Monday, August 2, 2021
MARKET UPDATE

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Company Analysis

Unilever Nigeria returns to profit in second quarter

    Unilever Nigeria returns to profit in second quarter

Unilever Nigeria Plc has scaled through its operating challenges and returned to profit in the second quarter ended June 2021. It was a big leap forward for the company from

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Flour Mills: Facts behind triple-digit profit growth in 2021

    Flour Mills: Facts behind triple-digit profit growth in 2021

Flour Mills of Nigeria (FMN) Plc has run its full financial year to March 2021 with a 126 percent leap in after tax profit to roughly N26 billion. This is

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Total Nigeria applies all-round cost cutting to build profit

    Total Nigeria applies all-round cost cutting to build profit

Total Nigeria is following an alternative route of cost cutting to build profit in the face of a sustaining drop in turnover. And it is cutting as much costs as

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How Honeywell Flour Mills crossed N100bn mark in annual revenue

    How Honeywell Flour Mills crossed N100bn mark in annual revenue

Honeywell Flour Mills has surpassed its turnover target by posting an impressive 36 percent jump in revenue for the full-year ended March 31, 2021. The food and agro-allied company generated

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International Breweries cuts loss in Q1, hopeful for turnaround

    International Breweries cuts loss in Q1, hopeful for turnaround

International Breweries Plc is cutting its running losses heavily for the second year, which is giving good indications for an

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MTN Nigeria positions data services to drive earnings

    MTN Nigeria positions data services to drive earnings

MTN Nigeria has positioned data services as the engine room for earnings growth in line with the changed communication pattern

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Nestle Nigeria faces hurdles on the path of recovery

    Nestle Nigeria faces hurdles on the path of recovery

Nestle Nigeria Plc is building momentum towards a rebound in the 2021 operations but hurdles of rising costs are constraining

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Transcorp raises turnaround hopes in Q1 2021

    Transcorp raises turnaround hopes in Q1 2021

Transnational Corporation of Nigeria (Transcorp) has begun the 2021 financial year with high hopes for a turnaround. Its first-quarter operations

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FBN Holdings posts 5.8% increase in Q1 2021 non-interest income

    FBN Holdings posts 5.8% increase in Q1 2021 non-interest income

Despite the impact of COVID-19 pandemic on the operations of most financial institutions across the globe, tier-1 lender, FBN Holdings

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Guinness Nigeria gets back to profit in Q3

    Guinness Nigeria gets back to profit in Q3

Guinness Nigeria Plc has cut its way back into the profit territory from two quarters of losses in its current

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