- CBN Auctioned N600bn in OMO Bills, Raises N3.5trn at 20%
- NCC, REA Sign MoU to Drive Digital Infrastructure Expansion Through Renewable Energy
- S&P Global to Acquire Majority Stake in Agusto & Co
- XRP Tanks on Red Sentiment over U.S. Clarity Act Pause
- United Capital Delivers Robust H1 2026 Earnings, Declares 30 Kobo Interim Dividend
- Oil Prices Slide Below $85 as Supply Risk Eases
- Global Markets Swerve Ahead of Fed Rates Decision, BoJ Policy Weighs
- AI Trade Dangerously Financing Itself, China Just Found the Exit: CEO
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.
Seplat Energy Plc has appointed Mr Effiong Okon as Chief Executive Officer from Aug. 1, while Mr Tony Elumelu will become Chairman from Jan. 1, 2027.
The South African rand trades flat on Wednesday after the country reported 0.5% gross domestic product (GDP) growth in the first quarter of 2026.
Moody’s Ratings has today affirmed Bank of Industry Limited’s (BOI) long-term issuer ratings and long-term corporate family rating at B3.
Standard Bank Group has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent.
The equities market extended its bullish run on Tuesday, with the Nigerian Exchange (NGX) All-Share Index (ASI) advancing by 0.53% to close at 244,697.62 points.
The South African Rand climbed ahead of the country’s gross domestic product (GDP) data scheduled for release on Tuesday, as the debt office planned to auction local bonds.a