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  #Earnings 🍬 Dangote Sugar Refinery Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +29.3% 🔴 Cost of Sales 🔼 +15.4% 🟢 Gross Profit 🔼 +354.4% 🟢 Admin & Distribution Expenses 🔽 −23.3% 🟢 Operating Profit 🔼 +893.5% 🟢 Net Finance Cost 🔽 −68.5% 🟢 Loss Before Tax 🔽 −96.8% 🔴 Income Tax Credit 🔽 −102.1% 🟢 Loss After Tax 🔽 −94.3% 🟢 EPS (Basic & Diluted) 🔽 −94.3% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

 #Earnings 🥃 BETA Glass Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +43.4% 🔴 Cost of Sales 🔼 +19.0% 🟢 Gross Profit 🔼 +122.3% 🟢 Admin & Distribution Expenses 🔽 −5.6% 🟢 Operating Profit 🔼 +149.4% 🟢 Net Finance Gain 🔼 +213.0% 🟢 Profit Before Tax 🔼 +224.8% 🔴 Income Tax Expense 🔼 +219.6% 🟢 Profit After Tax 🔼 +227.3% 🟢 EPS (Basic & Diluted) 🔼 +227.4% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

  #Earnings 🏦 United Bank for Africa Plc (Q3'25 vs Q3'24) 🟢 Gross Earnings 🔼 +3.0% 🟢 Net Interest Income 🔼 +6.2% 🔴 Fee & Commission Income 🔽 −85.1% 🔴 Trading & Forex Income 🔽 −77.3% 🔴 Other Income 🔽 −65.3% 🟢 Net Operating Income 🔼 +3.7% 🔴 Operating Expenses 🔽 −3.5% 🔴 Profit Before Tax 🔽 −4.1% 🟢 Income Tax Expense 🔽 −47.5% 🟢 Profit After Tax 🔼 +2.3% 🔴 EPS (Basic & Diluted) 🔽 −10.5 ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE]

#Earnings 📡 MTN Nigeria Communications Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +57.4% 🟢 Service Revenue 🔼 +57.5% 🟢 Data Revenue 🔼 +73.2% 🟢 Voice Revenue 🔼 +41.9% 🟢 Digital Revenue 🔼 +41.9% 🟢 Fintech Revenue 🔼 +72.5% 🟢 Other Service Revenue 🔼 +32.1% 🔴 Expenses 🔼 +20.2% 🔴 Net Finance Cost 🔼 +30.6% 🟢 FX Gain vs Loss 🔼 +106.1% 🟢 Profit Before Tax 🔼 +257.9% 🔴 Tax Expense 🔼 +289.4% 🟢 Profit After Tax 🔼 +245.7% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

  #Earnings ✈️ Nigerian Aviation Handling Company Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +40.7% 🔴 Operating Costs 🔼 +46.3% 🟢 Gross Profit 🔼 +37.1% 🔴 Admin Expenses 🔼 +30.9% 🟢 Operating Profit 🔼 +40.9% 🟢 Net Finance Cost 🔽 −65.1% 🟢 Profit Before Tax 🔼 +45.9% 🔴 Income Tax Expense 🔼 +43.8% 🟢 Profit After Tax 🔼 +46.7% 🟢 EPS (Basic & Diluted) 🔼 +46.7 ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

  #Earnings 🍽️ UAC of Nigeria Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +19.8% 🔴 Cost of Sales 🔼 +17.3% 🟢 Gross Profit 🔼 +28.1% 🔴 Admin & Distribution Expenses 🔼 +40.7% 🟢 Operating Profit 🔼 +9.1% 🔴 Net Finance Income 🔽 −173.2% 🔴 Profit Before Tax 🔽 −50.1% 🟢 Income Tax Expense 🔽 −30.0% 🔴 Profit After Tax 🔽 −60.6% 🔴 EPS (Basic & Diluted) 🔽 −58.0% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE UIDANCE]

  #Earnings 🛢️ Oando Plc (Q3'25 vs Q3'24) 🔴 Revenue 🔽 −20.3% 🔴 Cost of Sales 🔽 −18.9% 🔴 Gross Profit 🔽 −41.9% 🔴 Other Operating Income 🔽 −193.0% 🟢 Impairment Reversal 🔼 −690.3% 🟢 Admin Expenses 🔽 −72.7% 🔴 Operating Profit 🔽 −168.2% 🟢 Net Finance Cost 🔼 +197.6% 🔴 Share of Associate Profit 🔽 −4.7% 🔴 Profit Before Tax 🔽 −37.5% 🟢 Income Tax Credit 🔼 +302.7% 🟢 Profit After Tax 🔼 +163.9% 🟢 EPS (Basic & Diluted) 🔼 +166.7% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENC E]

