m to 920.06m

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The bank nearly doubled its profit after tax to N1.002bn at the end of 2023 compared to N633.477m at the end of the same period in 2022. This was revealed in the unaudited financial statements for the period ended December 2023, which was filed with the Nigerian Exchange Limited on Wednesday. Like other players in the country’s banking sector, Infinity Trust had benefitted from rising interest rates in Nigeria as reflected in its books
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International Breweries records N87.64 billion unaudited loss in 2023, posts 226% profit decline
. The company was a major victim of the Naira devaluation in 2023, as it recorded a net foreign exchange loss of N72.47 billion in 2023, representing a 437.6% decline from the N13.47 billion net FX loss recorded in 2022
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The total indicative share trading liquidity for the company in the past 12 months, as of 1st July 2023, is US$306.21K (NGN152.04M). An average of US$25.52K (NGN12.67M) per month
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Ex-GTB director named Jaiz Bank MD.
The bank expressed optimism about its prospects under it’s new MD’s leadership saying, “We look forward to his dynamic leadership in driving Jaiz Bank to new heights.”
. The bank declares 73% PBT growth in 9 months ending Sept 2023.Jaiz Bank, operating under Islamic banking principles, primarily derives its earnings from investing and financing activities XXX

The company is about to raise N20bn for gold refinery, acquisition of mines companies . Boost of profit after tax by 350.87% in 12 months
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The total indicative share trading liquidity for the company in the past 12 months, as of 1st December 2023, is US$99.52K (NGN67.16M). An average of US$8.29K (NGN5.6M) per month

. The company year on year grew revenues 199.58% from 1.19bn to 3.55bn while net income improved from a loss of 508.00m to a gain of 541.00m
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The total indicative share trading liquidity for the company in the past 12 months, as of 1st July 2023, is US$2.08K (NGN949.17K). An average of US$173 (NGN79.1K) per month
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The company said it has secured a contract to rehabilitate and improve access roads and crossings in Cotonou, Republic of Benin.The company’s Managing Director recently stated that, “We embark on a historic journey, stepping into Cotonou, Republic of Benin, with a prestigious contract for the rehabilitation and improvement of access roads and crossings, according to a statement by the company. Stressing that the deliberate expansion into new territories marks a significant milestone in the company’s strategic growth plan
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The company has launched its first Green Depot in Abeokuta, Ogun State, marking a transformative stride towards sustainable practices in the distribution and logistics of construction materials in the country. This state-of-the-art facility is poised to set new benchmarks for sustainability in the industry

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The total indicative share trading liquidity for the company in the past 12 months, as of 2nd January 2024, is US$1.23M (NGN818.99M). An average of US$102.82K (NGN68.25M) per month
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La compagnie, pour l’exercice clos le 31 déc. 2023 a obtenu des revenus de 3,35 milliards de Naira VS 2,86 milliards de Naira il y a un an
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The company in the financial year ended December 31, 2023, recorded outstanding growth across all measurement indices, with gross premium written (GPW) rising to N16.33 billion, from N12.98 billion in 2022, indicating a 26 percent growth
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The total indicative share trading liquidity for the company in the past 12 months, as of 1st January 2024, is US$1.25M (NGN892.25M). An average of US$104.14K (NGN74.35M) per month
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The bank grows revenue by 14%
. Recently, the Governor of Osun State, which is one of the major investors in the bank, urged the management of LivingTrust Mortgage Bank to establish more branches in the state to deepen financial inclusion
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Despite the harsh economic conditions, the company , a manufacturer and distributor of pharmaceutical products, has posted a revenue of N14.3 billion from January to September, 2023
. The company has announced that Roveda 600mg and Roveda 750mg are among the seven products it will unveil in 2024 of the company’s over 20 new products in the pipeline to drive organic growth, market share, and new business development strategies

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The Nigerian Exchange Limited (NGX) has admitted an additional 398 million ordinary shares of McNichols Consolidated Plc into its platform arising from the company’s rights issue
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The company was listed on the NGX on November 7 with a market cap of N11.84 billion, it has since appreciated to N48 billion. Today, as a leading healthcare company serving millions of patients, MeCure continues to be an entrepreneurial, technology‐driven enterprise dedicated to helping people fight everyday illness
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The company year on year had revenues fall -68.23% from 9.56bn to 3.04bn, though the company grew net income from a loss of 10.36bn to a smaller loss of 2.65bn
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The total indicative share trading liquidity for the company in the past 12 months, as of 1st October 2023, is US$38.36K (NGN25.61M). An average of US$3.2K (NGN2.13M) per month XX

