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.
Peace LongeJul 29, 2026
Finance Category
News
Page 19 of 32
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.
Peace LongeJul 28, 2026
News
Airtel Africa snaps up 1.5M more shares in five days
Airtel Africa’s buyback machine keeps grinding, with over 15 million shares now pulled from the open market since May
Damilola EsebameJul 28, 2026
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.
Peace LongeJul 28, 2026
News
Ecobank’s $296m profit masks $238m in rising losses
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.
Damilola EsebameJul 28, 2026
News
Malpass says naira blocks Nigeria’s path to 10% growth
Malpass argues one currency reform could unlock a transformation rivaling China’s 1993 boom, but the naira stands in the way.
Hillary RemyJul 28, 2026
News
FCMB Group stuns with 90% profit jump in H1 2026
FCMB Group posted its strongest half-year profit in years, but a steep climb in loan-loss provisions tells a more complicated story.
Hillary RemyJul 27, 2026
News
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.
Peace LongeJul 27, 2026
News
NGX Group profit surges to ₦10.4bn in six months
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.
Damilola EsebameJul 27, 2026
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.
Peace LongeJul 25, 2026
News
TotalEnergies Nigeria hits limit down on just 30 shares
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.
Damilola EsebameJul 25, 2026
News
Nigeria’s circulating cash slips to ₦5.52trn in June
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.
Hillary RemyJul 25, 2026
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