- Meta Earnings Under Pressure in Q2, Revenue Up, Profit Dips
- 72% of World Trade Still Under WTO – Okonjo-Iweala
- Money Market Rates Mixed as OMO Debit Drains Liquidity by 38%
- MeCure H1 2026 Earnings Reinforce Long-Term Growth Strategy
- US Equities Sold Off, European Markets Diverge as Sentiment Shifts
- Presco Declares N10 as Interim Dividend on Weak Earnings Performance
- Customs Begins 2026 Tariff Reforms
- First Lady Empowers 1000 Petty Traders in Ile-Ife with N50m
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.
FBN Holdings Plc’s market value fell by 8%, or about N79 billion, on the Nigerian Exchange as investors exited their position in the financial services company. This has brought its stock market price near its rights offer price.
PZ Cussons Value Drops by 12% as Investors Moods Swing Sell pressures on PZ Cussons…
Unilever Nigeria Plc’s stock market valuation surged to new 52-week highs on the Nigerian Exchange (NGX) as a result of investors’ bets on the company in anticipation of robust future earnings and dividends.
Lafarge Africa Plc’s market value increased by about 29% as investors circled around the cement company’s stock on the Nigerian Exchange trading platform.
Eunisell Interlinked Plc skyrocketed by about 61% as investors kept taking positions in the technology services company. From N11.99 at the start of the week, the market price of Eunisell Interlinked shares increased to N19.27 on the Nigerian Exchange.
Aradel Rises by 10% as Employees Mop up Shares Aradel Holdings PLC recorded a 10%…