Author: Gilbert Ayoola
Gilbert Ayoola is the Chairman of Ibadan Zone Shareholders’ Association. He is an investment expert with years of experience that cut across the Nigerian capital market.He has deep knowledge of the Nigerian economy, tracking the performance of listed companies, banking and finance, and government policy.With 20+ years of experience working with numbers across African financial markets, Gilbert delivers reports on corporate earnings and airs opinions on banks' activities and other money market players.He conducted extensive financial analyses of Nigerian Exchange’s Top 30-listed companies with depth and dexterity that match global best practices.Gilbert Ayoola is based in Ibadan, Oyo State, Nigeria
Strong Fundamentals – Okomu Oil Palm Posts Explosive Q3 Earnings Okomu Oil Palm Plc, one of Nigeria’s leading agribusiness companies, delivered a stellar unaudited Q3 2025 financial performance, firmly solidifying its position as a top-tier player in the palm oil sector. In a season marked by macroeconomic uncertainty and global commodity price volatility, the company posted a profit after tax (PAT) of N60.33 billion, a dramatic leap from N12.70 billion in Q3 2024 a 57% year-on-year increase. This financial resurgence, which extends the momentum seen in its H1 2025 results, not only reaffirms the company’s resilience but also sets the…
Africapitalism, Digital Transformation: Catalyst for Shared Prosperity , Youth Empowerment in Africa’s Economic Renaissance At the convergence of capitalism, technology, and socio-economic awakening lies a transformative ideology reshaping the contours of African development – Africapitalism. This distinctly African economic philosophy, championed by thought leaders like Tony Elumelu, posits that the private sector particularly African businesses holds the key not only to economic profit but to social progress, inclusive growth, and long-term wealth creation for the continent. In the 21st century, digital transformation has become the lifeblood of global commerce and innovation. In Africa, however, it is more than just an…
Nigerian Markets Booming , Equities, Fixed Income Assets Attract Investors Interest The Nigerian Exchange continued its bullish momentum on Thursday, October 16, 2025, as positive investor sentiment drove gains across equities and fixed income markets. The NGX All-Share Index closed higher at 148,355.04 points, up 0.41%, extending its climb past the 145,000 mark earlier this month. This upward trend reflects sustained buying interest, particularly from institutional investors positioning ahead of Q3 earnings season. Market capitalisation for listed equities rose to N94.17 trillion, supported by strong demand in key sectors including banking, oil & gas, telecommunications, and industrials. The fixed income…
Nigeria’s Disinflation Signals Renew Investors Confidence, Consumer Relief In a significant development that has caught the attention of investors and market participants alike, Nigeria’s headline inflation rate for September 2025 eased to 18.02%, down sharply from 20.12% recorded in August 2025. This notable decline of over two percentage points marks a critical turning point in Nigeria’s inflationary trajectory, suggesting an easing of price pressures that have beleaguered the economy for much of the year. The month-on-month (MoM) headline inflation rate further underscores this trend with a modest 0.72% increase, complemented by a particularly encouraging food inflation rate contraction of -1.57%…
Nigeria’s Gas Boom: Unlocking Billion-Dollar Investments , Charting New GDP Growth Trajectory The Nigerian economy stands on the cusp of an industrial renaissance, propelled by a robust surge in upstream gas investments. With Shell’s recent $2 billion Final Investment Decision (FID) on the HI offshore gas field (OML 144), the total value of upstream oil and gas FIDs in Nigeria has now surpassed $8 billion in just 18 months under President Bola Ahmed Tinubu’s administration. Beyond the headline figures, this development signals a fundamental shift in Nigeria’s economic structure particularly its gas sector’s transformative role in revenue generation, export growth,…
Nigeria Infrastructure Debt Fund: A Steady Performer in Yield-Hungry Time In an era where yield has become a scarce commodity and investors are increasingly navigating volatile asset classes, the Nigeria Infrastructure Debt Fund (NIDF) remains a beacon of stability and income. As Africa’s first listed infrastructure debt fund, NIDF continues to deliver on its core mandate of providing consistent, inflation-hedged, and relatively low-risk income, while simultaneously supporting Nigeria’s critical infrastructure development. The recently released Q3 2025 financial results further reinforce the fund’s credentials as a steady performer and a dependable yield vehicle in uncertain times. The headline numbers from NIDF’s…
Transcorp Power Hits All-Time High as Q3 Earnings Renew Investors Confidence Transcorp Power Plc commenced its debut trading week on a strong bullish note, closing at N342 on Monday, October 13, 2025, marking a significant N28 gain from its opening price of N314. The power utility stock hit an all-time high, supported by investor optimism following the release of its Q3 financial results, which underscored improved earnings and strengthened market positioning. Trading volume stood at 1,830,724 units across 178 trades, reflecting heightened investor interest. The current price hovers near its 52-week high of N364.90 and significantly outpaces its 50-day moving…
Seplat’s $3 Billion Investment Strategic Bet on Nigeria’s Energy Future In a bold and calculated strategic pivot, Seplat Energy Plc, Nigeria’s foremost indigenous oil and gas company, has unveiled a five-year investment roadmap that underscores its commitment to expanding domestic energy production and deepening its upstream and midstream footprint. The company’s plan, estimated to require up to $3 billion in capital investment, is a reflection of both rising investor confidence and Nigeria’s shifting energy landscape where indigenous players are becoming dominant amid the gradual retreat of international oil companies (IOCs). The Seplat 5-Year roadmap blueprint is anchored on three major…
Geregu: A Resilient Climb Amidst Power Sector’s Headwinds Geregu Power Plc’s unaudited Q3 2025 results for the period ended September 30 reveal a resilient and promising financial performance that strengthens the company’s foothold within Nigeria’s increasingly strategic power generation sector. Despite navigating the traditional challenges endemic to the energy space – currency volatility, infrastructure pressure, gas supply inconsistencies, and regulatory overhang – the company has demonstrated revenue growth and earnings stability that speak to both operational discipline and market positioning. The results come at a critical juncture, as Nigeria’s federal government proposes a N4 trillion debt refinancing package for the…
Fiscal Shockwave: Tinubu Reclaiming Every Kobo for Nigerians In a bold and transformative fiscal pivot, President Bola Ahmed Tinubu has triggered what many are calling a “fiscal bombshell”, a sweeping reform that bars key federal revenue-generating agencies from retaining a share of the funds they collect. From now on, every kobo generated by the Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) must be remitted in full to the Federation Account. This reform, announced by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, effectively abolishes the…