Category: Napkin Notes
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MTN Nigeria is Nigeria’s biggest telco and of the 30 biggest companies on the NGX by market cap. Earlier this year, i had written about the company living on a prayer. Those prayers were answered some months ago, following approval by the NCC for the telcos to raise tariffs after over a decade. Here is…
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NAHCO Aviance has maintained the robust financial performance from last year and Q1 2025. Here is a brief walkthrough of H1 2025 numbers. H1 2025 numbers NAHCO made N32.3 billion in revenue for the six months ended June 2025. Up 102% year on year The company made N8.8 billion in profit after tax . Up…
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NASCON Allied Industries yesterday released its results for the half year ended June 2025. About the firm NASCON Allied Industries is informally known as Dangote Salt since Aliko Dangote through Dangote Industries Limited (DIL) is the core shareholder. The principal activities of the company include, the processing of raw salt into refined, edible and grade…
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Lafarge Africa is one of 3 listed cement firms, listed on the NGX. The others are Dangote Cement and BUA Cement. The company released its H1 2025 results, after market close yesterday. H1 2025 results H1 means the first 6 months of the company’s financial year. Lafarge Africa runs a 12 month calendar from January…
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Livingtrust Mortgage Bank had a higher growth in profit in Q2 2025 compared to the previous quarter. In terms of valuation, the stock seems to be a bit pricey going by price to book value About the firm Livingtrust Mortgage Bank Plc was incorporated on March 9, 1993. The Bank converted from a Private Limited…
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Geregu Power is a generating company (GENCO) listed on the Nigerian exchange. Here’s a rundown of the company’s numbers for the half year ended June 2025 The numbers H1 2025 revenue had a marginal uptick, while profit was essentially flat. Revenue went up by 8.76% from N80.6 billion in 2024 to N87.6 billion in 2025.…
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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…