- 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.
Zichis topped the gainers’ chart in the Nigerian market, recording about 61% surge in its quoted price as the agro-allied stock continues to attract investors’ attention.
Zenith Bank Plc, one of the top banks in Nigeria, hit its highest value in the last 52 weeks on Nigeria Exchange
Ahead of its 2025 earnings release, GTCO Plc has crossed N4 trillion in market capitalisation, its highest valuation reached in the last 52 weeks in the Nigerian stock market.
First Holdco Writes Off N27m as Bad Debt, Not N748bn Screaming headlines, First Holdco wrote…
Tantalizer Plc has announced that the group has received N2 billion from RGM Materials Solutions Limited for 10% equity in its entertainment subsidiary, Tantainment Limited.
Wema Bank Plc hit N1 trillion in market capitalisation as the Tier-2 lender’s 2025 earnings boosted investors’ buying interest in the domestic equity market.