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Finance & Markets

FIS Cuts Banking Growth Outlook Amid Project Delays

Banks are still buying technology from Fidelity National Information Services (FIS), but some of its largest customers are making the company wait longer to put it to work. FIS cut its 2026 pro forma Banking Solutions revenue growth forecast to 3.5-4% from 5-5.5%. Large clients moved conversion dates, bank consolidation affected the timing of revenue, […] The post FIS Cuts Banking Growth Outlook…

FIS Cuts Banking Growth Outlook Amid Project Delays

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

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Champion Breweries’ 9M 2026 pre-tax profit drops to N917.52 million as finance costs surge

Champion Breweries Plc has released its unaudited Q3 2026 financial results, reporting a pre-tax profit of N917.52 million for the nine months ended September 2026, marking a 70.77% year-on-year (YoY)…

  • Champion Breweries' pre-tax profit drops to N917.52 million, down 70.77% YoY
  • Finance costs surge to N5.41 billion, consuming nearly 85% of operating profit
  • Company benefits from N1.26 billion tax credit, increasing PAT to N2.18 billion

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