
Stanbic IBTC posts NGN551.7 bln profit, lifts final dividend to NGN4
The NGX ASI closed at 1,658.83, up 0.0845% on April 20, while banks led trading and First HoldCo jumped 6.3% on NGN4.49 billion in turnover, according to analyst notes. Stanbic IBTC Holdings posted a record NGN551.7 billion profit for 2025 and raised its final dividend to NGN4 per share, Marketing Edge reported, while AfricanFinancials said the group declared a NGN4 final payout. Seplat Energy published its 2025 annual report and set a date for a virtual AGM, according to TipRanks. Market flow also reflected the listing of UAC of Nigeria Plc's bond, according to the April 17 Market Bulletin.
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The NGX ASI fell 1.2092% to 1,633.23 on April 24, despite 3 gainers hitting 10% and MTNN turnover of NGN 8.2 billion, according to an analyst bulletin. On earnings, BUA Cement reported Q1 2026 profit of NGN 193 billion, supported by strong sales and interest income, according to Nairametrics. Nigerian Breweries posted a 26% rise in quarterly profit on higher revenue and lower finance costs, Premium Times Nigeria reported. Stanbic IBTC Holdings said Q1 2026 profit rose 42% to NGN 165.4 billion, according to westernpost.ng.
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