Our community narratives are driven by numbers and valuation.
AXA Mansard reported solid balance sheet growth and resilience in its core insurance and investment business for H1 2025. However, a significant decline in profit before tax (-73% YoY) reflects a normalization from the one-off investment income spike in H1 2024.Read more

Neimeth Pharmaceuticals Delivers Strong Turnaround in H1 2025 Despite Financing Cost Pressures Neimeth International Pharmaceuticals Plc posted a robust recovery in its half-year 2025 earnings, underpinned by strong revenue growth and operational efficiency, despite the lingering drag of elevated finance costs. Key Highlights: Revenue Surge : Neimeth reported a 76% year-on-year increase in revenue to ₦2.91 billion in H1 2025, up from ₦1.66 billion in H1 2024.Read more

DAAR Communications Plc’s H1 2025 financial results continue to reflect a structurally weak operational model with persistent bottom-line losses, eroding investor confidence despite the company’s large asset base and historical significance in Nigeria’s media industry. While revenue showed modest growth year-on-year, rising costs, weak cost controls, and negative retained earnings reinforce a bearish investment outlook.Read more

Caverton Offshore Support Group Plc (CAVERTON) has posted a marked turnaround in its H1 2025 results, returning to profitability after consecutive losses in H1 2024. Despite a strong top-line recovery and favorable foreign exchange gains, the company’s precarious balance sheet and persistent cost pressures warrant a cautious investment stance.Read more

Despite robust asset and revenue growth, LASACO Assurance Plc posted a significant decline in profitability in H1 2025, with a swing to pre-tax loss. This reflects rising cost pressure, particularly from insurance service expenses and reinsurance costs.Read more

UPDC REIT continues to offer stable, inflation-resilient rental income and interest earnings, underpinned by a conservatively managed balance sheet. However, a lack of growth in distributable income and zero asset disposals in H1 2025 highlights a maturing portfolio with limited upside.Read more

Company Overview Circle is the issuer of USDC, the world’s second-largest stablecoin. As of July 2025, USDC has: $62.3B in circulation $25.5T in cumulative on-chain transaction volume Zero depegs during market stress Circle went public in July 2025 under the ticker CRCL, after years of operating privately and disclosing financials through SEC reports.Read more

eTranzact International Plc has delivered a solid financial performance for the first half of 2025, with a YoY revenue decline of 5.4% but a notable improvement in profitability , indicating operational efficiency and cost control. The company's strong asset base, improved margins, and increasing equity position highlight resilience and growth potential within Nigeria’s digital financial services sector.Read more

Abbey Mortgage Bank Plc delivered a solid H1 2025 performance, with double-digit growth in revenue and profitability metrics, driven largely by increased interest income and cost control. While rising deposits and expanding total assets signal growing investor and customer confidence, declining loan book size raises questions about asset deployment efficiency.Read more