The total indicative share trading liquidity for the company in the past 12 months, as of 2nd July 2023, is US$64K (NGN44.67M). An average of US$5.33K (NGN3.72M) per month
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La société de commercialisation de pétrole, a récemment dévoilé ses résultats financiers pour l’exercice 2023, avec des revenus dépassant les 190 millions de dollars. Cette fulgurante ascension financière s’explique en grande partie par l’augmentation significative des ventes de produits pétroliers. En effet, les revenus de l’entreprise ont grimpé de 80,9 % par rapport à l’année précédente, passant de 100,78 milliards de nairas à 182,31 milliards de nairas.

. L’entreprise étend ses activités à plusieurs pays d’Afrique de l’Ouest, notamment le Bénin, le Togo, le Cameroun et la Côte d’Ivoire.
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The company year on year grew revenues 21.64% from 1.65tn to 2.01tn while net income improved 21.05% from 298.65bn to 361.53bn
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The company year on year revenues fell -56.05% from 3.26bn to 1.43bn. This along with an increase in the cost of goods sold expense has contributed to a reduction in net income from a loss of 1.25bn to a larger loss of 3.02bn
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The total indicative share trading liquidity for the company in the past 12 months, as of 2nd October 2023, is US$501.53K (NGN247.49M). An average of US$41.79K (NGN20.62M) per month
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The Group Chairman has assured customers of consistent value in the company’s products and services despite rising inflation in the country and its resilience strengthens position for growth in 2024
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The company ‘s shareholders have approved the transition of a division of the manufacturer, BAGCO, into a 100 per cent owned subsidiary
. Part of the company ‘s report said, “While we expect Flour Mill’s revenue to sustain its stellar momentum, we believe the company’s performance will be inhibited by a higher costs outlook in H2-24, and the sustained impact of higher FX losses on its net operating income.”

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Profit accelerates to record N141 billion after spike in interest income. The jump was recorded on the back of higher interest income. Stanbic IBTC Holdings, through its flagship subsidiary Stanbic IBTC Bank, focuses most on lending to the manufacturing sector against the general trend among Nigerian lenders, whose exposure to oil & gas is bigger than that of any other sector

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The company year on year grew revenues 37.16% from 6.64bn to 9.10bn while net income improved 530.18% from 460.25m to 2.90bn
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The total indicative share trading liquidity for the company in the past 12 months, as of 3rd January 2024, is US$217.25K (NGN165.82M). An average of US$18.1K (NGN13.82M) per month
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The total indicative share trading liquidity for the company in the past 12 months, as of 5th January 2024, is US$6.42K (NGN4.4M). An average of US$535 (NGN366.4K) per month XX

The total indicative share trading liquidity for the company in the past 12 months, as of 1st January 2024, is US$100.24K (NGN58.35M). An average of US$8.35K (NGN4.86M) per month XX

Unilever Nigeria exit from the homecare and skin-cleansing markets leaves the company with just the foods, beauty and wellbeing, as well as personal care products to reposition its business for sustained profitability. Production and Sales for Home care and Skin cleansing business categories ceased in December 2023

. In a statement it released back then said that it was changing its business model to accelerate the growth of the company and meet the needs of consumers, shareholders, and employees better
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Towards enhancing its support to the private sector and financing of infrastructure development in Africa’s largest economy, Nigeria, the bank has received a $175 million financial package from Africa Development Bank(AfDB) Group
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The Exchange announcing the results of its half year market index review also disclosed that Universal Insurance Company plc replaced International Energy Insurance Plc on its NGX Insurance Index
. The total indicative share trading liquidity for the company in the past 12 months, as of 2nd January 2024, is US$3.01M (NGN2.03B). An average of US$250.64K (NGN169.13M) per month

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Best-performing Real Estate Investment Trusts, according to the data from the Securities Exchange Commission (SEC), with a yearly return of 113.33%
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Records N52bn revenue,the highest in five years
. The company in conjunction with the University of Lagos (Unilag), sensitises undergraduate

students of chemistry and chemical engineering to the world of polyurethane evolutions, with the company’s focus on giving back to the education sector.

