News
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.
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Peace Longe
Peace is a personal finance writer and journalist who explains money, markets, and everyday financial decisions in clear, practical language. He focuses on helping readers understand what actually matters, without noise or unnecessary complexity.
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Articles by Peace Longe
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.
News
Airtel Africa surges to ₦6,381 new high on NGX
Airtel Africa just printed a fresh all-time high on the Nigerian Exchange, and the numbers behind the rally suggest this telecom giant may only be warming up.
News
Nascon defies slow revenue with a 26% profit leap
Nascon Allied Industries posted its strongest half-year earnings in recent memory, but the profit surge hides a growing tension buried in its balance sheet.
News
Okomu Oil defies the NGX with an 80% surge in 2026
Okomu Oil saw its share price nearly double in twelve months, but one analyst firm sees a steep fall ahead.
News
NPF Microfinance Bank’s interest costs double in H1
NPF Microfinance Bank posted ₦2.04 billion in half-year profit, but a 121% spike in funding costs hints at deeper pressure beneath the surface.
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United Capital profit soars 77% in half-year blitz
United Capital posted one of its strongest half-year results on record, but the real story hides inside one revenue line that barely registered twelve months ago.
News
Seplat Energy breaks its 52-week high on a split NGX
Seplat Energy, Nigeria’s most expensive stock surged past ₦11,600 resistance while the broader market shed ₦305 billion in a single session.
News
MTN Nigeria sits flat at ₦850 as blue chips split
MTN Nigeria barely moved on July 23 while premium banking stocks rallied and several large-caps crashed into the daily limit.
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Vitafoam drops nearly 10% in sharp midweek retreat
Vitafoam Nigeria shed ₦18.80 per share on July 22, falling far harder than the broader NGX in a session that points to targeted profit-taking after months of steep appreciation.
News
Okomu Oil slips 7% as palm oil giants stumble
Okomu Oil and Presco, Nigeria’s two largest listed palm oil producers, lost a combined ₦371 billion in market value during the July 21 session, even as the broader NGX index edged higher.
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Cadbury Nigeria quietly surges 10% past ₦62 at NGX
Cadbury Nigeria jumped to its highest close in weeks as a Mondelez subsidiary outpaced every consumer goods peer on the board.
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Nigerian Breweries trades 150,000 shares yet stays flat
Nigerian Breweries closed unchanged at ₦75.00 on a day when First HoldCo alone commandeered nearly half of all NGX trading value, raising fresh questions about investor conviction ahead of the brewer’s July 27 earnings report.
News
Transcorp Power loses ₦24bn in revenue amid vandalism
Transcorp Power posted ₦182 billion in half-year revenue, but infrastructure sabotage dragged its top line well below last year’s pace.
News
Transcorp Hotels tumbles from 52-week high in one day
Transcorp Hotels shares opened at their highest price in a year on July 16, 2026, then dropped roughly 10% by the close as profit-taking swept across NGX heavyweight stocks.
News
NGX power stocks face a double 10% wipeout
NGX power stocks lost ₦390 billion in a single session after both listed generators crashed to the 10% circuit breaker floor, shaking the sector’s dividend narrative.
News
Seplat Energy slides 10% after opening near 52 week high
Seplat Energy pulled back sharply after opening just 2% below its 52-week peak, raising fresh questions about the staying power of a rally that nearly doubled the share price.
News
NGX surges 6.35% as market cap tops ₦156 trillion
The NGX staged its strongest weekly rebound since the June correction, adding ₦9.34 trillion to investor portfolios after three bruising weeks of selling.
News
Tantalizers moves 210,000 shares without budging
Tantalizers traded 210,000 shares on a quiet NGX session on July 10, but the price stayed frozen at ₦4.35, raising questions about what the standoff between buyers and sellers means.
News
Airtel Africa smashes past ₦6,000 to new 52-week high
Airtel Africa hit a new 52-week high at ₦6,009, but the forces behind the rally go deeper than one session.