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Fidson Healthcare PLC H1-22 Performance Review
Currently, the local drugs manufacturers are faced with an intense competition from imported products and multinational companies. For instance, 70% of the drugs consumed in Nigeria are imported. Also, almost all the local…
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Dangote Sugar Refinery H1-22 Performance Review
Dangote Sugar Refinery PLC (DANGSUGAR) recently released its H1-22 financial performance, showing top line and bottom line growth of 40.5% y/y and 60.6% y/y, respectively. In this report, one of our trainees at…
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Beyond Nigeria’s GDP numbers: Is it icing on the cake or the cake itself?
According to the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) rose by 3.54% y/y in real terms in the second quarter of 2022 (Q2-2022). This shows that the economy expanded…
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Nigeria’s inflation rate hits 19.64% in July 2022, the highest in 17 years
An examination of the NBS inflation data shows that this is the highest since September 2005 when the inflation rate hit 24.32% year-on-year. On a month-on-month basis, the headline inflation rose by 1.82%…
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Fundamentals of Investing: An Emergency Fund
It is important that you see yourself as a company with a structure from earning money, to saving it, to budgeting for expenses and then investing. There should be room for liquidity first.…
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SEPLAT: Global Dynamics Support Medium Term Growth Expectations
We value Seplat at #1,706 per share, representing a 21% upside from its current selling price of #1,430, hence, we issue a BUY recommendation. Our valuation is based on three methodologies which include;…
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Cognitive technologies: The real opportunities for business Deloitte Insights
Natural language processing tools, which enable a computer to understand, interpret and manipulate spoken or written language. Investopedia requires writers to use primary sources to support their work. These include white papers, government…
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Transcorp Hotels PLC; Proven resilience amidst strong economic headwinds.
We arrived at a target price of N24.6 per share on Transcorp hotel PLC based on a mix of two valuations metrics- the DCF model with an intrinsic share value of N27, and…
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Is Nigeria’s Population a problem?
Nigeria’s population exploded from 60 million at independence - 1960, to 150m in 2010. Currently, Nigeria has a population of 206 million, growing at a 2.67% annual CAGR. Meanwhile, Nigeria’s food production index…
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How Resilient is NVIDIA in the Face of Today’s Downturn?
The global economy is off to a rough start in 2022, with the Russia-Ukraine conflict, China's lockdown, supply chain chaos, decades-high inflation, soaring oil prices, and increased global market uncertainty all playing a…
