- 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)
Zichis Extends Gains by 60% as Investors Chase Agro Stock Zichis Agro Allied Industries Plc’s…
Automobile and auto part retailers, R. T Briscoe Plc’s share price increased by about 61% over five trading sessions in the Nigerian stock market as investors chased cheaper companies.
Seplat Fires Up, Investors Bet on Tony Elumelu for Capital Gain Nigeria’s top energy company,…
Fidelity Bank Gains 6.3% as Investors Take Positions Fidelity Bank Plc.’s market valuation climbed by…
MTN to Acquire Controlling Stake in IHS Holdings, Eyes Full Ownership MTN Group, Africa’s largest…
Chams: Court-Endorsed Arbitral Award Strengthens Going-Concern Outlook Chams Holding Company Plc has notified the investing…
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