- 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.
United Bank for Africa Plc (UBA), a leading Pan-African financial institution, has released its unaudited financial results for the first quarter ended March 31, 2026, demonstrating resilient operating performance and continued balance sheet strength despite a moderated profitability environment.
Jaiz Bank Plc traded against the bullish trend on the Nigerian Exchange (NGX) and lost 7% of its market value over the last five trading sessions, amid a weekly gain of about N6 trillion in the local bourse.
Fidelity Bank Gains 11% Amidst Oversubscribed Private Placement Nigerian lender Fidelity Bank Plc. saw its…
FCMB Group Plc saw a 5% increase in market capitalisation after the Board of Directors approved the first-quarter financial results for 2026.
With less than 1% of the banking industry’s market share, short-term working capital financing accounted for the largest share of Globus Bank Limited’s loan book, Fitch said in a rating note.
United Bank for Africa (UBA) Plc has reported about 12% year-on-year customer deposit growth in the financial year 2025, according to the audited report released. The significant deposit growth reflects strong brand loyalty across key African markets where UBA holds sway.