- Court Nullifies Order Deregistering ADC, 4 Other Political Parties
- Italy Slashes Diesel Tax Again to Counter High Fuel Prices
- Bitcoin Cash Price Slides on Broader Market Selloffs
- Rwanda to Phase Out 2G, 3G Mobile Networks
- NLNG Generates $149.6bn, Moves to Expand LNG Capacity
- Naira Weakens as Nigeria’s Foreign Reserves Dip Below $52bn
- Solana Hovers at $74 as Morgan Stanley Launches ETH, Solana ETFs
- NGX Swells by N481bn on Insurance, Consumer Goods Stocks Rally
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.
Nigerian Aviation Handling Company (NAHCO) Plc has reinforced investor confidence with a bold shareholder reward strategy following the release of its 2025 audited report, underscoring the company’s accelerating earnings momentum and resilient balance sheet expansion despite Nigeria’s challenging macroeconomic environment.
Dangote Cement Plc has overtaken BUAFoods and MTN Nigeria as the most valuable listed company on the Nigerian Exchange, with its market cap hitting N18.358 trillion at the close of trading on Friday.
MTN Nigeria Plc lost about N2.4 trillion in market value due to significant selloffs on the local bourse amid a threat of licence revocation against South African companies.
Oando Plc’s market value tanked amid deteriorating investor sentiment, as the energy company failed to release its audited annual financial results on the Nigerian Exchange.
Citibank Nigeria Limited, Stanbic Nominees and Zenith Pensions Limited controlled about 40% of GTBank’s non-operating holding company, GTCO, as of the end of the financial year 2025.
The market value of Tier-2 financial services company Wema Bank Plc fell by about 8.5% over the last seven trading sessions, tracking below its 52-week high due to deteriorated investor sentiment.