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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.
Peace LongeJul 29, 2026
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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.
Okomu Oil saw its share price nearly double in twelve months, but one analyst firm sees a steep fall ahead.
Airtel Africa’s buyback machine keeps grinding, with over 15 million shares now pulled from the open market since May
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.
Ecobank posted a healthy profit for the first half of 2026, but a 40% spike in impairment charges tells a different story beneath the surface.
Malpass argues one currency reform could unlock a transformation rivaling China’s 1993 boom, but the naira stands in the way.
FCMB Group posted its strongest half-year profit in years, but a steep climb in loan-loss provisions tells a more complicated story.
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.
NGX Group’s transaction fees surged 169% in the first half of 2026, lifting the exchange operator’s earnings to levels that took all of 2025 to reach.
Seplat Energy, Nigeria’s most expensive stock surged past ₦11,600 resistance while the broader market shed ₦305 billion in a single session.
TotalEnergies Nigeria’s stock crashed 10% on just 30 traded shares, exposing what a tight float and vanishing liquidity can do to a loss-making giant.
The CBN’s latest monetary data shows a sharp monthly drop in physical cash, but the real story may be what’s pulling money back into the banking system.
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