Champion Breweries completes Bullet acquisition
Aradel announced a delay in the submission of its AFS 2025 and Q1 2026 earnings
Good evening and welcome to today’s greenticker daily. This is a summary of key points of the day’s trading session on the NGX. If you have any questions, please feel free to drop a comment. You can also send an email to info@greentickertales.com
The big picture
The All Share Index gained 1.4%. The index measures the average performance of stocks on the exchange.
789.9 million shares valued at N35.1 billion were traded.
The rally was driven by gains in MTN Nigeria which appreciated by 3.03% closing at N783, and Dangote Cement which appreciated by 3.97% to close at N809.9.
Top gainers
NGX Group led the gainers appreciating by 10% to close at N136.40
Aradel followed with a 9.99% gain to close at N1192.30.
Top losers
Custodian Investment led the losers declining by 10% to close at N61.20.
McNichols was next with a 9.92% decline to close at N7.63.
Most actively traded stocks by value
Aradel took pole position with N6.1 billion worth of shares traded.
MTN Nigeria followed with N4.2 billion worth of shares traded.
Most actively traded stocks by volume
FTG Insurance took pole position with 109.1 million shares traded.
Japaulgold followed with 54.7 million shares traded.
Other news
Champion Breweries filed its audited FY 2025 earnings. The brewer made N29.7 billion in revenue and N1.78 billion in profit after tax. It has proposed a 7 kobo final dividend.
The firm also announced it had completed the acquisition of Bullet Brand from Sunmark.
United Capital filed its audited FY 2025 earnings. The firm made N58.5 billion in gross earnings and N28.1 billion in profit after tax. It has proposed a final dividend of 70 kobo bringing total dividend for FY 2025 to N1.
Wait a bit for Aradel numbers
Aradel Holdings Plc informed the NGX today it ould be unable to file audited FY 2025 and Q1 2026 earnings within the prescribed timeline.
The delay arises from the recent completion (in December 2025) of the acquisition of an additional 40% equity interest in ND Western Limited.
The Company considers it necessary to finalize comprehensive reviews associated with this transaction to ensure that the audited financial statements, when released, present a clear, complete, and accurate reflection of the financial position and the impact of the acquisition.
It expects complete the process and expects to file the results on or before Friday, the 29th of May 2026.