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Acquisition de 60 % des parts de BOC Gases Nigeria Plc ; Plaidoyer auprès du gouvernement fédéral pour faciliter le développement de l’industrie au pays. XXX

Annonce d’une croissance de 23,57% du bénéfice avant impôts au T3 grâce à la hausse des revenus d’intérêts provenant des prêts hypothécaires et des prêts accordés aux clients, des frais et commissions y afférents. XXX

Présenter les installations de l’entreprise aux parties prenantes afin de prouver son engagement en faveur de la durabilité environnementale pour le bien de l’ensemble de la communauté nigériane. XX

Être entièrement acquis par Nuremberg ; a mis en place un plan de croissance quinquennal ; signé un partenariat avec l’armée nigériane pour les assurer. XX

Obtention de l’approbation et de la cotation de 5,4 milliards de nairas le 23 octobre, dans le but d’ajouter 13 nouvelles succursales aux 47 succursales existantes et de faire passer la base de clients à 4 millions d’ici 2028. XX

Bénéfice semestriel de 587,05 millions de nairas après 7 ans de perte grâce à l’unité commerciale de services en amont. XX

Sanctionné par la NGX pour le remplissage tardif des résultats de 2022, exigeant la soumission des résultats audités au plus tard 90 jours civils après l’expiration de la période. X

Sanctionné par la NGX pour le remplissage tardif des résultats de 2022, exigeant la soumission des résultats audités au plus tard 90 jours calendaires après l’expiration du délai. X 

Les actionnaires ont été informés lors du forum des investisseurs du groupe 2023 de la société qu’elle se transforme en conglomérat avec la signature d’un contrat de 78 milliards de nairas avec le gouvernement de l’État du Delta pour la construction de viaducs, de trèfles et d’expansion routière à Effurun et Warri. XXX

L’entreprise qui prétend être le premier producteur de ciment au Nigeria a lancé un nouveau produit ‘ciment bas-carbone’ pour l’écoconstruction avec une empreinte carbonne inférieure à 30%. XX

Lancement de la construction de nouvelles unités de logement par l’intermédiaire de la filiale Lasaco properties afin de réduire le déficit de logements au Nigeria. XXX

L’entreprise lance un projet de plateforme de livres électroniques pour accorder un accès gratuit à certaines parties prenantes telles que les écoles afin d’améliorer l’enseignement et l’apprentissage grâce à ses contenus académiques. XXX

La société a dévoilé une variante économique pour améliorer l’expérience client, permettant aux titulaires de police d’avoir une plus grande flexibilité dans le choix d’une couverture d’assurance adaptée à leurs besoins. XXX

La société a enregistré une croissance de 35,44 % en juin 2023. XX

La société discute d’une éventuelle collaboration avec l’aide de la police pour le recouvrement des créances irrécouvrables, compte tenu de la complexité de l’environnement opérationnel du Nigeria. XX

Nomination de Bolanle Ninalowo en tant qu’ambassadeur de la marque, dans l’espoir de tirer parti de son charisme et de sa passion pour influencer les Nigérians à vivre pleinement leur vie avec « easadol ». XX

Sanctionné par la NGX pour le remplissage tardif des résultats de 2022, exigeant la soumission des résultats audités au plus tard 90 jours civils après l’expiration de la période. X 

Lancement d’un nouveau produit, la bière, visant à faire une impression durable sur le marché dynamique du Nigeria, même si l’entreprise n’a pas d’autre choix que de fixer des prix, car la hausse du coût des intrants menace les opérations. XX

L’approbation des actionnaires et du gouvernement pour lever des capitaux afin de devenir une banque entièrement commerciale ; nomination de nouveaux administrateurs à cette fin XX

Publication des résultats de la moitié de l’année avec une perte de 441,98 millions de nairas contre 440,21 millions de nairas l’année dernière. L

Sanctionné par la NGX pour le remplissage tardif des résultats de 2022, exigeant la soumission des résultats audités au plus tard 90 jours civils après l’expiration de la période. X 

