Business
ETranzact Revenue up 22.6% to ₦16.28 Billion, Profit Slides as Costs Rise
Revenue rose 22.6% to ₦16.28 billion in H1 2026, but cost inflation pushed operating profit down and operating cash flow into negative ₦6.86 billion.
Markets
USD/NGN₦1,350▲ 0.12%GBP/USD1.3637▲ 0.02%EUR/USD1.1682· 0.00%BTC$77,383▲ 19.64%ETH$2,439▲ 27.25%SOL$94.62▲ 22.83%S&P 5007,674.37▼ 1.43%NASDAQ26,180.46▼ 2.05%DOW53,277.01▼ 0.85%FTSE10,816.56▲ 0.62%BRENT$94.39▲ 3.87%GOLD$4,680.6▲ 5.95%
USD/NGN₦1,350▲ 0.12%GBP/USD1.3637▲ 0.02%EUR/USD1.1682· 0.00%BTC$77,383▲ 19.64%ETH$2,439▲ 27.25%SOL$94.62▲ 22.83%S&P 5007,674.37▼ 1.43%NASDAQ26,180.46▼ 2.05%DOW53,277.01▼ 0.85%FTSE10,816.56▲ 0.62%BRENT$94.39▲ 3.87%GOLD$4,680.6▲ 5.95%
Recent Signals
MeTL Pledges $250 Million to Mozambique, Promises 20,000 Jobs◆North-West Indiana Loses Power for 11th Day, 33,124 Customers Still Out◆Manchester United Lose Opener, Bruno Fernandes Blames Teammates for Costly Errors◆Ten Suspected Cultists Arrested in Cross River After Intelligence Operation◆Omaha Bars Police From Carrying Shock Gloves in Schools, Bellevue Keeps Them◆14 Killed as Airstrikes Hit Chhay Hoe Monastery in Sagaing◆Two-Time World Champion Zolani Tete Killed in Mdantsane Ambush◆Ethel Caterham Becomes First Verified Briton to Reach 117, Setting New UK Longevity Benchmark◆Alexander Isak Must Win Back Newcastle as He Returns to St James' Park◆Why Young People Are Rethinking Traditional Career Paths◆Calabar SPAR Fire Outbreak Sends Smoke Across City, Firefighters Battle Flames◆Residents Lose Security as Bandits Kidnap Worshippers in Borgu, Niger State◆Romania Destroys Marine Drone Near Neptun Deep, Heightening Risk to EU Gas Project◆Cristiano Ronaldo Says This Year is ‘Probably’ His Last as a Footballer◆More Than 1,000 Terns Found Dead as South Australia Declares 'Significant' H5 Escalation◆Trump Declares Strait of Hormuz “An American Territory,” Increasing Escalation Risk With Iran◆Letara’s ¥2.6 Billion Raise Pushes Hybrid Rockets Toward Defense and Larger Launches◆ETranzact Revenue up 22.6% to ₦16.28 Billion, Profit Slides as Costs Rise◆New York Tops San Francisco for Tech Talent, CBRE Says◆Arsenal Start Premier League With 3-0 Win, Arteta Says There Was "A Lot to Like"◆MeTL Pledges $250 Million to Mozambique, Promises 20,000 Jobs◆North-West Indiana Loses Power for 11th Day, 33,124 Customers Still Out◆Manchester United Lose Opener, Bruno Fernandes Blames Teammates for Costly Errors◆Ten Suspected Cultists Arrested in Cross River After Intelligence Operation◆Omaha Bars Police From Carrying Shock Gloves in Schools, Bellevue Keeps Them◆14 Killed as Airstrikes Hit Chhay Hoe Monastery in Sagaing◆Two-Time World Champion Zolani Tete Killed in Mdantsane Ambush◆Ethel Caterham Becomes First Verified Briton to Reach 117, Setting New UK Longevity Benchmark◆Alexander Isak Must Win Back Newcastle as He Returns to St James' Park◆Why Young People Are Rethinking Traditional Career Paths◆Calabar SPAR Fire Outbreak Sends Smoke Across City, Firefighters Battle Flames◆Residents Lose Security as Bandits Kidnap Worshippers in Borgu, Niger State◆Romania Destroys Marine Drone Near Neptun Deep, Heightening Risk to EU Gas Project◆Cristiano Ronaldo Says This Year is ‘Probably’ His Last as a Footballer◆More Than 1,000 Terns Found Dead as South Australia Declares 'Significant' H5 Escalation◆Trump Declares Strait of Hormuz “An American Territory,” Increasing Escalation Risk With Iran◆Letara’s ¥2.6 Billion Raise Pushes Hybrid Rockets Toward Defense and Larger Launches◆ETranzact Revenue up 22.6% to ₦16.28 Billion, Profit Slides as Costs Rise◆New York Tops San Francisco for Tech Talent, CBRE Says◆Arsenal Start Premier League With 3-0 Win, Arteta Says There Was "A Lot to Like"◆