05
NovStock market extends down trend by 0.72%
It was yet another bearish session on the floor of the Nigerian stock market on Tuesday as downtrend extended on profit taking by investors. The All Share Index dropped by 0.72% to close at 152,629.60 points from the previous close of 153,739.11 points. The Market Capitalisation declined by 0.63% to […]
03
NovBanking Sector in Q3 2025: Wema Bank Leads Industry in Turnover and PAT Growth
Wole Olajide, ACS Performance of banking stocks on the Nigerian Exchange in Q3 2025 is mixed. Most of the Tier 1 Banks (FUGAZ) declined in their bottom-line figures, year on year. Except for UBA that made a marginal growth of 2.33% in profit after tax (PAT), others in the Tier[…]
03
NovStock Market Returns -0.98% WoW, sheds N964bn
The Nigerian equities market closed bearish last week, halting weeks of successive gains triggered by selloff in Dangote Cement and 69 other stocks that closed the week lower amidst quarter three earnings release. The All-share index was down by 0.98% to close at 154,126.45 points from 155,645.05 points recorded in[…]
31
OctZenith Bank reports N764.2bn profit as gross earnings hit N3.37trn
Zenith Bank Plc on Thursday published its Third Quarter report for the period ended 30 September 2025. The Financial Institution reported Gross Earnings (revenue) of N3.37 trillion for the 9 months period, up by 16.29% from N2.9 trillion reported the previous year. Profit after tax of N764.2 billion was reported[…]
