Profit

Latest industry data from the Nigerian Communications Commission show that 4G networks accounted for 53.76 per cent of Nigeria’s mobile connections as of March 2026, while 5G makes up only about 4.2 per cent despite its commercial…

Three listed companies under the Dangote Group have recorded a strong start to the year, posting a combined profit before tax of N456.68 billion in the first quarter of 2026. This represents a 52 percent increase compared to…

FrieslandCampina WAMCO Nigeria Plc has announced, at its 53rd Annual General Meeting, that it’s gross profit for the year reached about ₦119 billion and that the board approved dividend payments to shareholders. Representing a…

Guinness Nigeria Plc has reaffirmed its commitment to sustainable growth, operational efficiency, and corporate transparency following a media engagement session held in Lagos, where the company provided deeper insight into its…

FirstHoldCo Plc has bounced back with impressive momentum in the first quarter of 2026, delivering one of the strongest quarterly performances in the Nigerian banking industry, as the diversified financial services group…

Unilever Nigeria Plc has announced its unaudited financial results for the first quarter ended 31 March 2026, delivering a 26% increase in revenue to ₦59.2 billion, compared to ₦46.9 billion in the same period last year. Operating…

Stanbic IBTC Holdings Plc has delivered a commanding performance in its 2025 financial results, with pretax profit surging 81.62 percent to N551.7 billion from N303.7 billion in 2024, driven by robust growth across interest and…

At its 80th Pre-AGM media briefing in Lagos, Nigeria's oldest and largest brewer unveiled a striking double story of a dramatic financial comeback and an accelerating sustainability agenda that is reshaping what it means to be a…

Dangote Cement Plc, Africa's cement powerhouse, is accelerating its continental dominance following a landmark N1 trillion profit milestone. The record-breaking financial performance underscores the company's unyielding commitment…

Transnational Corporation of Nigeria Plc (Transcorp) has posted strong financial results for 2025, reporting a pre-tax profit of ₦179.5 billion, a 31 percent increase from ₦136.7 billion in 2024. Profit after tax rose to ₦135.9…