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    Analysis

    Jaiz Bank Falls Again as Concern over Earnings Delay Stokes Selloffs

    Julius AlagbeBy Updated:No Comments1 Min Read
    Jaiz Bank Falls Again as Concern over Earnings Delay Stokes Selloffs

    Jaiz Bank Falls Again as Concern over Earnings Delay Stokes Selloffs

    Jaiz Bank plc. dropped an additional 9% of its market value as concerns about the Islamic lender’s delayed audited financial statements stoked sell pressure in the local bourse.

    Trading data from the Nigerian Exchange showed that the Islamic lender has lost 48% of its market value over 52 weeks due to a downbeat shareholder/investor sentiment.

    Data obtained from the Nigerian Exchange showed Jaiz Bank’s share price nosedived to N8.01 on Tuesday, losing 8.98% as 16.298 million units valued at N138.632 million were transacted, led by sell-side actors seeking to exit positions.

    The non-interest bank has lost about half of its market value in its latest round of selloffs. At the close of the trading session, the market value of Jaiz Bank Plc’s 44.589 billion outstanding shares has been reduced to N357.161 billion on the Nigerian Exchange.

    Jaiz Bank has yet to release its audited financial statements for the financial year 2025, in breach of the regulatory deadline and the expectations of listed companies.

    Jaiz Bank Investors Dump Shares Amidst Missed Regulatory Filing

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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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