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Dangote Cement Plc hit a 52-week high on the Nigerian stock market, with investors posting a 12.16% gain over the last five trading sessions.
Fitch Ratings has affirmed Zenith Bank Plc’s Viability Rating (VR) at ‘b’, Long-Term Issuer Default Rating (IDR) at ‘B’ and National Long-Term Rating at ‘AA(nga)’. Fitch’s outlook on the Long-Term IDR and the National Long-Term Rating is stable.
First HoldCo Plc delivered a deeply mixed but strategically revealing audited FY2025 performance, reflecting the harsh realities of Nigeria’s elevated interest rate regime, regulatory tightening, asset repricing pressures, and post-FX reform adjustments within the banking industry.
Equities investment analysts at CardinalStone Securities Limited, one of the top brokers with the highest transaction record in the Nigerian Exchange, have raised Unilever Nigeria’s 12-month target price to a hold recommendation.
Access Holdings Plc has clarified that its inability to pay dividends for the 2025 financial year was due to regulatory and prudential compliance requirements rather than weak earnings or liquidity challenges.
Guinness Nigeria Ranks Third-Largest Guinness Market Globally Guinness Nigeria Plc says the country has emerged as the third-largest market for…
Ecobank Delivers Q1 Earnings on Asset Quality Reset, Efficiency Ecobank Transnational Incorporated delivered a resilient first-quarter performance in 2026, underpinned…
Access Holdings Plc’s decision to reduce equity stakes in some of its foreign subsidiaries following the Central Bank of Nigeria directive limiting offshore investments to 10% of shareholders’ funds represents more than a routine regulatory adjustment; it is a defining moment for capital discipline within Nigeria’s banking sector.
MTN Nigeria Plc slumped by about 9% on the Nigerian Exchange amid a surge in transaction volume driven by sell-side actors. The share price declined, dragging MTN Nigeria’s market value back from the 52-week high reached after its Q1 2026 earnings.
Cement company Lafarge Africa Plc’s post-earnings stock market valuation surged about 19% to N5.64 trillion, according to data obtained from the Nigerian Exchange (NGX).