Executive Summary BUA Cement Plc delivered a remarkable financial performance for the nine months ended September 30, 2025, reflecting strong topline growth, impressive gross margin recovery, and a sharp rebound in profitability. Despite a challenging operating environment characterized by high inflation, energy cost pressures, and exchange rate volatility, BUA Cement’s strategic efficiency initiatives and operational resilience yielded robust earnings momentum.Read more

Analyst: Qudus Adeabara (Research Analyst) Executive Summary International Energy Insurance Plc delivered a recovery in profitability for the year ended 31 December 2025 , reporting profit after tax of ₦551.1 million compared to ₦2.95 billion in FY 2024, reflecting moderation from prior-year exceptional gains. Insurance service revenue declined to ₦4.09 billion (-27% YoY) , while insurance service results fell to ₦1.49 billion (-56.5% YoY) due to increased net expenses from reinsurance contracts.Read more

Analyst: Qudus Adebara (Founder of Wane Investment House) Executive Summary BigBear.ai Holdings Inc delivered a notable improvement in bottom-line performance for the third quarter ended September 30, 2025, recording a net income of $2.5 million , compared with a net loss of $15.1 million in Q3 2024. This turnaround was largely driven by non-cash gains from derivative fair value adjustments, improved financing costs, and balance sheet restructuring, despite continued pressure on topline growth.Read more

Analyst: Qudus Adebara (Research Analyst) Executive Summary Infinity Trust Mortgage Bank Plc delivered a strong financial performance for the year ended 31 December 2025, with turnover of ₦6.61 billion , representing a 50.5% YoY increase from ₦4.39 billion in FY 2024, driven by growth in interest income, loan book expansion, and improved non-interest income. Interest and similar income rose sharply to ₦5.53 billion (+54.4% YoY) , while interest expense increased moderately to ₦1.87 billion (+64.7% YoY) , resulting in net interest income of ₦3.67 billion , more than 49% higher than FY 2024.Read more

Analyst: Qudus Adebara (Research Analyst) Executive Summary Unilever Nigeria Plc delivered a robust financial performance for the year ended 31 December 2025 , underpinned by strong top-line growth and improved operating leverage. Revenue rose 43.6% YoY to ₦214.67 billion , driven by increased sales volumes across key household and personal care product lines, and sustained pricing power.Read more

Analyst: Qudus Adebara (Research Analyst) Executive Summary NEM Insurance Plc delivered a strong financial performance in FY 2025 , supported by robust growth in insurance revenue, improved underwriting discipline, and resilient investment income. For the year ended 31 December 2025 , insurance revenue rose to ₦146.2 billion , representing a 51.2% YoY increase , while profit after tax decreased by 17.1% YoY to ₦24.1 billion.Read more

Executive Summary FCMB Group Plc and its subsidiaries delivered a robust performance for the nine months ended 30 September 2025, underpinned by strong net interest income growth, disciplined cost management, and resilient customer deposit mobilization in a challenging macroeconomic environment. Profit Before Tax (PBT) rose 46% YoY to ₦134.5 billion, supported by higher net interest income, growing fee and commission income, and improved operating efficiency.Read more

Analyst: Qudus Adebara, Research Analyst Executive Summary LivingTrust Mortgage Bank Plc recorded a strong financial performance for the year ended 31 December 2025 , with profit after tax rising to ₦1.01 billion , representing a 18.4% YoY increase compared to FY 2024. The performance was driven by robust growth in gross earnings (+75% YoY) , balance sheet expansion, and a significant uplift in non-interest income , particularly other operating income and treasury bill interest.Read more

Author: Qudus Adebara (Founder of Wane Investment House) PayPal Holdings, Inc. (NASDAQ: PYPL) has announced an agreement to acquire Cymbio , a multi-channel orchestration and commerce enablement platform, marking a strategically significant step in PayPal’s evolution from a payments company into a full-stack, AI-native commerce partner.Read more