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    Q1: Sovereign Trust Insurance announces N510m profit before tax

    By Rukayat Adeyemi Lagos, May 17, 2021 Sovereign Trust Insurance Plc has announced a Profit Before Tax (PBT) of N510 million for the first quarter...

    Equity Analyst See Dangote’s Brand as Best Buy for 2021

    Following a good start to the year, Dangote brand is doing well among big names listed on the floor of the Nigerian Exchange with...

    Dangote Cement restates commitment to closing demand-supply Gap

    …As construction of Okpella cement factory nears completion Following the surge in demand for cement products in the country, Dangote Cement Plc has restated commitment...

    Equity Analysts Spot Buying Opportunity in MTN Nigeria after Earnings Beat

    Equity analysts at Vetiva Capital limited spots buying opportunity in MTN Nigeria Plc.’s stock after the telecommunication giants beat earnings estimates in the first...

    DANGCEM: Analysts Raise Earnings Per Share Estimate by 11.8% to N16.66

    Equity research analysts have raised Dangote Cement Plc.’s earnings per share (EPS) estimate for the financial year 2021 by 11.8% to N16.66, citing improve...

    Nigeria’s animal feeds manufacturer earnings Quality Drop as Revenue, Profit Jump

    In 2020, Livestock Feeds Plc. –pioneer manufacturer of animal feeds in Nigeria– recorded its highest revenue on records since the financial year 2014, analysts...

    Airtel Africa now valued at $2.65bn after $300m strategic investment deal

    Airtel Africa has disclosed that it has signed a $300m strategic investment with The Rise Fund and Mastercard, which has increased the value of...

    Airtel Africa posts Q1’21 revenue growth by 14.2%

    Airtel Africa Plc on Wednesday reported a 14.2 per cent ($3.91bn) growth in income in its Q1 2021 earnings. The company said it recorded revenue...

    Jumia posts €33.7 million operating loss for Q1

    Jumia, Africa’s e-commerce giant has posted €27.4 million in revenue in Q1 2021. This is a six per cent drop from €29.3m that it posted...

    Lafarge Rated Buy after Exciting Earnings Outturn in Q1-2021

    After a solid start to the year, equity analysts at Chapel Hill Denham said they have retained buy rating on Lafarge Africa Plc. (Ticker:...

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