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The latest market, business and company news from Stockertim — updated as it happens.
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FTN Cocoa Names Wale Jubril as Interim Chairman
FTN Cocoa Processors Plc has appointed Otunba Wale Jubril as Interim Chairman of its Board, following the death of long-serving Chairman High Chief (Sir) S.O. O
Aug 19, 2026
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Heavy Selling in First HoldCo and Fidelity Bank Erases N544.5B from Nigerian Equities
The Nigerian equities market extended its bearish run on Tuesday, August 18, 2026, as renewed profit-taking in large-cap stocks, particularly First HoldCo and F
Aug 19, 2026
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Mr Eazi Eyes Major NGX Listing as African Entertainment Business Moves Toward Capital Markets
LAGOS — Nigerian musician and entrepreneur Oluwatosin “Mr Eazi” Ajibade is considering a major listing on the Nigerian Exchange (NGX), potentially bringing one
Aug 19, 2026
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CWG
CWG Plc Reports N15.5bn IT Infrastructure Surge in H1 2026
Nigerian technology solutions provider CWG Plc recorded a remarkable 142.4% year-on-year surge in revenue from its IT Infrastructure Services segment, reaching
Aug 19, 2026
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Ex-SpaceX Executive Joins Nigerian Defence-Tech Firm Terra Industries
Former SpaceX executive Ben MacWilliams has joined Nigerian defence technology company Terra Industries as Vice President of Strategy, bringing experience from
Aug 19, 2026
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ABSA
Absa Targets Nigeria Expansion as Pan-African Growth Strategy Intensifies
LAGOS — Absa Group is weighing an expansion of its presence in Nigeria as South Africa’s banking giant accelerates efforts to diversify revenue beyond its home
Aug 19, 2026
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US Lifts 12-Year Security Restriction on Nigerian Ships, Opening New Investment Case for Ports and Maritime Stocks
ABUJA — The United States has lifted a 12-year security restriction on vessels arriving from Nigeria, removing a major operational hurdle that has weighed on th
Aug 19, 2026
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Banks Credit to Finance Sector Surges to ₦9.8 Trillion in March - CBN
Credit extended by Nigerian deposit money banks to the finance, insurance and capital market sector rose to N9.80 trillion in March 2026, up from N9.03 trillion
Aug 19, 2026
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KC Luxury Arrest: NDLEA Investigation Puts Luxury Business Empire Under Scrutiny
The arrest of Nigerian luxury entrepreneur and social media personality Afolabi Kazeem Michael, popularly known as KC Luxury or Kaycee Luxury, has raised questi
Aug 18, 2026
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May & Baker Warns Investors Against Fraudulent Investment Scheme
May & Baker Nigeria Plc has disowned a fraudulent investment scheme known as “M&B Equity Stake,” warning the public against unauthorized individuals and platfor
Aug 18, 2026
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STANBIC
Standard Bank Eyes Stake in OPay Ahead of Planned $4 Billion US IPO
South Africa’s Standard Bank Group is in discussions to acquire a stake in Nigerian fintech company OPay Digital Services as the payments platform prepares for
Aug 18, 2026
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Dangote Refinery Secures $1B Underwriting Support Ahead of Landmark IPO
Dangote Petroleum Refinery & Petrochemicals has locked in $1 billion in underwriting support as it advances preparations for an initial public offering (IPO) ex
Aug 18, 2026
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Otedola Tightens Grip on First HoldCo with ₦20.68 Billion Share Acquisition
Calvados Global Services Limited, an investment vehicle tied to billionaire investor and Group Chairman Femi Otedola, has purchased an additional 147,737,699 or
Aug 18, 2026
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ACCESSCORP
Court Orders 71 Lenders to Freeze Accounts Over ₦1.3bn Access Bank Fraud
A Nigerian court has directed 71 financial institutions, spanning commercial banks and fast-growing fintech platforms, to immediately freeze several accounts in
Aug 18, 2026
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UCAP
United Capital Insider Otusanya Taiwo Divests 17,000 Shares in Latest Nigerian Exchange Deal
In accordance with strict corporate disclosure regulations mandated by Nigerian Exchange Limited (NGX), leading pan-African financial services group United Capi
Aug 17, 2026
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GEREGU
Geregu Power Appoints New Acting CEO Amid Strategic Realignment
Geregu Power PLC has announced a significant leadership transition, naming Engr. Mohammed Sani Jaoji as its Acting Chief Executive Officer, effective August 17,
Aug 17, 2026
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Nigerian Stocks Dip in Healthier Retracement, Unlocking Value for Savvy Investors
Nigerian equities are holding firm near the 243,000-mark, supported by a remarkable year-to-date growth exceeding 56% and a total market capitalization above N1
Aug 17, 2026
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BOI’s Inaugural ₦250 Billion Bond Sparked High Demand to Finish Oversubscribed
The Bank of Industry (BOI) has made a strong entrance into Nigeria’s domestic debt capital market, with its inaugural ₦250 billion Series 1 Fixed Rate Bond over
Aug 17, 2026
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CBN Reports Net FX Inflows Down 29% to $4.94B in March
Nigeria recorded a net foreign exchange (FX) inflow of $4.94 billion in March 2026, marking a 38% year-on-year increase compared to $3.58 billion in March 2025.
