Author: Gilbert Ayoola

DEAP Capital Gains Traction on Strategic Repositioning DEAP Capital Management & Trust Plc has emerged as one of the most active counters on the exchange, riding a sharp surge in investor sentiment following management’s disclosure of a proposed strategic partnership with Banklink Africa Fund. The Memorandum of Understanding (MoU) signals a decisive shift in DEAP Capital’s growth trajectory, with a clear focus on capital reinforcement, institutional strengthening, and long-term value creation. Over the past three weeks, the stock has recorded exceptional price momentum, driven largely by expectations that the partnership will unlock fresh capital injection and reposition the company as…

Wema Bank Bolsters Earnings, Expands Balance Sheet Wema Bank Plc delivered a robust Q4 2025 performance, as reflected in its unaudited consolidated and separate financial statements for the year ended 31 December 2025. The results underscore a year of accelerated balance sheet growth, resilient core earnings expansion, and improving capital buffers, positioning the bank favourably within Nigeria’s financial services sector. Top-line growth remained dominant during the year under review. Gross revenue surged by 62.7% to N577.01bn from N354.60bn, driven largely by strong interest-earning asset expansion. This growth came despite a notable rise in interest expenses, which increased year-on-year to N216.00bn…

Red Star Express Hits 52-Week High, Restructuring Drives Rally Red Star Express Plc delivered a standout performance on the equities market on Wednesday, January 28, 2026, emerging as one of the session’s top gainers following a decisive rally that pushed the stock to both its 52-week high and intraday high of N20.80. This marks a sharp appreciation from its previous opening price of N19.00, translating to an absolute gain of N1.80 and a 9.47% intraday advance, firmly placing the counter at the top of the gainers’ chart. The market rally reinforces the stock’s strong medium-term momentum. On a year-to-date and…

Dangote Fertilizer Strengthens Governance Ahead of Market Debut In a strategically timed governance move, Aliko Dangote has appointed Zimbabwean Ralph Mupita, Group President and CEO of MTN Group, to the board of Dangote Fertiliser, reinforcing the company’s leadership bench as it prepares for a planned listing on the Nigerian Exchange this year. The appointment signals a deliberate focus on institutional credibility, execution discipline, and market readiness at a pivotal moment for the fertiliser and petrochemicals business within Dangote Group Industries. Mupita brings a proven public-markets pedigree, having spearheaded the landmark listing of MTN Nigeria in 2019, a transaction that set…

NCR Nigeria Q4 2025 Unaudited Results Highlight Valuation-Fundamentals Mismatch NCR Nigeria Plc’s unaudited Q4 2025 financials present a mixed operational recovery that, when weighed against its current market price of N199 per share, offers limited justification for further upside. Despite a headline return to profitability, the underlying fundamentals lack the leverage required to support prevailing investor optimism, reinforcing the view that the stock is overpriced. Revenue expanded materially to N3.08bn in 2025 from N2.15bn, reflecting improved activity levels. However, this growth came at a significant cost with the cost of sales surged to N2.81bn from N1.52bn, compressing margins sharply. As…

Investing Through the Numbers: A Season for Discipline As quoted companies on the Nigerian Exchange (NGX) begin to release their 2025 financial results from this week onward, investors are entering the most consequential phase of the market calendar. Earnings season is where narratives give way to evidence. Prices may move on sentiment in the short term, but sustainable returns are built on numbers revenue quality, margin direction, cash generation, and balance-sheet strength. This is the moment to slow down, study the figures, and let facts not noise set portfolio direction. A disciplined approach starts with running through the statements line…

Skyway Aviation Momentum Extends Into New Trading Week Skyway Aviation Handling Company Plc sustained its bullish momentum into the first trading day of the new week, Monday, January 26, 2026, confirming that the breakout recorded late last week remains intact. Renewed investor interest drove the stock higher by an additional N9.85, mirroring the magnitude of the previous session’s advance and reinforcing the strength of the current price trend. Intraday activity reflected selective buying anchored on fundamentals, with demand comfortably outweighing supply. The stock closed at N109.80, marking a fresh 52-week high and placing the price well above its 50-day moving…

Where Smart Money Is Going: Nigeria’s Real Estate Sector Roadmap to 2026 Nigeria’s real estate sector is entering a defining phase as it aligns with demographic pressure, capital market deepening, and a renewed policy focus on infrastructure and housing delivery. By 2026, the sector is expected to consolidate its role as a strategic contributor to economic growth, with market activity increasingly gravitating toward scalable, institution-friendly developments capable of unlocking an estimated N1 trillion in value across housing, commercial property, and mixed-use assets. With a population exceeding 220 million, Nigeria’s housing deficit remains structurally significant, positioning real estate as both a…

Zichis Rides Growth Wave with Solid Fundamentals Zichis Agro-Allied Industries Plc’s nine-month Q3 2025 results, recently disclosed on the NGX, underscore a compelling growth trajectory. Revenue surged an impressive 122%, rising from N209.21 million to N464.10 million, while profit before tax catapulted 364% to N201.04 million from N43.36 million. Profit after tax mirrored this momentum, climbing from N34.71 million to N166.54 million. Shareholders’ funds expanded from N851.50 million to N1.01 billion, alongside a modest rise in the shareholder base from 23 to 28, highlighting both robust capital structure and growing market confidence. On a per-share basis, earnings per share leapt…

Skyway Aviation Soars to New High, Earnings Reignites Bargain Hunting Skyway Aviation Handling Company Plc returned emphatically to investors’ radar on Tuesday, January 20, 2026, delivering a rejuvenated performance that underscored renewed confidence in the aviation counter and the broader equities market. After a prolonged period of consolidation, a powerful catalyst-driven move that previously lifted the stock to its 52-week high of N99.50, reinforcing bullish sentiment around the stock. During Tuesday’s intraday session, selective buying supported by improved sector fundamentals ignited a sharp repricing. Skyway Aviation opened at N88.45 and rallied strongly to close at N96.20, marking a gain of…