Aradel
Coverage of Aradel in the Nexus archive.
- Aradel’s half-year profit grows far less than revenue as galloping costs bite
Aradel's half-year after-tax profit increased to ₦191 billion from ₦146.4 billion, but revenue growth outpaced profit as rising costs reduced earnings. The company experienced sharp turnover growth, but profits were lower than expected due to increasing expenses.
- United Capital, Aradel, Custodian Investment top stock pick this week
United Capital, Aradel, and Custodian Investment are highlighted as top stock picks for the week. The article emphasizes that this is not a buy, sell, or hold recommendation but a stock investment guide, advising consultation with a financial advisor before making decisions.
- Aradel’s annual profit surges 192% as ND Western, Renaissance Africa’s acquisitions lift earnings
Aradel's annual profit surged 192% due to acquisitions of ND Western and Renaissance Africa, while revenue increased by 20.4% to ₦699.4 billion, driven by crude oil exports and refined product sales.
- Aradel Holdings Profit Jumps 192% as Acquisitions Reset Its Scale
Aradel Holdings reported a 192% profit increase to ₦757bn in 2025, driven primarily by one-off accounting items from two major year-end acquisitions. The company's profit surge is attributed to these acquisitions resetting its scale.
- Aradel, NEM, FCMB Group top stock pick this week
The article highlights Aradel, NEM, and FCMB Group as top stock picks for the week, noting it is an investment guide rather than a recommendation. It advises consulting a financial advisor before making investment decisions.