Aug 17, 2026
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NGXGROUP
NGX Overhauls Stock Price Movement Thresholds to Boost Market Liquidity
The Nigerian Exchange (NGX) is introducing a new tiered minimum volume structure to govern equity price movements across the trading floor, marking a strategic
Aug 16, 2026
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SEC Orders Immediate Cessation of Capital Market Business with North Korea, Iran
The Securities and Exchange Commission (SEC) has issued a directive ordering all Nigerian capital market firms to immediately sever all business ties with the D
Aug 16, 2026
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LEGENDINT
Legend Internet Plc Files Q2 2026 Financials Amid Strategic Expansion and Market Growth
Legend Internet Plc has officially submitted its Quarter 2 financial statement for the 2026 financial year to the Nigerian Exchange Limited (NGX). The corporate
Aug 14, 2026
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Dangote Refinery Delays Foreign Stock Listing for Three Years
Dangote Petroleum Refinery is prioritizing its domestic Initial Public Offering (IPO) on the Nigerian Exchange, deferring any international stock market listing
Aug 14, 2026
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May & Baker Leads Pharma Sector in Profit Margins
In the first half of 2026, Nigeria’s major listed pharmaceutical companies demonstrated strong financial resilience, driven by rising revenue and improved cost
Aug 14, 2026
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Aradel Holdings Set to Roll Out Petrol Production by 2027
Integrated indigenous energy firm, Aradel Holdings Plc plans to begin refining petrol at its modular facility by 2027. Temitayo Ogunbanjo, manager of Aradel’s r
Aug 14, 2026
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Former Airtel Africa Chief Segun Ogunsanya Joins Vodacom Board
Vodacom Group has appointed Segun Ogunsanya, former Group CEO of Airtel Africa, as an independent non-executive director effective October 9, 2026. The announce
Aug 13, 2026
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Jumia secures $50M IFC-led funding following 14% Q2 revenue growth
African e-commerce leader Jumia Technologies AG has raised $50 million in a capital drive anchored by a $25 million investment from the International Finance Co
Aug 13, 2026
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Stockertim Launches Composite Index alongside New Monthly Outlook Reports
Stockertim has officially launched the Stockertim Index, also known as the Stockertim Composite, a growth-oriented benchmark designed to track its diversified g
Aug 12, 2026
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Tinubu Signs Executive Order to Unlock $50 Billion Deep Offshore Energy Boom
In a decisive move to revitalize Nigeria’s energy sector, President Bola Ahmed Tinubu has signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remissio
Aug 12, 2026
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AIRTELAFRI
Airtel Africa Advances Capital Allocation Drive with Fresh Share Repurchase Disclosures
Telecommunications giant Airtel Africa plc has disclosed a new round of transactions in its own shares as part of its ongoing capital optimization initiative, a
Aug 11, 2026
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Airtel Africa Gains Boost Nigerian Exchange Above N160 Trillion Threshold
The Nigerian equities market surged on Monday, August 10, 2026, driven by strong buying interest in high-net-worth stocks. Led by a notable 8.59% surge in Airte
Aug 11, 2026
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Nigeria’s FX Turnover Jumps 117% to $3.73 Billion
Nigeria’s foreign exchange market experienced a sharp rebound in activity for the week ended August 7, 2026, recording a total turnover of $3.73 billion. This r
Aug 11, 2026
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Clinoscope Acquires N312M Neimeth Stake After 2025 Sell-Off
In a corporate filing submitted to the Nigerian Exchange (NGX) by Company Secretary Chinenye S. Adekanmbi, Neimeth International Pharmaceuticals Plc revealed th
Aug 10, 2026
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First Securities Tops Nigerian Broker Rankings as Bamboo Leads Retail
Retail investors drove roughly one in every four stock trades on the Nigerian Exchange (NGX) between January and July 2026, according to the latest NGX Broker P
Aug 10, 2026
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STANBIC
Stanbic IBTC Signals Potential Delay in Filing H1 2026 Audited Financials Ahead of Regulatory Approvals
Stanbic IBTC Holdings Plc has informed the Nigerian Exchange Limited (NGX) and its stakeholders of a potential slight delay in publishing its Audited Financial
Aug 10, 2026
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Nigerian Firms Earn N179.5bn from T-Bills and Bank Placements in H1 2026
Driven by a sustained high-interest-rate environment, Nigerian listed companies saw their finance income surge in the first half of 2026. A sample of 19 top-per
Aug 10, 2026
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MultiChoice to Drop Four DStv Channels in September Lineup Review
Pay-TV giant, MultiChoice has announced plans to discontinue four DStv channels on September 16, 2026, as part of an ongoing review of its broadcast portfolio.
