Nigerian stocks gain N307 billion as Transcorp Power, banks drive market rally
The Nigerian equities market gained over N307 billion on Wednesday, November 4, 2026, extending its positive momentum as gains in Transcorp Power, GTCO, Zenith Bank and UBA lifted the benchmark index higher. Buying interest in Transcorp Power (+9.97%), GTCO (+5.1%),... Read More →
Dangote Cement, BUA spend N797 billion in energy cost
Dangote Cement Plc and BUA Cement Plc spent a combined N797.1 billion on energy in the first nine months of 2026. The figure comes from their unaudited financial statements for the period ended September 30, 2026. Dangote Cement reported group... Read More →
Champion Breweries’ 9M 2026 pre-tax profit drops to N917.52 million as finance costs surge
Champion Breweries Plc has released its unaudited Q3 2026 financial results, reporting a pre-tax profit of N917.52 million for the nine months ended September 2026, marking a 70.77% year-on-year (YoY) decline from N3.14 billion in the same period of 2025.... Read More →
Eterna’s 9M pre-tax profit surges 635.8% to N10.28 billion, beats Q3 forecast
Eterna Plc reported a consolidated pre-tax profit of N10.28 billion for the nine months ended September 30, 2026, representing an increase of 635.80% from N1.40 billion recorded in the corresponding period of 2025. In the third quarter, pre-tax profit reached... Read More →
Abbey Bank’s 9M pre-tax profit hits N3.23 billion, beats Q3 forecast by 77.58%
Abbey Bank Plc reported a pre-tax profit of N3.23 billion for the nine months ended September 30, 2026, representing an increase of 112.63% from N1.52 billion in the corresponding period of 2025. In the third quarter, pre-tax profit surged by... Read More →
Nigeria’s stock market gains N28.65 billion, reversing much of Monday losses
The Nigerian equities market closed Tuesday, November 3, 2026, on a positive note, adding N28.65 billion in market value as renewed buying in select heavyweight stocks recovered most of Monday’s losses. The NGX All-Share Index (ASI) rose 0.02% (44.14 points)... Read More →
Nigerian Breweries grows revenue 5% to N1.10tn
Nigerian Breweries Plc has reported a strong performance for the nine months ended 30 September 2026, recording revenue of N1.10tn, representing a five per cent increase from N1.05tn in the corresponding period of 2025. According to the company’s financial report,... Read More →
Dangote urges Lotus to expand private sector financing
Aliko Dangote, president of the Dangote Group, has called on Lotus Capital to broaden access to non-interest financing for businesses in Nigeria, particularly those operating in manufacturing, agriculture, renewable energy and other productive sectors. He made the appeal recently at... Read More →
ICMR conference to spotlight capital market resilience
The Institute of Capital Market Registrars said its 15th Annual Conference will focus on building capital market resilience and driving sustainable growth beyond ongoing recapitalisation efforts. According to a statement issued on Sunday by the President and Chairman of Council,... Read More →
NGX records 2.86% weekly gain on increased turnover
Nigeria’s equities market ended October’s final week higher, buoyed by industrial stocks and increased trading volumes, while activity across debt, exchange-traded products and foreign exchange markets reflected significant capital flows, JIDE AJIA reports The stock market weekly analysis for the... Read More →









