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.

The market value of Ecobank Transnational Inc. Plc. (ETI) fell by about 10% to N397 billion on Friday due to large volume selloffs on the floor of the Nigerian Exchange. In the first three months of 2024, earnings results revealed that the Pan African lenders earned $0.28 per share outstanding, as opposed to $0.26 on shares deployed for operation in the corresponding period in 2023.

Equities analysts downgraded Dangote Cement Plc to a ‘HOLD’ with 12-month target price raised by more than 47% on expected volume recovery in Nigeria.  Dangote Cement Plc has remained steady at N657.7 the top member of cement oligarchy stem share price volatility with buyback.

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