  #Earnings 🛏️ Vitafoam Nigeria Plc (FY'25 vs FY'24) 🔴 Revenue 🔽 −86.3% 🔴 Cost of Sales 🔼 +35.7% 🟢 Gross Profit 🔼 +33.1% 🟢 Admin & Distribution Expenses 🔽 −43.2% 🟢 Operating Profit 🔼 +260.8% 🔴 Net Finance Cost 🔼 +2.8% 🟢 Profit Before Tax 🔼 +1751.2% 🔴 Income Tax Expense 🔼 +3451.7% 🟢 Profit After Tax 🔼 +1406.3% 🟢 EPS (Basic & Diluted) 🔼 +3581.5% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

  📢 MTN Nigeria declares interim dividend of ₦5/share for Q3 2023. 🗓 Key Dates: • Qualification: Nov 20, 2025 • Register Closes: Nov 21, 2025 • Payment: Dec 8, 2025 💡 Shareholders: Complete your e-dividend mandate to receive payment. Check unclaimed dividends too. 🔗 Coronation Registrars: coronationregistrars.com 📩 investorrelations@mtn.com #MTNN #DividendAlert #NGX

  #Earnings  ⚙️ Aradel Holdings Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +42.7% 🔴 Cost of Sales 🔼 +83.3% 🟢 Gross Profit 🔼 +11.4% 🔴 Admin Expenses 🔼 +61.2% 🔴 Operating Profit 🔽 −0.9% 🔴 Net Finance Cost 🔼 +394.3% 🟢 Share of Associate Profit 🔼 +489.9% 🟢 Profit After Tax 🔼 +121.7% 🟢 EPS (Basic & Diluted) 🔼 +120.1%  ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE UIDANCE]

  #Earnings 🧼 Unilever Nigeria Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +43.5% 🔴 Cost of Sales 🔼 +52.4% 🟢 Gross Profit 🔼 +31.0% 🔴 Admin & Distribution Expenses 🔼 +2.0% 🟢 Operating Profit 🔼 +74.6% 🟢 Net Finance Gain 🔼 +66.2% 🟢 Profit After Tax 🔼 +15.3% 🟢 EPS (Basic & Diluted) 🔼 +15.8% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCEUIDANCE]

  #Earnings 💊 May & Baker Nigeria Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +35.3% 🔴 Cost of Sales 🔼 +29.8% 🟢 Gross Profit 🔼 +49.6% 🔴 Admin & Distribution Expenses 🔼 +30.1% 🟢 Operating Profit 🔼 +75.8% 🔴 Net Finance Cost 🔼 +22.8% 🟢 Profit After Tax 🔼 +77.0% 🟢 EPS (Basic & Diluted) 🔼 +77.0% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE UIDANCE]

  #Earnings 💻 Chams Holding Company Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +2.5% 🔴 Cost of Sales 🔼 +8.5% 🔴 Gross Profit 🔽 −14.2% 🟢 Admin Expenses 🔽 −6.2% 🔴 Operating Profit 🔽 −23.0% 🔴 Net Finance Cost 🔼 +326.7% 🔴 Profit After Tax 🔽 −53.5% 🔴 EPS (Basic & Diluted) 🔽 −52.0% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE UIDANCE]

FirstBank Redeems $350M Eurobond, Reinforces Market Confidence and ALM Strength 💼💰 On October 27, 2025, First Bank of Nigeria Limited, the flagship subsidiary of FirstHoldCo Plc, successfully redeemed its $350 million Eurobond—entirely from its own balance sheet. This milestone underscores the Bank’s disciplined approach to asset and liability management (ALM), robust foreign currency liquidity, and long-standing credibility in global capital markets. 📊 Originally issued in October 2020 as Senior Notes with an 8.625% coupon rate, the Eurobond was 70% oversubscribed at launch, reflecting strong investor confidence in FirstBank’s governance and market reputation. 💡 Proceeds from the issuance were deployed to strategic customer projects and national initiatives, reinforcing FirstBank’s role in Nigeria’s economic development. 🔁 With this redemption, FirstBank has now retired a total of $1.275 billion across four Eurobond maturities since its inaugural issuance in 2007. 📈 Ratings Upda...