Croissance des primes brutes de 34 % d’ici 2022 ; La croissance du chiffre d’affaires et la progression des marges restent prioritaires pour l’ensemble de l’année 2023, compte tenu de l’importance de la création de valeur avec des stratégies qui permettront de continuer à progresser. XXX

La société a déclaré lors de son rapport annuel qu’elle se concentrerait sur la poursuite continue et implacable de l’efficacité, de la prestation de services, de la gestion de la marque, de l’expansion commerciale, du développement et de l’exploitation de la technologie pour 2023. XX

La société qui a livré un portefeuille de plus de 100 projets à travers le pays a renouvelé le projet urbain de l’État de Zamfara et veut absolument devenir une entreprise de construction de classe mondiale qui dominera au Nigeria et sera compétitive dans d’autres pays. XX

D’une année sur l’autre, le chiffre d’affaires a connu une légère croissance de 5,23% avec une amélioration du bénéfice net. X

A reçu un prix à la Chinet Aviation Cargo Conference, le plus grand rassemblement de professionnels du secteur de l’aviation et du fret pour son immense contribution à la croissance de l’industrie, en particulier dans le sous-secteur de l’agro-exportation. XXX

Sanctionné par la NGX pour le remplissage tardif des résultats de 2022, exigeant la soumission des résultats audités au plus tard 90 jours civils après l’expiration de la période. X 

 

Sanctionné par la NGX pour le remplissage tardif des résultats de 2022, exigeant la soumission des résultats audités au plus tard 90 jours civils après l’expiration de la période. X 

Perte de 76,52 millions de nairas publiée sur le rapport semestriel de juin 2023. X

Prévision d’un chiffre d’affaires de 138 à 81 milliards de nairas pour le quatrième trimestre 2023 avec une trésorerie nette générée par les opérations de 16,76 milliards de nairas ; a appelé à l’action pour la protection de l’environnement à l’occasion de la Journée mondiale de la propreté. XXX

Chiffre d’affaires financier semestriel en hausse de 27% ; L’objectif est de rester concentré sur l’engagement en faveur de l’innovation, de l’excellence du service, en élevant continuellement la barre pour redéfinir le paysage hôtelier en Afrique. XXX

Lancement d’un nouveau produit, le rouleau de saucisse « kingsway », ciblant le segment de valeur du marché et convaincu de répondre aux aspirations des clients. XX

A enregistré une croissance de 26 % au cours des neuf premiers mois de 2023 et reste concentré sur la mise en œuvre de son modèle de croissance 4G de croissance compétitive, cohérente, rentable et responsable. XXX

Banque la plus rentable du Nigeria pour le premier semestre 2023 avec une croissance de 371% selon les résultats publiés des opérations dans 20 pays africains, en Amérique, au Royaume-Uni, aux Émirats arabes unis et en France. XXX

Perte de 39 milliards de nairas pour les 6 premiers mois de 2023 en raison de la réévaluation du forex, mais prévoit d’achever bientôt le programme de recapitalisation pour reprendre ses activités comme prévu. XX

Elargissement des opérations par le développement d’activités de gestion d’actifs pour tous les investisseurs qui souhaitent un chef de projet fort comme partenaire. XXX

Des plans de création de logements sur le marché des revenus moyens, et ce en offrant des produits de haute qualité à des prix compétitifs afin de s’attaquer à la pénurie de logements, car tout le monde devrait s’offrir une maison. XXX

Solide performance au T3 avec un bénéfice brut de 61 % ; prévoit d’obtenir une levée de capital de 40 % d’ici la fin de l’année 2023 grâce à l’approbation de la SEC, après l’achèvement de la levée de fonds AT1 d’un montant de 21 milliards de nairas après l’obtention de l’approbation de la CBN. XXX

