- Cardano Price Increases 8% as Investors Stake New Bets
- Binance Coin Price Rises as SilentSwap Launches on BNB Chain
- 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
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.
FirstHoldco Plc slipped in the stock market due to moderate profit-taking, as investors begin to look more closely at the financial services company’s earnings quality.
The Initiates Plc (TIP) closed trading at N30.00 on Friday, remaining slightly below …
CUTIX Gains 30% on Earnings Forecasts, Unusual Trade Volume Reflecting positive investors’ sentiment, CUTIX, an…
FBN Holdings market value has plunged by about 50% below its peak market value reached when Femi Otedola and Oba Otudeko ramped up the financial group company shares on the Nigerian Exchange.
Cadbury Nigeria Plc’s market valuation surged by about 10% as investors’ sentiment on fast moving consumer goods (FMCG) players stock improved in the domestic market.
Geregu Power Plc posted about 149% year-on-year growth in profitability in the first half of 2024, according to details from its unaudited financial statement for 2024 submitted to the Nigerian Exchange.
The hospitality industry giant, Transcorp Hotels Plc, has retreated from the list of companies with more than N1 trillion in market valuation amidst negative investors’ sentiment on the local exchange.
MTN Nigeria Plc witnessed another round of selloffs on the floor of the Nigerian Exchange (NGX) Wednesday as investors’ book early profit following its weak earnings performance. The telecommunications company’s share lost 2.67% due to selloffs from its shareholders, dragging its market valuation to N4.509 trillion.
Editors Picks
Subscribe to News
Get the latest sports news from Dmarketforces Africa about finance, business and tech.
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
