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 1 category (First Holdco, GTCO, Access and […]
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 the previous week. Investors lost N964 billion[…]
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 for the 9 months period, down by[…]









