Nigeria's Q3 earnings season will assess the sustainability of earnings momentum for major banks and consumer goods manufacturers. Key banks like FirstHoldCo and GTCO face different pressures, with projections for Q3 PBT varying significantly among them.
Five Nigerian banks reported a combined profit before tax of N2.29 trillion for the first half of 2026, with FirstHoldCo leading at N653.5 billion, followed by Zenith Bank and GTCO.
Five financial institutions reported a combined profit before tax of approximately N2.29 trillion for the first half of 2026, driven by stronger interest income and improved asset quality. FirstHoldCo Plc led with N653.5 billion, marking an 83.5% year-on-year increase.