The company year on year revenues fell -49.18% from 3.84bn to 1.95bn. This along with an increase in selling, general and administrative costs has contributed to a reduction in net income from a gain of 24.80m to a loss of 162.73m
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The company year on year revenues fell -8.38% from 1.27bn to 1.16bn. This along with an increase in selling, general and administrative costs has contributed to a reduction in net income from a loss of 214.82m to a larger loss of 264.09m
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FX losses dip Total Energies’ profit by 20% in 2023. According to analysts, the company’s performance mirrors the numerous challenges prevalent in the downstream oil and gas sector, with the primary issues being the FX losses and escalating finance costs that partly dragged the company’s earnings.
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According to the top management, the company continued to experience strong performance in its international business travel segment, as it took advantage of renewed investor confidence in the Nigerian economy as a new government resumed office.
. With a share price appreciation of 1022.9%, Transcorp Hotels is the best performing stock in the Nigerian Exchange in 2023. The company’s share price started 2023 at N6.25 and closed 2023 at N70.18.
. The company’s market cap also hit N718.8 billion at the close of 2023.
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Recorded a pre-tax profit of N12.7 billion in 2023, marking a bounce back to profit-making ways after the group recorded a pre-tax loss of N4.4 billion in 2022.
. Group’s revenue growth was driven by increased sales across its various operating segments, including Paints (+24%), Packaged Food and Beverages (+23%), Quick Service Restaurants (+21%), and Animal Feeds and Other Edibles (+2%)
XXX

The company year on year, had revenues remaining flat at 0.00, though the company grew net income from a loss of 11.44m to a gain of 118.33m
XX

Union Bank had unveiled the move to delist from the NGX following the acquisition of shareholding by Titan Trust Bank
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University Press Plc annonce ses résultats pour le troisième trimestre et les neuf mois clos le 31 décembre 2023, Pour le troisième trimestre, la société a déclaré un chiffre d’affaires de 287,48 millions NGN, contre 267,54 millions NGN il y a un an. La perte nette s’est élevée à 119,03 millions NGN, contre 110,34 millions NGN l’année précédente.

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The Board of Directors of the company has announced the appointment of a new Managing Director and Chief Executive Officer of the company pending final approval from the National Insurance Commission. According to the notice, this new MD/CEO is a seasoned insurance professional, who brings to the fore, over Twenty-Five (25) years of distinguished and hands-on service encompassing; but not limited to, Execution and management of strategic partnerships

and alliances, deal structuring and contract negotiations, channel development and marketing, and team development and leadership
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Appointment of two new members to the Board of Directors. Their vast experience across banking, architecture, and ICT, is expected to contribute significantly to the bank’s growth

. Signing of a $50m credit facility with ECOWAS Bank to boost SMEs, with a fund that is reserved specifically to support and promote empowerment initiatives for Wema Bank’s diverse customers

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The total indicative share trading liquidity for the company in the past 12 months, as of 5th November 2023, is US$16.22M (NGN11.9B). An average of US$1.35M (NGN992.03M) per month
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The company year on year fell -10.22% from 3.27bn to 2.94bn. This along with an increase in selling, general and administrative costs has contributed to a reduction in net income from a loss of 1.01bn to a larger loss of 1.88bn
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The total indicative share trading liquidity for the company in the past 12 months, as of 2nd January 2024, is US$4.41M (NGN2.29B). An average of US$367.57K (NGN191.12M) per month
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The total indicative share trading liquidity for the company in the past 12 months, as of 4th October 2023, is US$1.22M (NGN672.74M). An average of US$101.71K (NGN56.06M) per month
XX

The company recorded a profit before tax of N12.46 billion in Q3 2023, a year-on-year decline of 14.92% from the corresponding quarter in 2022. According to the company’s financial statements, they are currently facing currency risk from sales, purchases, and borrowings made in currencies other than its main currency, the Naira

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N/A

FG identifies $23bn investment opportunities in energy transition . Nigeria’s Tax Incentives Will Spur Investment in Energy Sector

XX

The company ‘s chairman has called on the Federal Government to convene a summit where players in the air cargo and perishable export value chain could come together to examine the huge revenue potential in the sector.Experts say the air cargo and perishable export industry is

estimated to fetch over $250 billion for Nigeria, but the country is not optimising the available revenue opportunities.
XX

The company ‘s shareholders approve acquisition of Heineken import business of N7.01 billion. The proposed acquisition, according to the company, would spur growth opportunities and long-term profitability.
XX

The total indicative share trading liquidity for Nigerian Enamelware Company Plc (ENAMEL.ng) in the past 12 months, as of 3rd November 2023, is US$48.12K (NGN32.08M). An average of US$4.01K (NGN2.67M) per month
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The Group Managing Director and Chief Executive Officer-designate of the Nigerian Exchange Group Plc, has revealed a vision to bridge the gap between the millions of bank accounts in Nigeria and the current number of investors in the market. He said, “We recognise the stark contrast between the investors currently engaged in the capital market and the vast potential represented by the 65 million banking accounts in Nigeria. Our vision is to bridge this divide, onboarding millions into the capital market and fostering financial inclusion on an unprecedented scale.”

