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Airtel Africa swallows another 800k shares

Airtel Africa purchased nearly 800,000 shares in just two trading sessions, pushing its ongoing buyback past 15.9 million shares since May.

Damilola EsebameAug 4, 20261 min read
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Airtel Africa building
News

Airtel Africa swallows another 800k shares

Airtel Africa purchased nearly 800,000 shares in just two trading sessions, pushing its ongoing buyback past 15.9 million shares since May.

Damilola EsebameAug 4, 2026
Oando stuns with 331% gross profit surge in H1
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Oando stuns with 331% gross profit surge in H1

Oando swung from an operating loss to a ₦128 billion operating profit, but a familiar threat still looms beneath the surface.

Hillary RemyAug 4, 2026
Transcorp Power
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Transcorp Power slips to a fresh 52-week low

Transcorp Power closed at ₦197.70 on August 3, falling below a floor that had held for a full year, as transmission vandalism and shrinking revenue weigh on investor confidence in the utility stock.

Damilola EsebameAug 4, 2026
Aradel Holdings
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Aradel’s operating profit soars 9x to ₦1.06trn

Aradel Holdings delivered a record ₦1.06 trillion in operating profit for H1 2026, but the bottom line tells a far more complex story beneath the surface.

Peace LongeAug 4, 2026
Vitafoam building
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Vitafoam profit soars past ₦13bn through Q3 2026

Vitafoam Nigeria posted a 45% jump in nine-month net profit, fueled by a dramatic reduction in borrowing costs that unlocked billions in earnings capacity.

Damilola EsebameJul 30, 2026
BUA Food building
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BUA Foods flips a revenue dip into 12% profit growth

BUA Foods delivered wider margins and a bigger bottom line in H1 2026, even as topline revenue fell by more than ₦147 billion.

Damilola EsebameJul 30, 2026
Seplat Energy
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Seplat unlocks $140m payout from NNPC JV stake sale

Seplat is trimming its stake in the NNPC-SEPNU joint venture, freeing cash for a special dividend and quicker debt paydown across 2026.

Hillary RemyJul 30, 2026
Seplat energy
News

Seplat Energy sweetens Q2 with a rare 7-cent bonus payout

Seplat Energy declared its highest quarterly dividend on record at 12 cents per share, raising fresh questions about what fueled the rare bonus and whether it can last.

Peace LongeJul 30, 2026
Dangote Cement
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Dangote Cement flips ₦683B debt to net cash in H1

Dangote Cement erased its entire net debt position and entered cash surplus territory within a single half-year reporting period.

Damilola EsebameJul 30, 2026
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