Capital Market
FCMB Group Forecasts ₦58.8 Billion Profit for Q4 2025, Signals Strong Year-End Performance
FCMB Group Plc has released its earnings and cash flow forecast for the fourth quarter ending December 31, 2025, projecting a robust profit after tax of ₦58.82 billion. The group anticipates gross earnings of ₦265.2 billion, driven primarily by interest income of ₦231.8 billion. After accounting for interest expenses of ₦116.08 billion, net interest income is expected to reach ₦115.76 billion.
Additional revenue streams include ₦3.72 billion from foreign exchange earnings, ₦4.38 billion from securities trading, and ₦20.43 billion in transaction commissions. Net operating income is forecasted at ₦149.12 billion, with loan losses estimated at ₦14.12 billion and operating expenses at ₦69.13 billion. This positions the group for a profit before tax of ₦65.87 billion, with a projected tax charge of ₦7.05 billion.
On the cash flow front, FCMB expects to generate ₦109.08 billion from operating activities, following adjustments for working capital and taxes. Financing activities are forecasted to result in a net outflow of ₦1.82 billion, while investing activities are expected to contribute ₦71.32 billion. The group anticipates a net increase in cash and cash equivalents of ₦178.57 billion, bringing its quarter-end cash position to ₦852.91 billion, up from ₦674.34 billion at the start of the quarter.
The forecast underscores FCMB’s confidence in its operational resilience and strategic positioning as it closes out the financial year.
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Adelabu: Governors, Investors Back $500m Solar Drive
The Federal Government, working with state governors and private investors, has secured nearly $500 million in funding to establish solar manufacturing plants across Nigeria, the Minister of Power, Adebayo Adelabu, has announced. Speaking at the Nigeria Energy Conference in Lagos, Adelabu revealed that the investment would add close to 4 gigawatts of solar production capacity…
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Nvidia Becomes World’s First $5 Trillion Company
US-based tech powerhouse Nvidia has officially become the world’s first company to hit a $5 trillion market capitalization, underscoring investor confidence in the long-term potential of artificial intelligence to drive global innovation and economic growth. On Wednesday, Nvidia’s shares surged by 4.91% to $210.90 at the opening of trading on Wall Street, lifting the chipmaker’s…
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Berger Paints Nigeria Plc Announces ₦0.40 Dividend for Q3
Berger Paints Nigeria Plc has declared an interim dividend of ₦0.40 per 50 kobo ordinary share for the period ended 30 September 2025, subject to applicable withholding tax and shareholder approval. According to the company’s corporate action announcement, the dividend will be paid to shareholders whose names appear in the Register of Members at the…