NPF Microfinance Bank reported a 7.7% year-on-year increase in pre-tax profit for the first half of 2026, reaching N3.20 billion.
The lender's results indicate resilience in the microfinance segment despite broader economic headwinds affecting the Nigerian market.
58 billion, while Aradel Holdings saw a 323% surge in pre-tax profit to N284 billion in the first quarter, driven by top-line growth and accounting adjustments.
In contrast, Champion Breweries posted a sharp 34.1% decline in pre-tax profit for the same period, falling to N2.28 billion.
The brewer's significant profit contraction underscores continued pressure on consumer-facing companies navigating inflationary costs and shifting demand patterns.
These diverging results add to a mixed picture for Nigerian listed companies in the first half of 2026.
African Prudential previously reported an 18.1% rise in half-year profit after tax to N1.58 billion, while Aradel Holdings saw a 323% surge in pre-tax profit to N284 billion in the first quarter, driven by top-line growth and accounting adjustments.