  #Earnings 🏗️ BUA Cement Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +47.2% 🟢 Gross Profit 🔼 +137.4% 🔴 Admin/Marketing/Distribution Expenses 🔼 +48.0% 🟢 Operating Profit 🔼 +165.3% 🔴 Net Finance Cost 🔼 +165.7% 🟢 Net Exchange Gain 🔼 +137.1% 🟢 Profit Before Tax 🔼 +448.2% 🟢 Profit After Tax 🔼 +491.9% 🟢 EPS (Basic & Diluted) 🔼 +491.9% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE

  #Earnings 🏗️ Dangote Cement Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +23.2% 🟢 Gross Profit 🔼 +41.1% 🔴 Admin/Marketing/Distribution Expenses 🔼 +11.8% 🟢 Operating Profit 🔼 +63.5% 🟢 Net Finance Cost 🔽 −50.5% 🟢 Profit Before Tax 🔼 +156.2% 🟢 Profit After Tax 🔼 +166.3% 🟢 EPS (Basic & Diluted) 🔼 +154.8% ❖ [ NOT FINANCIAL ADVISORY ] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE

  #Earnings 🏦 United Capital Plc (Q3'25 vs Q3'24) 🟢 Gross Earnings 🔼 +47.5% 🟢 Investment Income 🔼 +34.5% 🟢 Fee & Commission 🔼 +57.4% 🟢 Net Trading Income 🔼 +185.3% 🟢 Net Operating Income 🔼 +68.4% 🔴 Other Income 🔽 −123.6% 🔴 Net Gain on Financial Assets 🔽 −1357.5% 🔴 Total Expenses 🔼 +65.1% 🟢 Operating Profit 🔼 +37.0% 🟢 Profit Before Tax 🔼 +33.5% 🟢 Profit After Tax 🔼 +32.5% 🟢 EPS (Basic & Diluted) 🔼 +33.1% ❖ [ NOT FINANCIAL ADVISORY ] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE

  #Earnings 🏢 Transnational Corporation Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +38.9% 🟢 Gross Profit 🔼 +48.0% 🔴 Other Income 🔽 −86.8% 🔴 Admin Expenses 🔼 +63.6% 🟢 Operating Profit 🔼 +21.1% 🟢 Net Finance Income 🔼 +26.2% 🟢 Profit Before Tax 🔼 +18.0% 🟢 Profit After Tax 🔼 +20.4% 🟢 EPS (Basic & Diluted) 🔼 +385.5% ❖ [ NOT FINANCIAL ADVISORY ] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE

 🚨 NCR (Nigeria) Plc - Major Shareholder Update! 🚨 NCR Voyix Corp just moved 66,705,456 shares ➡️ Cardtronics Inc. (subsidiary of NCR Atleos) as part of an ATM business reshuffle. This was approved at the Board meeting on Oct 22, 2025. 🏦 No change in who controls NCR, so investor stability remains solid! 💪✨ #Nigeria #StockMarket #Investing

  📈 NGX Hits All-Time High! – Market Wrap for Oct 22, 2025 🇳🇬 The bulls charged hard today as the NGX All Share Index soared by +1.50% to close at 153,736.25 – an all-time high! 🚀📊 🟢 Market Mood: Positive - Gainers: 32 - Losers: 30 📈 Market breadth tilted bullish. 🌟 Top Gainers - 🏦 ASOSAVINGS: +10.00% - ✈️ SKYAVN: +9.99% - 🏢 UPDCREIT: +8.16% - 🧂 NASCON: +6.80% - 🧱 DANGCEM: +6.50% 🔻 Top Losers - 🧪 TIP: -5.73% - 🛡️ LEGENDINT: -5.69% - 👑 ROYALEX: -4.76% - 🍺 CHAMPION: -4.49% - 🏥 MANSARD: -4.19% 🔄 Trading Activity - 📦 Volume: 589.43M units (+6.80%) - 💵 Value: ₦23.97B - 🏦 Most Active: FIDELITYBK - 📊 Volume: 94.74M - 💰 Value: ₦1.88B - 🔻 Price: -0.25% 🏭 Sector Spotlight Industrial goods led the rally, with DANGCEM fueling momentum. 🧱🔥 📌 Stock Picks for Next Session - ✅ BUY: ETI, ZENITH, FCMB, ARADEL, DANGCEM, BERGER - 🤝 HOLD: STANBIC, FIDELITY, CUTIXS - ❌ SELL: AFRIPRUD, TRANSHOT, DANSUGAR 📊 Stay tuned for more updates and trade smart! #NGX #StockMarket #Nige...

 📈 Bulls charge NGX! All Share Index hits all-time high at 151,456.91 (+1.01%) despite negative breadth (30 🔻 vs 28 🔺) 📊 Top gainers: SCOA +7.74% 🚚 OMATEK +7.48% 💻 CONHALLPLC +6.70% 🏢 BUAFOODS +6.54% 🍞 VITAFOAM +5.92% 🛏️ 📉 Worst performers: LIVINGTRUST -9.91% 🏦 CONOIL -5.83% ⛽ AFRIPRUD -5.69% 📄 SOVRENINS -3.95% 🛡️ NPFMCRFBK -3.75% 🏛️ 💸 Volume surged +32.98% to 551.91M units worth ₦20.54B 🔥 FIDELITYBK led trades: 59.12M shares, ₦1.18B turnover 📌 Sector-wide gains drove the rally. Next picks: 🟢 BUY: ETI, ZENITH, FCMB, ARADEL, DANGCEM, BERGER 🟡 HOLD: STANBIC, FIDELITY, CUTIXS 🔴 SELL: AFRIPRUD, TRANSHOT, DANSUGAR

 📢 DAAR COMMUNICATIONS PLC Board Meeting Update: 📅 Date: 30 Oct 2025 (via Microsoft Teams at 1 PM) 🕑 Agenda: Q3 2025 unaudited financials & board committee reports 🚫 Closed period: from 1 Oct 2025 until 24h after results release 🔔 Investors, stay tuned for post-meeting updates!

