Corporate Scorecards
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ZENITH BANK’S N928 BILLION PROFIT DEFIES N506 BILLION TRADING LOSS: THE MAKING OF A FORTRESS BANK
On paper, Zenith Bank’s 9-month 2026 result looks like a slowdown. Gross earnings down 15% to N2.86 trillion from N3.37…
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ARADEL HOLDINGS: HOW A N4 TRILLION REVENUE GIANT TURNED LEVERAGE INTO LEVERAGE
When Aradel Holdings published its unaudited 9-month result to September 2026, the headline numbers created instant confusion. Revenue had exploded…
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ARADEL’S Q3 STORM: HOW A N147 BILLION QUARTERLY LOSS TESTED A N3.9 TRILLION NINE-MONTH MIRACLE
Aradel Holdings’ 9-month result to September 2026 reads like two different companies stitched into one statement. For nine months, the…
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AIICO’S N70 BILLION SHIELD: HOW INVESTMENT INCOME SAVED A 109% COMBINED RATIO
When AIICO Insurance reported N17.27 billion profit for nine months, up 26%, the headline looked simple. The story underneath is…
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STERLING HOLDINGS’IN N40 BILLION BAD LOAN SHOCK
Sterling Financial Holdings made N75.3 billion after tax in nine months, 21% more than last year, grew deposits by N857…
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STERLING HOLDINGS’ : CAPITAL IS NOT ENOUGH WHEN THE REAL BATTLE IS RISK
Sterling Financial Holdings made N75.3 billion profit after tax on N454.9 billion gross earnings and now controls N5.09 trillion in…
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BERGER PAINTS 9M 2026: HOW N223 MILLION IN BANK INTEREST HID N1.3 BILLION IN RUNAWAY COSTS
The third quarter did not save Berger Paints. It exposed it. For the nine months ended 30 September 2026, Berger…
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BERGER PAINTS Q3 2026: A N5.7 BILLION FINANCIAL FORTRESS HIDING A PAINT FACTORY WITH A N1.3 BILLION COST LEAK
The strategic position of Berger Paints Nigeria Plc at the end of 9M 2026 is clear and contradictory. On one…
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ARADEL HOLDINGS: HOW A N4 TRILLION REVENUE GIANT TURNED LEVERAGE INTO LEVERAGE
When Aradel Holdings published its unaudited 9-month result to September 2026, the headline numbers created instant confusion. Revenue had exploded…
Read More » -
ARADEL’S Q3 2026 STORM: HOW A N147 BILLION QUARTERLY LOSS TESTED A N3.9 TRILLION NINE-MONTH MIRACLE
Aradel Holdings’ 9-month result to September 2026 reads like two different companies stitched into one statement. For nine months, the…
Read More »