Revenue

BUA Foods Plc has reported strong financial results for 2025, posting revenue of ₦1.77 trillion, up 16% from ₦1.53 trillion in 2024. Profit after tax jumped 95% to ₦518.4 billion, underscoring the company’s robust growth and…

MTN Group has reported a strong financial performance for 2025, posting a 23% increase in revenue to R218.5 billion, driven largely by robust growth in its West African markets. Nigeria and Ghana emerged as key contributors,…

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…

The US-owned music streaming platform, Spotify has revealed that Nigerian artistes on its platform have generated N11 billion in revenues in 2022. According to the streaming platform, the revenues generated by Nigerian artistes…

With the expectation that the huge, under-banked population in Africa would be getting more access to the internet, McKinsey & Co, has reported that the revenue of Fintech brands in Nigeria, Ghana, and some other African countries…

Nigeria’s telecoms provider, MTN Nigeria, has released its financial report for the first quarter of 2021. It posted revenue of N385.3 billion representing a 17% increase from the N329.1 billion reported in the same period in 2020.. …

Publicis Groupe’s organic revenue declined by 13% year-on-year in the second quarter of 2020, underscoring the impact of Covid-19 lockdowns across the world on media and marketing budgets. On Thursday (23 July) the French holding…

Global TV advertising revenue will lose 6% of its expected growth due to COVID-19 over the next five years, with total global online entertainment advertising pulling back by 5%, according to Ampere Analysis. …

Top financial performers invest in digital at a rate much higher than their peers, according to data released recently. Some 66% spend 10.1% or more of revenue on digital, compared with 26% of their peers. Nearly three-quarters say the…

Facebook reported better-than-expected third-quarter earnings per share on Tuesday. Although quarterly revenue was up 33% to $13.7 billion, it was still short of analyst expectations. Worse, Facebook’s community activity failed to…