- FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn
- Banking Index Sinks as 12 Nigerian Listed Banks Lose N2.5trn
- 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%
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)
GTCO Delivers 52% Gain in 11-Month Amidst Earnings Pressure GTCO Plc added significant value to…
Zenith Bank Sees Slight Gain on Huge Trading Volume Nigeria’s tier-1 lender, Zenith Bank Plc,…
First Holdco Completes Sale of FBNQuest Merchant Bank Financial services company First Holdco Plc has…
Ellah Lakes Rallies on Positive Investors Sentiment The Nigerian equities market ended trading on Friday,…
Asset Swap: TotalEnergies Deepwater Focus Earnings Positive TotalEnergies EP Nigeria Limited has entered into definitive…
GCR Affirms Fidelity Bank Plc’s A/A1 Ratings, Outlook Stable GCR Ratings has affirmed Fidelity Bank…
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