- Iran Plans to Restore 3mbpd Oil Production in 60 Days
- Aradel Grows Profit by 192%, Declares N23 as Final Dividend
- Dangote Cement Sells 64% of Production Volume to Nigerians
- Naira Tumbles as Interbank FX Turnover Drops by 43%
- XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment
- ETC- Ethereum Classic Gains 6% on Listing Speculation
- Bitcoin Climbs, JP Morgan Says BTC Trades Below Mining Costs
- Equities Investors Lose N939bn as Banking Index Tumbles
Companies
Oil company Aradel Holdings Plc has announced a N23 dividend per share following an earnings beat for the 2025 financial year. The company grew profit after tax by 192% year-on-year to N757 billion, beating analysts’ estimates by miles.
With a profit margin of more than 60%, Dangote Cement Plc sold 64% of its production volume
GCR Ratings (GCR) has upgraded Wema Bank Plc’s national scale long and short-term issuer ratings to A(NG)
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.
Nigerian Breweries Grows Profit by 25.6% in Q1 Nigerian Breweries Plc has recorded a 25.6…
CSCS Shareholders Approve N1.78 Dividend Per Share The Central Securities Clearing System Plc (CSCS) has…
Equity analysts at CardinalStone Securities Limited have raised GTCO’s 12-month target price to N159.65 as the financial services group returns to its pre-2023 dividend payout ratio.
FirstHoldco Gains 23% on Trading Volume, Pre-Q1 Positioning FirstHoldco gained 23% as investors stepped up…
Ecobank Transnational Incorporated (ETI) soared by 46% in the Nigerian stock market as investors accumulated the Pan-African financial group units ahead of dividend payments.
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.