Aug 9, 2026
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First Week of August: FUGAZ Banks Drive N237.8 Billion Recovery in Stock Market
The Nigerian equities market closed the trading week on a bullish note on Friday, August 7, 2026, gaining N237.8 billion as strong demand for major banking shar
Aug 8, 2026
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News
SEC Launches Probate Clinic to Help Investors Reclaim Unclaimed Assets
To address the persistent challenge of unclaimed dividends and dormant assets in Nigeria, the Securities and Exchange Commission (SEC) has launched a Probate/Un
Aug 8, 2026
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Consumer Goods Margins Shrink Under Heavy Cost Burden
Analysing the first-half 2026 financial statements for six top listed consumer goods companies in Nigeria; BUA Foods, Nestlé Nigeria, Dangote Sugar Refinery, Un
Aug 8, 2026
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News
Cheap Imports Threaten Profits for Okomu Oil and Presco
An influx of cheap crude palm oil (CPO) imports from Indonesia and Malaysia, enabled by recent import duty policy changes, is eroding the market power of Nigeri
Aug 7, 2026
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Otedola Boosts First HoldCo Stake to 26.1% with N18.1 Billion Injection
Billionaire investor Femi Otedola has further consolidated his position as the leading shareholder of First HoldCo Plc by acquiring an additional 138.04 million
Aug 7, 2026
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News
UNILEVER
Cash Hoard Boosts Unilever Nigeria’s Profits Amid Earnings Squeeze
Unilever Nigeria Plc has delivered robust operational growth for the first half of 2026, driven by an expanding top line and a massive cash balance. However, mo
Aug 7, 2026
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News
African Startup Funding Tumbles 80% as Capital Shifts toward Debt Financing
African startup funding experienced a sharp downturn in July 2026, with 47 companies securing $102.2 million in disclosed deals. According to Nairametrics data,
Aug 7, 2026
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NCR
NCR Nigeria Plc Strengthens Governance and Leadership at 74th AGM to Drive Strategic Growth
Shareholders of leading technology infrastructure provider NCR (Nigeria) PLC (NGX: NCR) have unanimously approved several pivotal corporate resolutions at the c
Aug 7, 2026
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Mutual Benefits Shareholders Approve N802.5m Dividend, Director Re-Elections
At its 30th Annual General Meeting held virtually on August 6, 2026, shareholders of Mutual Benefits Assurance Plc approved a final dividend of N802.47 million
Aug 7, 2026
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FIRSTHOLDCO
Otedola’s Calvados Consolidates Grip on First HoldCo via Fresh NGX Insider Dealing Disclosure
In a regulatory disclosure filed on the Nigerian Exchange (NGX) on August 7, 2026, First HoldCo Plc published a formal notification of insider dealing regarding
Aug 7, 2026
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News
Dangote Refinery’s $5 Billion IPO Set to Reshape Africa’s Capital Markets
The Dangote Group is preparing to launch the highly anticipated initial public offering (IPO) of the Dangote Petroleum Refinery, a transaction expected to raise
Aug 7, 2026
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News
Tinubu Credits Economic Reforms for Strong H1 2026 NGX Earnings
President Bola Tinubu has attributed the robust H1 2026 financial performance of companies listed on the Nigerian Exchange (NGX) to the economic reforms initiat
Aug 6, 2026
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News
Aradel and Seplat Shell Out N1.13 Trillion in Half-Year Taxes
In the first half of 2026, Nigerian energy giants Aradel Holdings and Seplat Energy recorded a combined pre-tax profit of ₦1.54 trillion, though income tax expe
Aug 6, 2026
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Critical Minerals Financing Corp (CMFC) Files Q3 2026 Financial Results Following Strategic Transformation
Critical Minerals Financing Corp Plc has officially submitted its Unaudited Financial Statements for the third quarter ended June 30, 2026, to the Nigerian Exch
Aug 6, 2026
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Stanbic IBTC ETF 30 Declares ₦3.07 Interim Dividend for H1 2026
Stanbic IBTC Asset Management Limited has announced an interim dividend payout of ₦3.07 per unit for unitholders of the Stanbic IBTC ETF 30 for the half-year pe
Aug 6, 2026
