VETIVA

Inflation moderates for the first time in 19 months Nigeria’s July 2024 CPI reading showed that prices rose at a slower pace for the

Higher topline lifts overall performance In Q1’25, Flour Mills reported a 67% y/y increase in revenue to ₦763.2 billion. This growth

Limited FX exposure in Q2 yield gains For the Q2’24 period, despite the high levels of rainfall, revenue increased by 49% y/y to

Global economic picture remains mixed but shows resilience. Despite the pressures on the global economy from high interest rates and

In May, headline inflation rose by 26bps to 33.95% y/y (Apr’24: 33.69% y/y). The outturn was 55bps below the Bloomberg consensus

Provisions of the sale agreement • Diageo is selling its shareholding in Guinness Nigeria Plc, as it looks to reduce its presence in

In the third meeting of the year, the Cardoso-led Monetary Policy Committee (MPC) raised the Monetary Policy Rate by 150bps to 26.25%,

In April, headline inflation rose by 49bps to 33.69% y/y (March: 33.20% y/y). The surprise outturn was 51bps below Bloomberg

In Q1’24, ACCESSCORP showed robust topline growth, with Gross Earnings rising 140% y/y to ₦974 trillion. This increase was primarily

4th Quarter Performance In its Q4 results, UBA’s Gross Earnings came in at ₦767 billion, 213% higher y/y. This was as a result of a