XXX

The Nigerian Exchange Limited (NGX) has approved Notore Chemical Industries Plc’s free float compliance extension request for two years (2023- 2025)
XXX

The company has been recognised by the Development Bank of Nigeria (DBN) as the microfinance bank with the highest impact in the North-West
XXX

Signature of a $800m deal with the African Export and Import Bank at the ongoing Intra-African Trade Fair in Cairo, Egypt. This strengthens Afreximbank’s commitment to empower African institutions and enhance local capacity, and a game-changer for the company, propelling them to new heights in the oil industry

XXX

The company ‘s profit rises to N21.1bn, hits 13-year high.We anticipate further improvement in the company’s earnings in 2024, driven by top-line expansion supported by favourable factors such as the upside for Nigerian CPO planters, especially amidst foreign exchange liquidity challenges, which we believe will positively impact the company’s earnings, the management said.

XXX

The company is free from receivership, plans fresh investments, and speaking during the 14th yearly general meeting in Lagos, the Acting Chairman disclosed that the company has come out of the financial storm and it is set to start trading in the market
XX

PZ had announced in September 2023 it plans to acquire the shares held by all the other shareholders of PZCN, subject to prevailing market conditions, at an offer price of N21 per share. But following intense negotiations and shareholder resistance, PZCN announced an increased offer for its shares from the original N21 to N23 per share

XX

Suspended
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N/A

The total indicative share trading liquidity for the company in the past 12 months, as of 2nd January 2024, is US$19.74M (NGN12.79B). An average of US$1.65M (NGN1.07B) per month XX

The total indicative share trading liquidity for Prestige Assurance Plc (PRESTI.ng) in the past 12 months, as of 2nd January 2024, is US$161.32K (NGN129.7M). An average of US$13.44K (NGN10.81M) per month
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The total indicative share trading liquidity for R.T. Briscoe Nigeria Plc (RTBRIS.ng) in the past 12 months, as of 1st January 2024, is US$227.09K (NGN167.92M). An average of US$18.92K (NGN13.99M) per month
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Delisted
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The company year on year grew revenues 10.13% from 12.60bn to 13.87bn while net income improved 257.49% from 87.81m to 313.90m
XXX

The company began the year with a share price of 0.38 NGN and has since gained 26.3% on that price valuation, ranking it 33rd on the NGX in terms of year-to-date performance
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N/A

Reappointment of the CEO that is seen as a clear indication of his commitment and valuable contributions to the company
. The construction giant has also informed the Nigerian Exchange Limited and investors about the appointment of two new independent non-executive directors,

Ukuevo said that the new appointees would bring with them extensive industry experience and play an instrumental role in enhancing the strategic direction, governance and success of the company
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Royal Exchange General Insurance Company Limited (REGIC), Nigeria’s oldest and largest insurance provider, has embarked on extensive digitalisation of its internal business operations using the Kissflow Low-Code Platform. As a result, 75% of the company’s enterprise operations now run on Kissflow’s Platform, yielding a significant degree of automation and substantial enhancement to the efficiency of operations

XXX

The total indicative share trading liquidity for the company in the past 12 months, as of 1st October 2023, is US$22.18K (NGN11.9M). An average of US$1.85K (NGN991.54K) per month
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The company year on year revenues fell -19.63% from 4.35bn to 3.49bn. This along with an increase in selling, general and administrative costs has contributed to a reduction in net income from a loss of 40.88m to a larger loss of 48.63m

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The company has been named as the Outstanding Energy Company for 2023 by New Telegraph Publishing Company Limited, publishers of the New Telegraph Newspapers
. Completion ANOH gas plant,
The ANOH Gas Processing Company, an incorporated joint venture between Seplat Energy and NNPC Gas Infrastructure Company Ltd, is delivering the ANOH gas plant with a Phase One processing capacity of 300mmscfd. The plant would deliver dry gas, condensate, and LPG, otherwise known as cooking gas, to customers

