Wednesday, May 12, 2021
MARKET UPDATE

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Company Analysis

Unilever Nigeria records strong sales growth in Q1

    Unilever Nigeria records strong sales growth in Q1

Unilever Nigeria Plc posted a strong gain in sales revenue in the first quarter ended March 2021. The company’s turnover was elevated by roughly 46 percent during the quarter, staging

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MTN Nigeria posts record turnover of N1.35trn in 2020

    MTN Nigeria posts record turnover of N1.35trn in 2020

MTN Nigeria Plc posted a record turnover of N1.35 trillion at the end of the 2020 financial year — which stands atop the revenue numbers of Nigeria’s listed companies. The figure

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FBN Holdings cuts credit losses, lifts profit to new peak in 2020  

    FBN Holdings cuts credit losses, lifts profit to new peak in 2020  

FBN Holdings Plc turned the table from a 64 percent upsurge in credit loss expenses at the end of the third quarter of last year to a decline at full

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Dangote Cement boosts output capacity, lifts revenue to N1trn in 2020

    Dangote Cement boosts output capacity, lifts revenue to N1trn in 2020

Dangote Cement Plc expanded cement production and bagging capacity by 3 million tonnes in 2020 and closed the year with an output capacity of 48.55 million tonnes. That boosted cement

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UBA increased asset base by 37% to N7.7trn in 2020

    UBA increased asset base by 37% to N7.7trn in 2020

United Bank for Africa (UBA) closed the 2020 financial year with a balance sheet size of N7.7 trillion. This represents

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Flat revenue, rising cost explain Nestlé’s N6.5bn profit drop in 2020

    Flat revenue, rising cost explain Nestlé’s N6.5bn profit drop in 2020

Nestlé Nigeria Plc suffered a N6.5 billion or 14 percent profit drop in 2020, closing the year with an after

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Total Nigeria turns around from half-year loss to profit in 2020

    Total Nigeria turns around from half-year loss to profit in 2020

Total Nigeria forced its way through a major drop in sales to register a turnaround from a half-year loss of

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Zenith Bank: Cost-saving measures bolstered profit in 2020

    Zenith Bank: Cost-saving measures bolstered profit in 2020

Zenith Bank Plc rode on the back of cost-saving measures to grow profit ahead of revenue in 2020, with two

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Unilever Nigeria: Making progress in rebuilding revenue

    Unilever Nigeria: Making progress in rebuilding revenue

Unilever Nigeria Plc, has made further progress in rebuilding sales revenue as seen in the final quarter of 2020 when

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BUA Cement boosts revenue, profit in full-year 2020

    BUA Cement boosts revenue, profit in full-year 2020

BUA Cement Plc maintained its high speed track on revenue growth at the end of 2020 and reinforced profit growth

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