Market Updates

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%), Zenith Bank (+2.65%) and UBA (+2.68%) supported the market, outweighing... Read More →

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. This is according to the brewer’s interim results filed with... Read More →

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 N2.61 billion, reversing the N198.43 million pre-tax loss recorded in... Read More →

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 126.34% to N1.72 billion from N760.64 million in Q2 2026... Read More →

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) to 254,289.35 points from 254,245.21. Market capitalisation rose to N165.11... Read More →

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, gross profit rose 15 per cent to N477.9bn, while profit... Read More →