- First Holdco Slumps 20% as Investors’ Sentiment Deteriorates
- 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
Companies
First Holdco Plc experienced significant sell-offs and lost more than 20% of its market value
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
Nigerian Exchange Group to Pay Shareholders N1 as Interim Dividend The Nigerian Exchange Group Plc…
Unilever Nigeria Grows Profit by 100% to N21.98bn in 9M-2025 Staying on track to achieve…
Oando Profit Grows by 164% as Group Recognises N182bn Tax Credit Oando Plc’s profit after…
MTN Nigeria Grows Profit by 245%, Declares Interim Dividend Telecommunication giant MTN Nigeria Plc profit…
Aradel Profit Soars by 122% in Q3, Declares Interim Dividend Aradel Holdings Plc grew profit…
Zenith Bank: Investment Firm Sets N88.8 Target Price Ahead of Q3 Ranking among top picks…