Cadbury Nigeria: A bitter year with a sweet aftertaste
If you are a shareholder in Cadbury Nigeria Plc, 2024 felt like watching a rollercoaster that only started climbing in...
Windfall tax takes centerstage as seven Banks incur N819.95 billion in income tax expense in 2024
In 2024, seven Nigerian banks; FCMB, Fidelity, GTCO, Stanbic IBTC, UBA, Wema Bank, and Zenith Bank incurred a combined income...
Ten Nigerian Companies incur N2.17 trillion in forex losses
Some of Nigeria’s leading companies incurred a combined forex loss of N2.17 trillion in the financial year 2024, according to...
NGX Lotus Islamic Index emerges as best-performing index in Q1 2025 with a gain of 8.56%
The NGX Lotus Islamic Index recorded 8.56% increase, emerging as the best-performing index for Q1 2025, outperforming the NGX All-Share...
Top performing stocks on the NGX in Q1 2025
The NGX All-Share Index (ASI) posted a modest 2.66% gain in Q1 2025, closing at 105,660.64 points. This marks a...
Wema Bank hits N433 billion in gross earnings, profit surges to N102 billion in 2024, the highest in five years
Wema Bank Plc has delivered its strongest financial performance in at least five years, reporting a remarkable surge in both...
Fidelity Bank’s pre-tax profit hits a record N385 billion in 2024, up 210%
Fidelity Bank Plc has announced a pre-tax profit of N385.215 billion for the 2024 financial year that ended December 31,...
BUA Foods hits N1.5 trillion in revenue, profits soar 162% as it overtakes multinational competitors
BUA Foods Plc has reported record-breaking results for its 2024 financial year, with revenue crossing the trillion-naira mark for the...
UAC Nigeria reports record N25 billion profits as business restructuring pays off
UAC of Nigeria Plc has posted its best financial performance in years, recording a profit before tax of N25.5 billion...
Stanbic IBTC reports N303.796 billion pre-tax profit in 2024
Stanbic IBTC Holding Plc has announced a pre-tax profit of N303.796 billion for the 2024 financial year ended December 31,...
