Exchange group’s profit before tax climbs to N20.6bn
Nigerian Exchange Group Plc has reported profit before tax of N20.6bn for the nine months ended 30 September 2026, up 83.3 per cent from N11.2bn in the same period of 2025. Profit after tax rose 86.4 per cent to N14.7bn,... Read More →
Stocks rally as NGX cap hits N164.91tn
The Nigerian Exchange Limited recorded positive trading activity on Tuesday, as total equity market capitalisation climbed to N164.91tn from N163.16tn recorded on Monday. Correspondingly, the All-Share Index advanced to close at 253,990.06 points, which also represented the highest index point... Read More →
RMB opens Beijing advisory office to deepen China–Africa ties
Rand Merchant Bank has officially launched Rand Merchant Advisory (Beijing) Co., Ltd. at the 2026 China–Africa Forum in Beijing to strengthen the China–Africa economic corridor, enhancing its ability to connect Chinese companies, investors, and financial institutions with trade and investment... Read More →
GTCO’s pre-tax profit slips 2.3% to N879.90 billion in 9M 2026 as funding costs bite
Guaranty Trust Holding Company Plc (GTCO) recorded a 2.32% decline in pre-tax profit to N879.90 billion for the nine months ended September 30, 2026, compared with N900.80 billion in the corresponding period of 2025, as rising funding costs weighed on... Read More →
GTCO’s non-bank subsidiaries grow nine-month profit by 70% to N23.9 billion
The three non-banking subsidiaries of Guaranty Trust Holding Company Plc (GTCO) recorded a combined profit before tax of N23.88 billion in the nine months ended September 30, 2026, representing a 70% increase from N14.08 billion reported in the corresponding period... Read More →
Dangote Cement’s 9M pre-tax profit jumps 41.5% to N1.47 trillion as finance costs fall 58%
Dangote Cement Plc reported a pre-tax profit of N1.47 trillion for the nine months ended September 30, 2026, up 41.5% from N1.04 trillion a year earlier. Profit after tax rose 31.2% to N974.79 billion, with earnings per share at N58.37,... Read More →
NGX rallies as index surges to 251,290 points
The Nigerian equities market posted notable gains on Monday, driven by impressive advances across major sectoral indices and key blue-chip stock performances. The All-Share Index surged to 251,290.54 points, rising from Friday’s close of 247,222.27 points. Correspondingly, market capitalisation expanded... Read More →
Sanwo-Olu supports stockbrokers’ drive for N5bn fund
Lagos State Governor, Mr Babajide Sanwo-Olu, has pledged support for the Chartered Institute of Stockbrokers as the institute works towards establishing a N5bn endowment fund to strengthen professional training and capacity development in Nigeria’s capital market. Sanwo-Olu gave the assurance... Read More →
Transcorp reports pre-tax profit of N111.39 billion in 9M 2026 as revenue falls
Transnational Corporation Plc (Transcorp) reported a pre-tax profit of N111.39 billion for the nine months ended September 30, 2026, representing a 10.54% decline from N124.52 billion recorded in the corresponding period of 2025. According to its unaudited financial statements, profit... Read More →
United Capital’s 9M 2026 pre-tax profit rises 66% to N41.58 billion as investment income nearly doubles
United Capital Plc recorded a 66.24% increase in pre-tax profit to N41.58 billion for the nine months ended September 2026, compared with N25.01 billion in the corresponding period of 2025, driven largely by a surge in investment income. This is... Read More →









