- 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.
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)
Moody’s Upgrades Helios Towers’ Rating Moody’s has upgraded Helios Towers plc’s corporate family rating (CFR)…
Ellah Lakes Faces Capital Setback Amid Market Challenges Ellah Lakes’ recent attempt to raise N235…
Oando Plc has announced a plan to begin the second tranche of its share distribution to qualified shareholders, the energy company told the Nigerian Exchange.
Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund has announced a plan to pay dividends to shareholders on February 27, 2026, following its latest earnings performance.
Seplat Energy Plc has gained about 57% or N2 trillion, a rare move for an energy-linked stock, based on its historical trading data on the Nigerian Exchange platform.
IHS Towers shareholders have agreed to sell 75% interest to MTN Group at $8.50 per share, according to an official statement, a deal planned to be executed in cash.
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.
