eTranzact stock rises forty five% in one-week, tops advancers on obvious occasions 

Shares of eTranzact Global Plc dangle surged forty five.15% in the week ended 12th September 2025 on the Nigerian stock market, reaching a excessive of N14.95 and topping the weekly advancers table.

The Nigerian price fintech firm began the week at N10.30 on Monday and gapped bigger the next day as stable seeking stress entered the market, sustaining momentum for the length of the week.

In early September, the Federal Inland Earnings Service (FIRS) authorized eTranzact as a provider for its nationwide e-invoicing rollout.

This builds on the earlier collaboration around VAT automation below Tax Administration 2.0 and further strengthens the firm’s neutral as a trusted partner in government-led digitalization of tax and business processes.

On the fundamentals entrance, eTranzact lately reported H1 pretax income of N2.1 billion, up 18.31% 12 months-on-12 months from N1.8 billion the outdated 12 months, supported by reduced price of gross sales.

Previous to that, at its Annual Total Assembly on 24th July, shareholders authorized elevating as much as N100 billion by a rights peril, non-public placement, or debt, and licensed an salvage bigger in share capital from 4,599,999,908 typical shares by rising further shares to toughen the capital carry.

In the week ended 12th September, the stock broke past its N10 resistance, dwelling in 2023, and rose to N14 by week’s shut on a weekly quantity of 6.3 million shares.

Market Pattern in 2025 

eTranzact began 2025 at N6.50, in a pullback following a excessive of N10 recorded in July 2023. The stock recorded a dilapidated first quarter, falling over 11% by the stay of March.

Buying task received traction in the 2d quarter.

• April opened modestly, but bullish momentum step by step reinforced by June, ensuing in a half of-12 months efficiency of 20%, successfully offsetting the main-quarter losses.

The third quarter has emerged because the stock’s strongest period to this point, with a surge of over 91%, most of which came about in August and early September.

In the week ended 12th September, eTranzact jumped forty five.15%, reflecting intense and sustained bullish sentiment.

Being named by FIRS as a government-authorized enabler for nationwide e-invoicing likely boosted early September’s gains, but the stock’s upward momentum had already picked up after its H1 outcomes were released on twenty ninth July.

Performance 

E-Tranzact Global Plc reported a pretax income of N2.1 billion in the main half of of 2025, up from N1.8 billion in H1 of the outdated 12 months.

Though the firm’s income dipped a bit of to N13.2 billion from N14 billion in H1 2024, necessary of the profitability came from a important reduction in price of gross sales.

• Label of gross sales fell from N9.4 billion in H1 2024 to N6.8 billion in H1 2025, ensuing in a corrupt income of N6.4 billion, up 39.5%.

Despite a upward push in operating charges, particularly administrative charges, which elevated to N3.9 billion from N2.7 billion, the firm’s operating income stood at N2.07 billion, up 20%.

With the added excellent thing about lower finance charges, this translated right into a pretax income of N2.1 billion.