Category: Napkin Notes
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University Press few days ago released its audited FY 2025 results. The company is one of three firms in that space listed on the NGX, the others being Learn Africa and Academy Press. Topline and bottomline growth There was decent topline and bottomline growth, year on year. Revenue rose 29.2% from N2.6 billion in 2024…
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Learn Africa is one of the three listed numbers in the publishing space, the other two being Academy Press and University Press. The company a few days ago released its results for the financial year ended March 2025. Topline and bottomline Revenue rose by 26.8% from N4 billion in 2024 to N5.1 billion in 2025.…
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Aviation player NAHCO yesterday joined the 100 club. Thats a select group of companies on the exchange trading above 100. In dollar terms, a N100 may not be a big deal. For the NGX, its major. You have barely 20 companies trading at a N100 a share or more. Narrow it to the N100 to…
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Agri giant Presco yesterday hit the N1,000 mark in today’s trading session. The company joins a select number of players on the NGX trading at this level. They include Airtel Africa, Nestle Nigeria and Seplat Year to date, the stock is up over 100%, outperforming the All Share Index which is up over 11%. The…
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A few days ago, Cornerstone Insurance released its audited FY 2024 results. There was a huge bounce in both topline and bottomline. The breakdown Insurance service result returned to profitability. Insurance service revenue result for FY 2024 was N2.1 billion, as against a N337 million loss recorded in FY 2023. Profit after tax rose by…
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Northern Nigeria Flour Mills (commonly known as NNFM() is one of the duo of players in that space listed on the NGX. Few episodes ago, i covered Honeywell Flour Mills its sister company. Both are ultimately controlled by FMN Flour Mills of Nigeria now known as Golden Penny Foods. Audited FY 2025 2025 was a…
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Custodian Investment has in the last few days piqued my curiosity as it traded larger than normal volumes. Following the transactions, the company filed insider dealing notices with the NGX. There were 3 insider related transactions. Two by Olakunle Ade-Ojo and one by Adeniyi Falade an Executive Director Between May 19, 2025- May 26, 2025,…
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Honeywell Flour Mills yesterday released its audited FY 2025 results after trading hours. While there was topline growth and the company returned to profit, it has opted not to pay a dividend in other to conserve capital. In the short term, this could lead to investors selling off. The numbers below are for the company,…
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FY 2024 was an outstanding year for NAHCO, despite a turbulent economy. Revenue rose by 88.5% from N28.3 billion in 2023 to N53.5 billion in 2024. Profit after tax increased by 132% from N5.5 billion in 2023 to N12.8 billion in 2024. The company has proposed a final dividend of N5.94 to be paid on…
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Access Holdings is parent company of Access Bank. A holdco structure was adopted to enable the bank venture into other parts of financial space. The bank is still the biggest entity, so id use Access Bank interchangeably all through this post. Access is also Nigeria’s largest bank by assets. As at Q1 25, it had…