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Nigerian Cement Giants Earn N3.2tn in Six Months as Construction Demand Soars
Nigeria’s major listed cement producers, Dangote Cement, BUA Cement, and HBM Nigeria generated a record N3.2 trillion in combined domestic revenue during the fi
Aug 6, 2026
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Boye Olusanya Steps In as Beta Glass Chairman as Vitus Ezinwa Departs
Beta Glass Plc, West and Central Africa's leading glass container manufacturer, has appointed Mr. ‘Boye Olusanya as the new Chairman of its Board of Directors,
Aug 5, 2026
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News
FIRSTHOLDCO
Femi Otedola Pumps N77.6 Billion into First HoldCo, Raises Stake By 21.95%
Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has significantly increased his control of the financial group through a massive new stock
Aug 5, 2026
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PRESCO
Nigerian Stocks Fall 0.19% as Banking Heavyweights and Presco Drag Market
The Nigerian equities market closed lower on Friday, July 24, 2026, dropping 0.19% as profit-taking in Presco Plc and banking heavyweights outweighed broader ma
Aug 5, 2026
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News
Zichis Agro-Allied H1 2026 Profit Soars 448% to N478.7m
Zichis Agro-Allied Industries Plc reported an impressive financial performance for the first half of 2026, driven by robust growth across its agricultural and p
Aug 5, 2026
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BUACEMENT
BUA Cement’s H1 2026 Pre-Tax Profit Jumps 79% to ₦384.4 Billion
BUA Cement Plc has posted a strong financial performance for the first half of 2026, with profit before tax surging 79% year-on-year to ₦384.44 billion, up from
Aug 5, 2026
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Ikeja Hotel Plc Reports 31% Surge in H1 2026 Pre-Tax Profit to ₦6.12 Billion
Ikeja Hotel Plc has delivered a strong financial performance for the first half of 2026, recording a 31.03% year-on-year increase in profit before tax to ₦6.12
Aug 5, 2026
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Okomu Oil Pre-Tax Profit Drops 12% to ₦59 Billion in H1 2026
Okomu Oil Palm Plc reported a 12.03% year-on-year drop in pre-tax profit to N58.99 billion for the first half of 2026, down from N67.05 billion in H1 2025. Acco
Aug 5, 2026
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News
GTCO
GTCO Confirms 36.55 Billion Voting Shares in Capital Update Amid Sector Expansion
Guaranty Trust Holding Company Plc (GTCO) has announced an official update on its total voting rights and share capital structure, revealing that its issued sha
Aug 4, 2026
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News
August Dividend Rush: 8 NGX Companies Reveal Qualification Cut-Offs
According to corporate disclosures filed with the Nigerian Exchange (NGX) and compiled by Nairametrics Research, eight listed companies have set their dividend
Aug 4, 2026
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Dangote Cement signs $800 million Itori expansion deal with Sinoma
Dangote Industries Limited has partnered with Sinoma International Engineering Co. Ltd. through an $800 million Memorandum of Understanding to double the produc
Aug 4, 2026
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News
AIRTELAFRI
Airtel Africa Advances Share Buyback Plan with Purchase of 800,000 Shares
Dual-listed telecommunications giant Airtel Africa plc has notified the Nigerian Exchange (NGX) and the London Stock Exchange (LSE) of its latest share buyback
Aug 4, 2026
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News
NNPC Profits Hit by ₦1.25 Trillion Shortfall in First Half of 2026
NNPC Limited recorded N2.28 trillion in profit after tax during the first half of 2026, marking a 35.4% decline from the N3.53 trillion achieved in the same per
Aug 4, 2026
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CBN Places ₦700 Billion on Offer in First Treasury Bills Sale of August 2026
The Central Bank of Nigeria (CBN), acting for the Debt Management Office, has announced its first Nigerian Treasury Bills auction for August 2026, offering N700
Aug 3, 2026
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Femi Otedola Eyes Majority Control of First HoldCo
Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has revealed plans to acquire a controlling stake of over 51% in the financial holding comp
Aug 3, 2026
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OANDO
Oando Slashes H1 Pre-Tax Loss by 77% Following Strong Q2 Profit Bounce Back
