- NGX Swells by N481bn on Insurance, Consumer Goods Stocks Rally
- CBN Auctioned N600bn in OMO Bills, Raises N3.5trn at 20%
- NCC, REA Sign MoU to Drive Digital Infrastructure Expansion Through Renewable Energy
- S&P Global to Acquire Majority Stake in Agusto & Co
- XRP Tanks on Red Sentiment over U.S. Clarity Act Pause
- United Capital Delivers Robust H1 2026 Earnings, Declares 30 Kobo Interim Dividend
- Oil Prices Slide Below $85 as Supply Risk Eases
- Global Markets Swerve Ahead of Fed Rates Decision, BoJ Policy Weighs
Analysis
Transnational Corporation Plc’s earnings per share (EPS) shrank in the first half of 2026 due to a 17% year-on-year decline in profitability to N54.4 billion, its unaudited financial statement revealed.
Aradel Holdings Plc added 5.3% to its market value amid a surge in demand for oil stocks; its price appreciation was primarily driven by volume, despite a missed regulatory filing. Trading data from the Nigerian Exchange (NGX) showed that the volume of Aradel shares transacted was moderate.
GCR Ratings (GCR) has affirmed Access Bank Plc’s national scale long and short-term issuer ratings of AA(NG) and A1+(NG), respectively, while the outlook is stable.
GCR Affirms Stanbic IBTC Bank AAA/ A1+ Ratings, Outlook Stable
Dangote Sugar’s N486bn Rights Issue: A High-Stakes Reset for a Once-Dominant Consumer Giant Dangote Sugar…
GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AAA(NG) and A1+(NG), respectively, accorded to MTN Nigeria Communications Plc.
Fidson Rights Issue Sees Strong Institutional Take-Up Fidson Healthcare Plc delivered a decisive signal of…