- XRP Slips as New York Files Lawsuit Against Prediction Platform
- Transcorp Hotels Shareholders Barely React to H1-2026 Earnings
- AVA Capital’s NGX Debut Opens New Investment Window, Market Eyes Thin Free Float
- May & Baker Margin Expansion, Balance Sheet Strength Drive H1 Earnings Despite Flat Revenue
- Binance bStocks Hits $500m in AUM as Investors Turn to Tokenised Stocks
- Sterling Financial Rallies Against Market Tide, Ranks Among NGX’s Top Gainers
- Apple Beats Q3 Earnings Expectations, EPS Surges 29%
- Amazon Delivers Impressive Earnings Performance in Q2
Companies
Transcorp Hotels Shareholders Barely React to H1-2026 Earnings At N241.9 per share, there has been little reaction to Transcorp Hotels Plc’s earnings performance after…
First HoldCo Plc extended its bullish momentum as renewed investor interest and strong market participation pushed its share price higher.
Fitch Ratings has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch has also removed the National Long-Term Rating from Rating Watch Positive (RWP), affirmed it at ‘AA-(nga)’ and assigned a stable outlook.
Fitch Ratings has affirmed Guaranty Trust Holding Company Plc’s (GTCO) and Guaranty Trust Bank Limited’s (GTB) – its main operating subsidiary – Long-Term Issuer Default Ratings (IDRs) at ‘B’. Fitch has also affirmed their National Long-Term Ratings at ‘AA+(nga)’.
Fitch Ratings has affirmed Stanbic IBTC Holdings PLC’s and Stanbic IBTC Bank Ltd.’s – its banking subsidiary – National Long-Term Ratings at ‘AAA(nga)’ with stable outlooks.
In capital markets, there are moments when rhetoric becomes irrelevant, and conviction is measured only in cash deployed. Today, Wednesday, May 13, 2026, delivered one of those moments.
MTN Group (MTN) released an update for the first quarter ended 31 March 2025. Service revenue increased 20.5% to R56.7 billion. The topline was buoyed by 5.4% increase in customer base, which expanded to 312.7 million.