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Profit - Page 7

Stanbic IBTC Posts N116.41bn Profit Before Tax

Stanbic IBTC Holdings saw a significant increase in its topline and bottom line for the first quarter (Q1) of 2025, while its customer deposits increased marginally. According to the company’s condensed consolidated interim financial statements for the period ended March 31, 2025,

May 9, 2025

Business·Top Stories

FCMB’s profit plunges by 21% after paying N17.67bn windfall tax

In 2024, First City Monument Bank (FCMB) grew its gross revenue to N794.43 billion, 53.85 percent higher than the N516.35 billion generated in 2023. FCMB, in its financial statements for the period ended December 31, 2024, also reported 75.15 per cent growth

April 29, 2025

Business·Top Stories

Femi Otedola’s Geregu Power Suffers Revenue, Profit Decline

Geregu Power, the electric power generation, transmission and distribution company largely owned by Nigerian billionaire, Femi Otedola, failed to beat its topline and bottom line projections for the first quarter (Q1) of 2025. Analysis of the company’s Q1 financial statements by Prime

April 25, 2025

Business·Top Stories

AIICO Insurance’s profit falls below N16.72bn forecast

The total premium collected by AIICO Insurance in 2024 was N159.31 billion, 44.67 percent higher than the N110.11 billion paid by policyholders in 2023. Checks by Prime Business Africa showed that the amount paid by the company’s customers to keep their insurance

April 24, 2025

Business·Finance & Economy·News

UBA Grows Earnings By 18% As Profit Hits N44.5bn

United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31, 2022, recording impressive growth across its income lines. The bank’s result which was released to the Nigerian Stock Exchange on Tuesday showed that gross

April 27, 2022

Business·News

Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

Zenith Bank, in line with its consistent impressive financial performance and customer service delivery, has announced an improved balance sheet for 2021.

March 1, 2022

Business

Guinness Reports Stunning 811.2% Growth In Profit, EPS

GUINNESS Nigeria Plc published its Q2-22/H1-22 (end-Dec 31) unaudited results on Thursday January 27, 2022, reporting a stunning growth of 811.2% y/y in Q2-22 standalone Profit After Tax (PAT), and earnings per share (EPS) surge at the same rate (811.2%), year on

January 29, 2022

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Profit - Page 7

Stanbic IBTC Posts N116.41bn Profit Before Tax

FCMB’s profit plunges by 21% after paying N17.67bn windfall tax

Femi Otedola’s Geregu Power Suffers Revenue, Profit Decline

AIICO Insurance’s profit falls below N16.72bn forecast

UBA Grows Earnings By 18% As Profit Hits N44.5bn

Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

Guinness Reports Stunning 811.2% Growth In Profit, EPS

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