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Transcorp records N197bn revenue, N58.8bn profit

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Transnational Corporation Plc (Transcorp Group) has announced a revenue increase of N197 billion in 2023. Transcorp Group, while announcing its financial results for 2023, noted...

Dangote Sugar records N441.5bn revenue, N97.9bn profit in 2023

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Dangote Sugar Plc has recorded a nine per cent increase in its group revenue to N441.5 billion and a recurring profit after tax up...

Dangote Cement declares N455.6bn profit, N30 dividend per share

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Africa’s largest cement manufacturer, Dangote Cement has recorded improvement in all performance measurement indicators. In the financial year ended December 31, 2023, Dangote Cement revenue...

BUA Cement declares N69.5bn profit in 2023

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BUA Cement Plc has declared a net profit after tax of N69.5 billion for the full year 2023. BUA Cement also recorded a revenue growth...

Nestlé Nigeria’s revenue hits N547bn, records N79.5bn loss

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Nestlé Nigeria Plc., has declared a N547.1 billion sales increase for the 2023 financial year, translating to a 22.4 per cent increase of N100...

NNPCL records over N2.5trn profit

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The Nigerian National Petroleum Company (NNPC) Ltd has recorded a profit of N2.548 trillion in 2022. The national oil company in its 2022 Financial Performance...

Unity Bank records N38.2bn gross earnings in Q3’23

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Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023. The customer deposits also appreciated by 5%...

Zenith Bank rakes in N505bn profit in 9 months, assets hit...

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Zenith Bank Plc has recorded a 149% Year on Year (YoY) increase in profit before tax, growing from N202.5 billion in Q3 2022 to...

Seplat Energy profit hits N245.6bn in 9 months

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Nigeria’s independent energy company, Seplat Energy Plc, has declared a profit of N245.6 billion for the nine months ended 30 September 2023. Seplat also recorded a rise in revenue...

Dangote Cement reports N404.89bn in 9 months

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Africa’s major cement manufacturer, Dangote Cement, has reported a Profit Before Tax of N404.89 billion in the nine months ended September 30, 2023. The figure...
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