VETIVA COMMENTARY

Fidelity Bank delivered a stellar FY’24 performance, with gross earnings surging by 90% y/y to N1.1 trillion (Vetiva estimate: N1.0

GTCO Plc delivered an outstanding financial performance in FY’24, with profit after tax (PAT) surging by 89.0% y/y to N1.0 trillion

Zenith Bank Plc delivered a stellar financial performance in FY’24, with gross earnings surging by 86.0% y/y to N3.97 trillion (Vetiva

Data demand drives topline growth For the full year, the data business remained the key driver of topline growth, with data revenue

Improved cost control bolsters margin In Q4’24, OKOMUOIL sustained its growth momentum, with local CPO sales surging 65% y/y to ₦19.5

Earnings jump 113% y/y on core-banking gains FBNH released its FY’24 results, posting a 113% y/y increase in Gross Earnings to ₦3.3

Strong finish, earnings beat estimates STANBIC recently released its full-year earnings for 2024, reporting a 78% y/y jump in Gross

Higher pricing drives turnover growth Total recorded a 64% y/y growth in turnover, driven by a 63% y/y growth in sales of petroleum

In the current year, the cement sector has been characterized by various factors, including rising input costs, currency depreciation,

In the current year, the cement sector has been characterized by various factors, including rising input costs, currency depreciation,