A Tale of Two Logistics Giants The Nigerian logistics sector is experiencing significant changes as some players thrive while others struggle. Red Star Express Plc has demonstrated steady growth, fueled…
Introduction: A Diverging Performance in Nigeria’s Logistics Sector The Nigerian logistics industry is seeing a major shift as Red Star Express Plc continues its impressive growth while TRANEX (Trans-Nationwide Express…
Introduction: TRANEX at a Crossroads Trans-Nationwide Express Plc (TRANEX) is facing one of its most challenging periods in recent history. The company’s latest earnings report reveals weak profitability and a…
A Sharp Decline in Performance Trans-Nationwide Express Plc (TRANEX) has reported a 51% year-on-year revenue decline in its latest earnings release, raising serious concerns among investors. The company’s revenue for…
(Unaudited Financial Statements for the Year Ended 31st December 2024) Key Financial Metrics Trans-Nationwide Express Plc experienced a significant revenue decline of 51%, contributing to increased losses. The downturn was…
Overview: Trans Nationwide Express Plc’s Remarkable Growth Trans Nationwide Express Plc (TRANSEXPR), a prominent player in Nigeria’s logistics and courier services industry, has delivered an impressive 100% growth in its…
The Nigerian Exchange (NGX) All-Share Index (ASI) closed at 105,451.1, shedding 79.7 points, which translates to a decline of 0.08% as of January 10, 2025. Despite this marginal dip, the…
While Nigeria’s dynamic economy has many growth opportunities, certain sectors face significant challenges due to economic pressures, operational inefficiencies, and external risks. These underperforming sectors and stocks present higher risks…