Corporate Scorecards
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Aradel’s growth comes with a heavy bill
Aradel Holdings closed the first half of 2026 as one of the fastest-growing energy companies in Nigeria. Revenue was up…
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Aradel’s H1 2026: Scale Delivered, Efficiency Still a Work in Progress
Energized, but not yet efficient. Aradel Holdings Plc walked into the first half of 2026 as Nigeria’s leading integrated indigenous…
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SAHCOL: Revenue Growth in H1 2026 Swallowed by Surging Costs and Margin Pressure
Skyway Aviation Handling Company Plc closed H1 2026 with growth at the top line but pain at the bottom. Revenue…
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Red Star Express Grows Revenue in Q1 FY2026 But Costs and Cash Drag on Profit
Red Star Express Plc started FY2026 with growth on paper but pressure underneath. For the quarter ended 30 June 2026,…
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Oando’s Cashflow Recovery Masks a ₦530 Billion Equity Deficit
Oando Plc’s H1 2026 results tell two stories at once. On the surface there is relief. Operating cashflow has turned…
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AIICO INSURANCE: Investment Gains Mask Rising Costs and Cash Pressure
AIICO Insurance Plc’s H1 2026 results look strong at first glance. Profit after tax rose 19% to ₦13.4bn, total assets…
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ACCESS BANK: BIGGER, BUT BLIND TO VALUE
Access Holdings today presents a paradox that should worry its boardroom more than any regulatory change. It is Nigeria’s largest…
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Seplat Turns Price Boom Into Balance Sheet Power As It Faces Volume And Security Headwinds
Seplat Turns Price Boom Into Balance Sheet Power As It Faces Volume And Security Headwinds Seplat Energy has delivered its…
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International Breweries: Cash Is Up, But Growth Is Missing
International Breweries Plc’s H1 2026 results read like a company running hard just to stay in place. The numbers are…
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Sterling Bank’s H1 2026 Gamble: Bigger, Richer,and Riskier
Banking is maturity transformation. You borrow short from depositors and lend long to borrowers. It is profitable, but invariably risky.…
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