Oando Plc reported a 77.47% reduction in its pre-tax loss for the first half of 2026, dropping to ₦32.84 billion compared to ₦145.74 billion in H1 2025. The pos
Aug 3, 2026
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FirstHoldCo Makes History as First Nigerian Bank to Cross ₦6 Trillion Market Cap
FirstHoldCo Plc achieved a milestone on August 3, 2026, becoming the first Nigerian banking group to hit the ₦6 trillion market capitalisation mark. During trad
Aug 3, 2026
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News
Chellarams Bounces Back: Revenue Surges 84% to Drive N1.45 Billion
Chellarams Plc staged a remarkable turnaround in the first quarter of 2026, returning to profitability with a profit before tax of N1.45 billion. This marks a s
Aug 3, 2026
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Nigerian Breweries Erases Past Losses with 18% H1 Profit Surge to ₦156.3 Billion
Nigerian Breweries Plc has delivered a strong financial performance in its unaudited first-half 2026 results, highlighted by robust top-line growth and a major
Jul 31, 2026
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News
MTNN
MTN Nigeria Reports Record N1.09 Trillion Profit Before Tax in H1 2026, Up 75.4%
MTN Nigeria Communications Plc achieved a record-breaking financial performance for the first half of 2026, delivering a Profit Before Tax (PBT) of N1.09 trilli
Jul 31, 2026
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News
FIRSTHOLDCO
NGX Prolongs Bearish Run as Investors Lose N1.65 Trillion in Two Days
The Nigerian Exchange (NGX) extended its losing streak on Thursday, July 30, 2026, dropping N1.005 trillion in market capitalization in a single session and br
Jul 31, 2026
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Dangote Cement H1 2026 Profit Soars 34%, Fueled by Strong Nigerian Market
Dangote Cement delivered one of its strongest half-year performances in recent years for the period ending June 30, 2026, driven by robust domestic operations,
Jul 31, 2026
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Wema Bank Pretax Profit Hits ₦154.56 Billion in H1 2026, Up 53.6% YoY
Wema Bank Plc delivered one of its strongest half-year financial results to date, reporting a 53.65% year-on-year increase in pre-tax profit to N154.56 billion
Jul 31, 2026
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News
Prestige Assurance H1 Profit Soars Past N1 Billion Mark
Despite a 16% decline in gross premium written to N12.83 billion, Prestige Assurance Plc delivered a strong financial performance for the half-year ended June 3
Jul 31, 2026
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News
UAC Nigeria Pre-Tax Profit Soars 210% in H1 2026 Driven by C.H.I. Limited Consolidation
UAC of Nigeria Plc achieved a remarkable financial performance for the half-year ended June 30, 2026, driven largely by the strategic consolidation of C.H.I. Li
Jul 31, 2026
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News
Nigerian stocks plunge N648bn in broad mid-week market drop
The Nigerian equities market suffered a sharp reversal on Wednesday as a wave of profit-taking wiped out approximately N648 billion in investor wealth. Driven b
Jul 30, 2026
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CBN Slashes T-Bill Yields as Demand Surges Sevenfold
Investors demonstrated massive demand for long-dated government debt at the Central Bank of Nigeria’s final primary market auction for July 2026. The 364-day Tr
Jul 30, 2026
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News
FIRSTHOLDCO
Femi Otedola Expands First HoldCo Stake to 25.87% with N222.2 Billion Acquisition
First HoldCo Plc Chairman, Femi Otedola, has further cemented his control over the financial giant by acquiring an additional 1.779 billion ordinary shares for
Jul 30, 2026
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STERLINGNG
Sterling Bank H1 2026 Pre-Tax Profit Rises 22% to ₦55.5B Despite Soaring Loan Impairments
Sterling Financial Holdings Company Plc (Sterling Bank) reported a 21.92% year-on-year increase in pre-tax profit for the first half of 2026, reaching ₦55.53 bi
Jul 30, 2026
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United Capital H1 2026 Pre-Tax Profit Surges 80% to ₦24.8 Billion, Approves 30-Kobo Interim Dividend
United Capital Plc has posted a standout financial performance for the first half of 2026, driven by robust top-line growth and strong operational efficiency ac
Jul 28, 2026
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Dangote’s Children Support Plan to Donate $11.7B of Family Fortune to Charity
