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Tag "Profit"

UBA profit rose to N757bn in 2023 — up from N201bn in 2022

    UBA profit rose to N757bn in 2023 — up from N201bn in 2022

The United Bank for Africa (UBA) says it recorded N757.7 billion in profit before tax (PBT) in 2023 — rising from N201 billion in 2022. In a statement on Tuesday

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How Access Holdings built N26.7trn balance sheet in 2023 — biggest expansion in years

    How Access Holdings built N26.7trn balance sheet in 2023 — biggest expansion in years

Access Holdings Plc took a big advantage of its aggressive offshore expansion to build a balance sheet of N26.7 trillion in 2023 — the biggest asset expansion the bank holding

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NNPC recorded N2.5trn profit in 2022 — ‘highest’ ever

    NNPC recorded N2.5trn profit in 2022 — ‘highest’ ever

The Nigerian National Petroleum Company (NNPC) Limited says it raked in a profit of N2.548 trillion at the close of the financial year which ended in December 2022.  Details of

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Stanbic IBTC Holdings builds N109bn profit in Q3 — strongest growth since 2014

    Stanbic IBTC Holdings builds N109bn profit in Q3 — strongest growth since 2014

Stanbic IBTC Holdings Plc built an after-tax profit of N109.2 billion at the end of the third quarter (Q3), nearly double the profit figure of N55.2 billion in the same

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Geregu Power tops up profit to N11bn in Q3, may beat full year target

  Geregu Power tops up profit to N11bn in Q3, may beat full year target

Geregu Power Plc earned roughly N4 billion profit in the third quarter (Q3), topping up to N11.3 billion for the

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Guinness’ falling profit hits N22bn loss at full year, erodes shareholders’ funds

  Guinness’ falling profit hits N22bn loss at full year, erodes shareholders’ funds

Guinness Nigeria Plc experienced a progressive profit drop across quarters, ending the full year with a pre-tax loss of N22.1

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Foreign exchange loss slashes MTN’s profit by 68% to N27bn in Q2

  Foreign exchange loss slashes MTN’s profit by 68% to N27bn in Q2

MTN Nigeria Plc was hit by a foreign exchange (FX) loss of N126.8 billion in the second quarter (Q2), which

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FCMB beats last year’s closing profit on N51bn FX gain in six months

  FCMB beats last year’s closing profit on N51bn FX gain in six months

FCMB Group Plc rode on the back of foreign exchange (FX) gain of almost N51 billion at half-year to lift

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Stanbic IBTC Holdings rebuilds profit to N81b on all-round cost saving

  Stanbic IBTC Holdings rebuilds profit to N81b on all-round cost saving

Stanbic IBTC Holdings has recovered from a 31.5 percent profit plunge in 2021 to build an after-tax profit of N81

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Data powers MTN’s revenue growth to N2trn in 2022

  Data powers MTN’s revenue growth to N2trn in 2022

Revenue from data services powered an increase of 21.6 percent in group turnover of MTN Nigeria Plc to hit the

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