- Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn
- Equities Investors Lose N5.6trn as NGX Indicators Plunge
- 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
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.
Dangote Sugar Refinery Plc’s (Ticker: DANGSUGAR) share price nosedived by 10% as investor sentiment deteriorated after an unimpressive earnings performance.
Jaiz Bank Plc faced a significant selloff, with its market value plunging 10% as investors offloaded shares associated with Islamic finance.
Oando Breaks Out on Rights Issue Optimism, Oil Tailwinds Oando Plc delivered an emphatic statement…
Champion Breweries Completes Bullet Brand Portfolio Acquisition Champion Breweries today announced the successful completion of…
With an estimated 25% upside potential, equities analysts at Anchoria Securities Limited have recommended Access Holdings Plc shares for investors seeking to build a portfolio of banking stocks.
Nigeria’s private sector activity deteriorated in January, Stanbic IBTC revealed in its purchasing manager index (PMI) report released by S&P Global on Monday.