Aliko Dangote, Africa’s wealthiest individual with a fortune estimated at $35.1 billion, plans to dedicate one-third of his wealth to charity as part of his suc
Jul 28, 2026
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ACCESSCORP
NGX Edges Up in Quiet Start to the Trading Week
Nigerian Stock Market Dips 0.05% as Profit-Taking Hits Large-Cap Equities The Nigerian equities market experienced a mild dip of 0.05% on Monday, July 27, 2026,
Jul 28, 2026
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FIRSTHOLDCO
NGX Edges Up in Quiet Start to the Trading Week
The Nigerian Exchange (NGX) kicked off the trading week on a modest note, closing virtually flat with a marginal gain of 0.03% in the All-Share Index (ASI). Des
Jul 27, 2026
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News
Guinness Nigeria Reports N142 Billion in Revenue
Guinness Nigeria Plc has delivered another strong quarter for the period ending June 30, 2026, maintaining its positive momentum through disciplined execution a
Jul 27, 2026
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News
NGX Group Reports N14.76 Billion H1 2026 Pre-Tax Profit, Declares N1.30 Interim Dividend
Nigerian Exchange Group (NGX Group) Plc posted a record financial performance for the first half of 2026, reporting a pre-tax profit of N14.76 billion—a 170% su
Jul 27, 2026
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TRANSCORP
Transcorp Group Pre-Tax Profit Drops 11.45% to ₦75.9 Billion in H1 2026
Transnational Corporation Plc (Transcorp) reported a pre-tax profit of ₦75.9 billion for the first half of 2026, representing an 11.45% decline compared to ₦85.
Jul 24, 2026
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GUINNESS
Nigerian Equities Market Rebounds with ₦1.58 Trillion Surge Driven by Banking, Big-Cap Rally
The Nigerian stock market bounced back on Thursday, reversing previous losses as a surge in heavyweights added ₦1.58 trillion to investor wealth. The benchmark
Jul 24, 2026
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Cornerstone Insurance to Pay ₦5.09bn Dividend Following Shareholder Approval
The Nigerian equities market kicked off the week on a strong bullish note on Monday, July 20, 2026, adding N1.76 trillion to investor wealth as market capitaliz
Jul 24, 2026
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Dangote Refinery Secures Landmark $2.5 Billion in Private Equity
In a historic move for African capital markets, Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully closed a landmark US$2.5 billion priv
Jul 23, 2026
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Airtel Africa Posts $360 Million Pre-Tax Profit for Q1 2026
Airtel Africa Plc reported a profit before tax of $360 million for the quarter ended 30 June 2026, compared with $273 million in the prior period. According to
Jul 23, 2026
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NGX Drops 0.50% as Maximum Losses in Nestlé and BUA Foods Snap Two-Day Rally
The Nigerian Exchange (NGX) halted its two-session winning streak on Wednesday, July 22, 2026, as selective profit-taking pulled the All-Share Index (ASI) down
Jul 23, 2026
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FirstHoldCo Hits ₦5 Trillion Market Capitalization in Midday Rally
Shares of First HoldCo Plc surged past the N5 trillion market capitalization benchmark during midday trading on Wednesday, July 22, 2026. The stock traded in th
Jul 22, 2026
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ACCESSCORP
NGX Daily Wrap: Bullish Momentum Extends as Market Cap Hits ₦159 Trillion
The Nigerian Exchange (NGX) maintained its upward trajectory on Tuesday, July 21, 2026, extending its positive run as strong buying interest in key equities pus
Jul 22, 2026
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News
Unilever Nigeria Reports ₦29.2bn Profit, Announces ₦2.00 Interim Dividend for H1 2026
Unilever Nigeria Plc has released its unaudited financial results for the first half of 2026, demonstrating strong top-line performance and improved operational
Jul 22, 2026
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News
Coronation Fund Earnings Hit ₦791.5M in H1 2026; Proposes ₦8.985 Per Unit Distribution
Coronation Infrastructure Fund delivered a solid performance for the first half of 2026, recording an operating profit of ₦791.50 million—roughly 89% of its ₦88
Jul 22, 2026
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JUST IN: CBN retains interest rate at 26.5%
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has voted to keep the Monetary Policy Rate (MPR) unchanged at 26.5 percent. The decision was revea
