News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
NGX slams N562.6 million penalty on 32 firms over filing breaches in 2025
Transcorp records N50.6 billion Q1 profit as power business drives revenue growth
Fidelity Bank raises N227 billion from private placement
CSCS promises stronger dividends after N8.9 billion payout approval
UBA’s 2025 profit declines to N423 billion, on loan loss provisions
United Capital approves N18 billion dividend payout to shareholders in FY 2025
International Breweries posts N40.3 billion Q1 pre-tax profit
Stanbic’s Q1 profit rises to N165.3 billion on stronger income streams
AIICO, AXA drive 61% of N288.85bn claims paid by NGX insurers
Naira weakens to N1,361.5/$, hits lowest in three weeks
Transcorp Hotels Q1 pretax profit jumps to N7 billion, CEO explains drivers