 📢 PRESCO PLC Board Meeting Update: 📅 New date: 22 Oct 2025 (previously 28 Oct) 🕑 Q3 unaudited results approval 🚫 Insiders' trading ban still in effect until 24h after results release 🔔 Investors, stay tuned!

 #DirectorsDealing 🔻💼 SELL 🚨 MEYER PLC Non-Executive Director, Mr. Osa Osunde, sold a total of 1,416,594 ordinary shares between 2 July – 20 October 2025 🗓️ Average Price: ₦14.23/share 💰 Total Value: ≈ ₦20.15M 💸 Initial Notification filed 📄 #MEYER #Paints 🎨

 📈 NGX hits record high! The All Share Index surged +0.65% to close at 149,940.81 🚀 But market breadth dipped: 🔻 33 losers 🔺 30 gainers Mixed sentiment as bulls lead the charge. #NGX #MarketWrap #AllTimeHigh #NigeriaEquities #TradingDay

  OKOMU OIL PALM PLC – Corporate Actions Update (October 2025) Dividend Declaration: OKOMU Oil Palm Plc has declared an interim dividend of ₦10.00 per 50 kobo ordinary share for the period ended September 30, 2025. Important Dates: Qualification Date: October 31, 2025 Register Closure: November 3–7, 2025 Payment Date: November 14, 2025 (for shareholders who have completed e-dividend registration)

  OKOMU OIL PALM PLC – Corporate Actions Update (October 2025) OKOMU OIL PALM PLC – Corporate Actions Update (October 2025) Dividend Declaration: OKOMU Oil Palm Plc has declared an interim dividend of ₦10.00 per 50 kobo ordinary share for the period ended September 30, 2025. Important Dates: Qualification Date: October 31, 2025 Register Closure: November 3–7, 2025 Payment Date: November 14, 2025 (for shareholders who have completed e-dividend registration) Bonus Issue: No bonus shares were declared for this period. Next Steps for Shareholders: If you haven’t registered for e-dividend, download the mandate form from CardinalStone Registrars and submit it to your bank or the Registrar to receive future dividend payments directly into your bank account. Shareholders with outstanding/unclaimed dividend warrants or share certificates should complete their e-dividend registration or contact CardinalStone Registrars for assistance. Contact: Visit the CardinalStone Registrars webs...

#Webinar 🚨 Countdown to T+2 begins! Join top market leaders as   @CSCSNigeria    unpack how stakeholders can gear up for faster, smarter settlements. 📅 Oct 15, 2025 🕙 10:00 AM (WAT) 🔗 Register ➡️ https://us02web.zoom.us/webinar/register/WN_SmYcLLGfRE6V2U4DTg-VDA?fbclid=IwY2xjawNZ92lleHRuA2FlbQIxMABicmlkETFlRzR5NjE2WmhKTTkwZGVEAR7phIhlr5mrHiCY85UK7vj43obTGtEEAEEwbtf4S1ndFe2jiWywGI1eXdjemg_aem_DQDXjWMmLFiwIktRQJw1eA#/registration Let’s shape the future of market efficiency. #T2  https://us02web.zoom.us/webinar/register/WN_SmYcLLGfRE6V2U4DTg-VDA?fbclid=IwY2xjawNZ92lleHRuA2FlbQIxMABicmlkETFlRzR5NjE2WmhKTTkwZGVEAR7phIhlr5mrHiCY85UK7vj43obTGtEEAEEwbtf4S1ndFe2jiWywGI1eXdjemg_aem_DQDXjWMmLFiwIktRQJw1eA#/registration

  AfDB $500 Million Budget Support Loan Supports Fiscal Consolidation Efforts The African Development Bank’s recent approval of a $500 million budget support loan marks a significant endorsement of Nigeria’s current reform drive and efforts at macroeconomic stabilization. This funding will help ease immediate budget and foreign exchange pressures, ensuring smoother government spending and improved liquidity at a time of sluggish domestic revenues. By reinforcing the government’s fiscal consolidation strategy, the loan frees up vital resources for infrastructure and social projects. Still, successful implementation and careful management are key to preventing a resurgence of debt sustainability challenges.