Jul 21, 2026
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News
NGX Emerges Africa’s 2nd Best-Performing Stock Market in H1
The Nigerian equities market kicked off the week on a strong bullish trajectory on Monday, July 20, 2026, as sustained buying interest in banking, industrial, a
Jul 21, 2026
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News
Femi Otedola Increases First HoldCo Holding to 20.4% After N45bn Capital Infusion
Nigerian billionaire and Group Chairman of First HoldCo Plc, Femi Otedola, has further solidified his controlling position in the financial group, expanding his
Jul 21, 2026
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News
NGX Rallies N1.76 Trillion as Broad-Based Buying Sparks Investor Surge
The Nigerian equities market kicked off the week on a strong bullish note on Monday, July 20, 2026, adding N1.76 trillion to investor wealth as market capitaliz
Jul 21, 2026
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Strong H1 Earnings for Transcorp Power with ₦54.99B Profit and ₦1.50 Dividend
Transcorp Power Plc reported a pre-tax profit of N54.99 billion for the half year ended June 30, 2026, a 6.37% decline from N58.73 billion in H1 2025. The softe
Jul 20, 2026
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How Nigerian Stocks Fared: Best Performers and Market Winners
Strong gains in First HoldCo Plc helped steady the Nigerian equities market in the week ended Friday, July 17, 2026, preventing a deeper decline as banking stoc
Jul 20, 2026
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First HoldCo Shares Surge 10% on Record-Breaking ₦653.5B H1 Profit
First HoldCo Plc has posted its strongest half-year performance to date, with pre-tax profit rising sharply to ₦653.54 billion for the six months ended 30 June
Jul 20, 2026
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News
Abdul Samad Rabiu Retains BUA Foods Chairmanship; ₦28 Final Dividend Approved
At the fifth Annual General Meeting of BUA Foods Plc, held on July 15, 2026, at the Transcorp Hilton Hotel in Abuja, shareholders officially approved a final di
Jul 20, 2026
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DANGCEM
Dangote Refinery Raises $2.5 billion in Pre-IPO Private Placement
Nigeria's Dangote Petroleum Refinery has raised $2.5 billion through a private placement as it seeks to strengthen its financing structure, company executive
Jul 17, 2026
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News
BUA Cement Drags Nigerian Market Down Despite Historic FBN Holdings Rally
The Nigerian equities market closed marginally lower on Thursday, July 16, 2026, as a sharp selloff in heavyweight industrial stocks, led by BUA Cement, dragged
Jul 17, 2026
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SEC launches nationwide campaign to recover N270 billion unclaimed dividends
The Securities and Exchange Commission (SEC) has launched a nationwide enlightenment campaign to help Nigerian investors reclaim approximately N270 billion in u
Jul 17, 2026
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First HoldCo hits record N87.25 as market value crosses N3.8 trillion
Shares of First HoldCo Plc reached an all-time high of N87.25 on the Nigerian Exchange (NGX) on Thursday, driving its market capitalization past N3.8 trillion.
Jul 17, 2026
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Nigeria’s foreign reserves hit $51.86 billion, highest since 2009
Nigeria’s external reserves have surged to $51.86 billion as of July 14, 2026, marking their highest level in over 17 years and outperforming the Central Bank o
Jul 16, 2026
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Airtel Africa becomes NGX's most valuable company with over ₦21tn valuation
In a historic milestone for the Nigerian capital market, Airtel Africa Plc has become the first company listed on the Nigerian Exchange (NGX) to surpass a ₦20 t
Jul 15, 2026
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Dangote Refinery switches petrol, diesel sales from naira to dollars
The Dangote Petroleum Refinery has shifted its sales of refined products, including petrol and diesel, from Nigerian naira to US dollars. This pivot changes the
Jul 14, 2026
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NGX: Equities shed N1.32 trillion on profit-taking in industrial goods, banking, consumer stocks
The Nigerian equities market started the week on a bearish note, shedding a massive N1.32 trillion on Monday as heavy sell pressure dominated trading. The NGX A
Jul 14, 2026
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