XXX

The company year on year grew revenues 59.58% from 247.79m to 395.42m while net income improved 72.12% from 186.62m to 321.20m
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The company has won the contract to take over the ground handling services to one of the world’s foremost airlines, Ethiopian Airlines at the Murtala Muhammed International Airport, Ikeja, Lagos, Nigeria
. The company would be providing Ramp handling services, Cargo handling services & Warehousing services and other aviation related services to the airline starting from January 1st 2024

XXX

The company year on year revenues fell -4.43% from 54.84m to 52.41m. has fallen -18.17% from 7.43m to 6.08m
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The Nigerian Exchange Limited (NGX) has listed an additional 2.864 billion ordinary shares of Sovereign Trust Insurance Plc following the company’s successful Rights Issue, marking a significant development for Sovereign Trust Insurance Plc. It reflects the company’s successful fundraising efforts and demonstrates its commitment to enhancing shareholder value. This development will also potentially affect the company’s market valuation, liquidity, and overall financial performance

XX

The company year on year grew revenues 26.52% from 3.94bn to 4.98bn while net income improved from a loss of 2.58bn to a smaller loss of 2.66bn
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The company has reported N21.52billion profit in 2023, an increase of 11.5 per cent from N19.3billion in 2022.
. The total indicative share trading liquidity for the company in the past 12 months, as of 2nd January 2024, is US$23.61M (NGN18.16B). An average of US$1.97M (NGN1.51B) per month. XX

The total indicative share trading liquidity for the company in the past 12 months, as of 3rd October 2023, is US$22.82K (NGN15.06M). An average of US$1.9K (NGN1.25M) per month

XX

The total indicative share trading liquidity for the company in the past 12 months, as of 1st January 2024, is US$2.42K (NGN1.69M). An average of US$202 (NGN140.43K) per month XX

The group disclosed in a statement that the diversified conglomerate with investments in power, hospitality, and energy has continued to reinforce its position as Nigeria’s business turnaround champion with abounding stories of transformation across the businesses they’re invested in.

. Has recorded one of its best years yet in the NGX, with a growth of 666.4% growth recorded in 2023. The company which started the year with a share price of N1.13 closed the year with a share price of N8.66.
XXX

The company year ear on year, grew revenues 3.93% from 558.73m to 580.71m while net income improved 4.78% from 379.56m to 397.71m
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The company year on year, grew revenues 5.83% from 7.28bn to 7.71bn while net income improved from a loss of 6.05bn to a smaller loss of 3.26bn
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The bank has forecast a negative performance for the first quarter (Q1) of 2024 amid plans to shake off and completely reverse opposing financial positions.
. Providus have made a move to acquire majority stake in Unity Bank. It is an innovative financial institution that provides personal, private, corporate, commercial and digital banking products and solutions. Its tailored financial services delivery includes: Business Advisory, Portfolio Management, Personalised Relationship Management, Fast-tracked Service delivery and Self-service solutions

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Launching of The Hampshire, Iconic Piece of Real Estate with the management reassuring that ‘within The Hampshire, you are going to have hundreds and hundreds of households owning their homes. We are going to have, not just shelter, we are talking about homes where people can have fulfillment. In addition to that, we are also creating jobs.’

XXX

On October 6, 2023 VFD Group listed 190.027 million ordinary shares at N244.88 per share on

the main board of NGX. And they said that, the key areas that they seek is to continue in terms

of investment targets are market infrastructure, the CEO said and adding that, that’s what to

they’re interested in, particularly in FinTech and technology that would enable both market

infrastructure and every other aspect of our Nigerian lifestyle because, with a population like

Nigeria’s and the difficulty of navigating Nigerian society, whether logistically or otherwise,

technology is critical.”

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The bank is expanding its global footprint with the opening of a Paris branch in early 2024,
. The bank, Ibom Air and Airbus have celebrated the successful closure of the commercial financing for Ibom Air’s first A220 delivered in November 2023 that is an historic collaboration representing the bank’s commitment for aircraft financing.The agreement between Ibom Air and Zenith Bank, which was initiated by Airbus, is part of a broader shift which could provide much-needed financial momentum and signal a new era of financial support for the continent’s promising aviation sector

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