RainingMoney Financial & Business Intelligence Abuja
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The Report

The RainingMoney Report

Corporate financial reports, simply explained.

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Fiscal year
Period
Showing 6 reports — Filter: All / 2026 / H1
Banks H1 2026

Nigerian Exchange Group Plc

Revenue up 118%, profit after tax up 146%, a ₦1.30 dividend. We read the filing of the company that runs Nigeria's stock exchange: trading fees, tax and the CSCS stake.

Revenue ₦17.60bn
Profit after tax ₦10.36bn
Tax charge ₦4.40bn
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Consumer H1 2026

Nestlé Nigeria Plc

Revenue up 12%, pre-tax profit up 43%, and a tax rate near 49%. We read Nestlé Nigeria's full filing — the currency gain, the marketing spend, and ₦575m left in the bank.

Revenue ₦650.8bn
Profit after tax ₦64.8bn
Cash and deposits ₦5.6bn
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Consumer H1 2026

Dangote Sugar Refinery Plc

From a ₦24.3bn loss to a ₦41.5bn profit, on revenue that fell 8.9%. We read Dangote Sugar's full filing — the raw sugar, the debt swap, and the equity that rests on a revaluation.

Profit after tax ₦41.5bn
Revenue ₦391.9bn
Short-term gap ₦462.8bn
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Banks H1 2026

FCMB Group Plc

Profit before tax up 99%, earnings per share up 14%, and a bad-loan charge that more than doubled. We read FCMB's full filing — the new shares, the cheaper funding, the cost of risk.

Gross earnings ₦676.2bn
Earnings per share ₦4.23
Impairment charge ₦85.9bn
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Industrial H1 2026

BUA Cement Plc

Revenue up 26%, profit up 80%, and a dividend larger than the profit itself. We read BUA Cement's full filing — the payout, the new borrowing, and the margin nobody expected.

Revenue ₦728.9bn
Dividend Paid ₦338.6bn
Net debt ₦359.6bn
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Industrial H1 2026

Dangote Cement Plc

Dangote Cement's H1 2026 pre-tax profit rose 34.4% to ₦981.4bn, but a 63.6% jump in tax held net profit growth to 22.7%. Borrowings nearly halved to ₦581.0bn.

Profit after tax 638.5bn (+22.7%)
Net Cash ₦215.2bn (from ₦682.9bn net debt)
Tax Rate 34.9% (from 28.7%)
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