Market Updates

Africa Prudential Plc has reported a 34.79% year-on-year increase in profit before tax to N4.07 billion for the nine months ended September 30, 2026, compared with N3.02 billion in the corresponding period of 2025. According to the unaudited results, profit after tax increased by 30.83% to N2.69 billion from N2.05... Read More →

Unilever Nigeria Plc has declared an interim dividend of N11.5bn as its net profit rose to N26.4bn for the nine-month period ended 30 September 2026, driven by continuous growth in revenue and profitability, strong brand fundamentals, disciplined operations, and effective route-to-market execution. According to the company’s unaudited financial statement released... Read More →

Financial services holding company First HoldCo Plc has announced a profit before tax of N911.24bn for the nine-month period ended 30 September 2026. The Board of Directors approved the unaudited financial statements on Friday, which reflect strong performance driven by robust contributions from its commercial banking and investment banking subsidiaries.... Read More →

The Managing Director and Chief Executive Officer of Coleman Technical Industries Limited, Mr George Onafowokan, has stressed that integrity, character and discipline remain the ultimate foundation for building sustainable businesses and driving long-term economic development. Delivering the keynote address at the inaugural Pan-Atlantic University Alumni Association International Conference, themed ‘The... Read More →

The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of  Nigeria (ASHON) have hailed the Nigerian capital market’s major milestones in 2026, citing regulatory reforms, international recognition, improved market infrastructure and landmark capital-raising initiatives as evidence of growing market strength. BuyMaps In a joint congratulatory message... Read More →

Dangote Petroleum Refinery and Petrochemicals FZE’s $1.6 billion initial public offering (IPO) could increase the number of active investors in Nigeria’s capital market by as much as fivefold, according to the Nigerian Exchange Group (NGX Group). The Group Managing Director and Chief Executive Officer of NGX Group, Temi Popoola, disclosed... Read More →