Profit – Page 2 of 3 – Prime Business Africa

Zenith Bank Records 117% Gross Earnings Growth In H1 2024

Zenith Bank’s Revenue Increased To N949.85bn, Profit Grew By 20.70% In Q1 2025

Zenith Bank’s revenue for the first quarter (Q1) of 2025 increased by 21.68 percent to N949.85 billion, up from N780.61 billion generated in the same quarter in 2024. The lender, in its

Prime Business Africa

June 3, 2025

Business·Top Stories

Dangote Sugar Struggling With Production Cost, Operating Profit Drops By 48%

Dangote Sugar recorded 74.31 per cent growth in its revenue, as the company generated N213.93 billion for the first quarter (Q1) of 2025, surpassing the N122.72 billion turnover reached in Q1 2024.

Prime Business Africa

June 2, 2025

Business·Top Stories

Access ARM Grows Profit To N4.33bn, Total Assets Increase By 131.48%

Access ARM Pensions Limited recorded a 124.73 percent increase in fee income, after reporting N24.04 billion in 2024, compared to the N10.69 billion declared in 2023. The company announced the increase in

Prime Business Africa

May 30, 2025

Business·Top Stories

Linkage Assurance Records N6bn Revenue, Tax Burden Affects Profit Growth

Linkage Assurance reported 18 per cent growth in its insurance revenue for the first quarter (Q1) of 2025, after recording N6.05 billion, against the N5.12 billion posted in the corresponding period in

Prime Business Africa

May 29, 2025

Business·Top Stories

Neimeth Suffers N2bn FX Loss, Records 50% Decline In Loss After Tax

Neimeth International Pharmaceuticals Plc grew its top line by triple-digits or 102.98 percent in 2024, after generating N4.48 billion, surpassing the N2.20 billion turnover recorded in 2023. According to the company’s financial

Prime Business Africa

May 28, 2025

Business·Top Stories

Champion Brew Records First Q1 Profit In Three Years – But Has A Cost Problem

Champion Brew announced solid financial returns in the first quarter (Q1) of 2025, however, the company has a finance cost problem that is affecting the brewer’s bottom line. According to its condensed

Prime Business Africa

May 26, 2025

Business·Top Stories

With N1.36bn Gain, Berger Paints Shareholders Profit From Robust Bottom Line

Berger Paint is having a positive run in the second quarter, with stock market investors bullish on its shares after reporting an impressive financial return for Q1 2025. Shareholders have recorded a

Prime Business Africa

May 23, 2025

BUA Cement's Profitability Under Threat As Production Costs Surge

Business·Top Stories

BUA Cement Loses 52% Of Revenue To Cost Of Production – But Profit Triples

In its unaudited financial statements for the period ended March 31, 2025, BUA Cement reported N290.82 billion revenue, up by 80.48 percent compared to the N161.13 billion generated in the corresponding period

Prime Business Africa

May 22, 2025

Wema Bank In Search Of N25 billion, Target Private Investors

Business·Top Stories

Wema Bank Performs Poorly In Q1 As Revenue Drops 41%, Profit Declines 72%

Wema Bank’s revenue fell by 41.79 per cent to N81.27 billion in the first quarter (Q1) of 2025, failing to surpass the N139.62 billion generated in the corresponding period in 2024. The

Prime Business Africa

May 20, 2025

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

Business·Top Stories

Airtel Nigeria’s Voice Revenue Contribution Drops, Data Accounts For 45% Of Turnover

Airtel Nigeria recorded a 15.5 percent growth in its revenue after generating $307 million in the first quarter (Q1) of 2025, compared to the $266 million turnover reported for the same period

Prime Business Africa

May 19, 2025

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Profit - Page 2

Zenith Bank’s Revenue Increased To N949.85bn, Profit Grew By 20.70% In Q1 2025

Dangote Sugar Struggling With Production Cost, Operating Profit Drops By 48%

Access ARM Grows Profit To N4.33bn, Total Assets Increase By 131.48%

Linkage Assurance Records N6bn Revenue, Tax Burden Affects Profit Growth

Neimeth Suffers N2bn FX Loss, Records 50% Decline In Loss After Tax

Champion Brew Records First Q1 Profit In Three Years – But Has A Cost Problem

With N1.36bn Gain, Berger Paints Shareholders Profit From Robust Bottom Line

BUA Cement Loses 52% Of Revenue To Cost Of Production – But Profit Triples

Wema Bank Performs Poorly In Q1 As Revenue Drops 41%, Profit Declines 72%

Airtel Nigeria’s Voice Revenue Contribution Drops, Data Accounts For 45% Of Turnover

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