Profit

Lafarge Cement Pays $778 million US Fine For 'Donating' To Terrorists

Lafarge Africa Records N268.62bn Revenue In Three Months

Between April and June 2025, Lafarge Africa generated N268.62 billion in revenue, overshadowing the N157.80 billion turnover reported in the second quarter (Q2) of 2024. Lafarge Africa’s revenue grew faster than the

Prime Business Africa

August 1, 2025

First Bank Changes Names Of Its Subsidiaries In UK, Some Sub-Saharan African Countries

Business·Top Stories

First HoldCo’s Profit Drops By 25% To N116bn In Q2 2025

Between April and June 2025, First HoldCo generated N812.12 billion in interest income, surpassing the N501.54 billion recorded in the second quarter (Q2) of 2024, representing an increase of 61.92 percent. The

Prime Business Africa

July 31, 2025

BUA Cement's Profitability Under Threat As Production Costs Surge

Business·Top Stories

BUA Cement’s Revenue Rises To N289bn, Profit Up 512.69%

BUA Cement reported a turnover of N289.48 billion in the second quarter (Q2) of 2025, surpassing the N202.81 billion generated in Q2 2024. The 42.73 percent growth in revenue overshadowed the 2.60

Prime Business Africa

July 30, 2025

Dangote Cement's Revenue Soars, But Production Costs Rise 45% In Tandem

Business·Top Stories

Dangote Cement’s Profit Rises By 230% After Cutting Costs

Over N1.07 trillion in revenue was generated by Dangote Cement between April and June 2025, exceeding the N942.70 billion turnover posted in the second quarter of last year, representing an increase of

Prime Business Africa

July 29, 2025

Naira Devaluation Will Cause Negative Impact Of $22m On Revenues, Airtel Africa Says

Business·Top Stories

Airtel Nigeria’s Data Revenue Rises 40%, Voice Turnover Up 19% In Q2 2025

Airtel Africa said its revenue in Nigeria increased by 29.8 percent to $332 million in the second quarter of 2025, up from $256 million generated in the corresponding period in 2024. This

Prime Business Africa

July 28, 2025

Business·Top Stories

Infinity Trust Mortgage Bank Grows Revenue To N1.51bn, Profit Rises By 84%

Infinity Trust Mortgage Bank has disclosed that its revenue for the second quarter (Q2) of 2025 increased by 62.27 percent to N1.51 billion, from the N931.63 million reported in the same period

Prime Business Africa

July 25, 2025

Business·Top Stories

Guinea Insurance Records N106.27bn Loss Despite 12% Increase In Revenue

Guinea Insurance reported N1.42 billion as revenue in the second quarter (Q2) of 2025, exceeding the N1.26 billion generated in Q2 2024, representing a 12.38 percent increase. Also, the company incurred insurance

Prime Business Africa

July 24, 2025

Business·Top Stories

Cadbury Nigeria Generates N37bn, Posts N5.97bn Profit After Tax

Cadbury Nigeria Plc generated N37.22 billion in the first quarter (Q1) of 2025, compared to the N23,69 billion recorded in the same period last year, representing an increase of 57 percent. The

Prime Business Africa

July 23, 2025

Business·Top Stories

Briclinks Africa’s Revenue Rises By 3%, Total Assets Drop To N8.10bn

Briclinks Africa has reported a turnover of N135.61 million in the second quarter (Q2) of 2025, up slightly by 3 percent compared to the N131.66 million revenue recorded in the first quarter

Prime Business Africa

July 22, 2025

Business·Top Stories

MeCure’s Debt Burden Reduces Profit To N812m

In the first quarter (Q1) of 2025, MeCure Industries generated N13.29 billion, compared to the N8.07 billion turnover recorded in the corresponding period in 2024, representing an increase of 64.53 percent. According

Prime Business Africa

July 21, 2025

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Lafarge Africa Records N268.62bn Revenue In Three Months

First HoldCo’s Profit Drops By 25% To N116bn In Q2 2025

BUA Cement’s Revenue Rises To N289bn, Profit Up 512.69%

Dangote Cement’s Profit Rises By 230% After Cutting Costs

Airtel Nigeria’s Data Revenue Rises 40%, Voice Turnover Up 19% In Q2 2025

Infinity Trust Mortgage Bank Grows Revenue To N1.51bn, Profit Rises By 84%

Guinea Insurance Records N106.27bn Loss Despite 12% Increase In Revenue

Cadbury Nigeria Generates N37bn, Posts N5.97bn Profit After Tax

Briclinks Africa’s Revenue Rises By 3%, Total Assets Drop To N8.10bn

MeCure’s Debt Burden Reduces Profit To N812m

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