Global Community

Executive Summary Jaiz Bank Plc reported a solid performance for the nine months ended 30 September 2025, reflecting steady growth in gross earnings, disciplined cost management, and strong net income from financing and investment activities. The Bank posted gross earnings of ₦82.87 billion , representing growth from ₦76.41 billion in 2024, supported by financing and investment income.Read more

Transcorp Power Plc continues to demonstrate strong operational resilience and profit growth momentum in FY2025, driven by robust revenue expansion, disciplined cost management, and improving energy generation capacity. For the nine-month period ended September 2025, revenue increased 38% YoY to ₦308.5 billion , supported by higher energy dispatch levels and efficiency gains from generation assets.Read more

Executive Summary UAC of Nigeria Plc delivered a moderate performance for the nine months ended 30 September 2025 , achieving ₦159.58 billion in revenue , up 20% YoY from ₦133.18 billion in 9M 2024. Gross profit rose to ₦39.37 billion, supported by disciplined cost management despite rising cost of sales.Read more

Executive Summary Transnational Corporation Plc (“Transcorp Group” or “the Company”) delivered a resilient and impressive financial performance for the nine months ended 30 September 2025 , underscoring its strategic agility, diversified operations, and strong execution capability. Revenue rose 39% year-on-year to ₦413.4 billion (Q3 2024: ₦297.7 billion), reflecting broad-based growth across the Group’s power and hospitality segments.Read more

Conservatively assumes: 20% yearly Revenue Growth Rate (currently 22.55% as of 2025-11-12), assuming demand for AI products slightly tapers off. 9% Net Profit Margin due to increased competition for Market Share, Compensation, R&D, etc (currently 9.78% as of 2025-11-12).Read more

Executive Summary Oando PLC delivered a significant earnings recovery for the nine months ended September 30, 2025, supported by robust upstream production performance, disciplined cost management, and substantial net finance income. Despite top-line pressure from lower product trading volumes and margin compression, the Group returned to strong profitability, benefiting from increased crude output, improved asset utilization and favourable financial settlements.Read more

Key Highlights: EGM Set for July 25 : Seeking approval for public/private equity issuance and conversion of related-party loans to ordinary shares. Debt-to-Equity Strategy : Board proposes converting director/shareholder and CBN program loans to equity—aimed at deleveraging and strengthening the balance sheet.Read more

Executive Summary The Initiates Plc posted strong financial results for the nine months ended 30 September 2025, reflecting exceptional revenue growth, improved cost management, and significant profit expansion. Revenue from contracts with customers increased 129% YoY to ₦5.38 billion , supported by strong market demand and operational efficiency.Read more

SCOA NIGERIA PLC Q3 Result – Strong Earnings Rebound Driven by Cost Efficiency and Financial Recovery Momentum Executive Summary SCOA Nigeria Plc delivered an impressive turnaround performance for the nine months ended 30 September 2025 , as profitability surged on the back of cost optimization, improved financial discipline, and lower finance charges. Despite a moderate decline in revenue, the Company recorded a significant rebound in bottom-line performance, reporting a Profit After Tax (PAT) of ₦295.5 million , a remarkable 1,082% year-on-year increase from ₦25.0 million in the same period of 2024.Read more