RESEARCH ANALYSIS

Cadbury’s revenue, profit beat estimates in 2019

Sterling Bank: Impressive growth in profit despite elevated OPEX

Fidelity Bank: Earnings beat estimates; Pre-tax Profit soars by 29% y/y

Rice: Can Nigeria attain self-sufficiency in two years?

Guinness Nigeria: Revenue recovers but operating performance remains weak

IGR: States generate N986.2 billion in 9-month, up by 16.8% 

Stanbic FY 2019: Modest earnings despite frail Q4 performance

Equities: Foreign investors remain net sellers for second consecutive year 

Food items’ stock pile-up across major markets, as prices continue to drop 

Transportation: Lagos bans okadas and tricycles…including Gokada & Oride