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Tag: profit

Crude

Business, News

NNPCL delivers ₦5.4 billion Profit after tax in 2024 financial report

Others include, attracting and mobilising $60 Billion in investments across all oil and gas sectors by 2030. As it also…

Football

Tottenham post world record profit

Tottenham FC may not have won a trophy in in the last 11 years, but they are now world record…
Access Bank CEO Wigwe, wife, son die in Copter crash in California

News

Access Bank declares N95bn profit for 2018

Access Bank Plc on Friday declared a profit after tax of N95 billion for the financial year ended Dec. 31,…

News

GTB’s profit before tax hits N215.6bn in 2018

Guaranty Trust Bank Plc on Wednesday announced its audited results for the financial year ended Dec. 31, 2018 on the…

News

Jaiz Bank records N894m profit in 2017

Alhaji Umaru Mutallab, Chairman, Jaiz Bank Plc, said the bank’s profit before tax increased from N343 million in 2016 to…

News

NPF Pensions Ltd records over N75.7 billion profit

The Nigerian Police Force Pensions Ltd recorded over N75.7 billion profit for the 2017 financial year.

News

NNPC subsidiary declares N15.8bn profit after tax

The Nigerian National Petroleum Corporation (NNPC) says Nigerian Gas Processing and Transportation Company Ltd. (NGPTC), one of its subsidiary companies,…
Court orders fines Zenith Bank Plc N85m for freezing an account of its customer identified as Abhulimen & Co based on an invalid court order.

News

Zenith Bank Declares N75.32bn Profit In 6 Months

Zenith International Bank Plc has declared a profit after tax of N75.32 billion for the half year ended June 30.

News

BoI records N17bn operating profit

The Bank of Industry (BoI) recorded operating profit before tax of N17 billion in 2016, a 44 per cent increase…
Dangote Group

News

Dangote Flour Mills returns to profitability, posts N12bn profit

Dangote Flour Mills has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016.
Herbert Wigwe

Business

Access Bank grows Q3 profit to N72bn

Access Bank Plc has announced an impressive profit of N72 billion for the nine months ended 30 September 2016 based…

Business, Metro, News

MTN flags lower profit, shares decline

MTN Group, Africa’s biggest mobile phone operator, flagged lower first-half profit on Tuesday, blaming a hefty fine in Nigeria and…

Business

Fidson Healthcare posts N838mn profit before tax

Daniels Ekugo Fidson Healthcare Plc. released its audited 2015 financial results to the Nigerian Stock Exchange this week, recording an…
MTN ‘Extremely Sorry’ Over Network Outage

Business

MTN blames Nigeria fine as profits down 37%

African telecommunications giant MTN says profits fell 37 per cent in 2015 largely because of a hefty fine imposed by…

Business

Dangote Cement posts N181.3bn profit, declares N8 dividend

Dangote Cement Plc has declared a Profit After Tax of N181.3 billion for the financial year ended December 31, 2015.…

News

MTN Nigeria to declare $955m profit

South African telecommunications group, MTN said on Tuesday its Nigerian business is likely to report about $955 million in annual…

Business

300m child-friendly antimalarial treatments supplied without profit by Novartis

Novartis has announced that it has reached a delivery milestone of 300 million pediatric antimalarial treatments supplied without profit since…

Business

Dangote Cement posts N166.91 bn Q3 profits

Dangote Cement Plc has reported a higher turnover and profit margin for its third quarter. According to a report filed…

Metro, News

Dealers of second-hand clothes record profit in Calabar

Dealers on second-hand clothes and shoes in Calabar, Cross River capital, have expressed joy over the high sales they now…

Business, Metro

Fidson Healthcare declares N477m profit

Fidson Healthcare Plc has released its results for the half year ended June 30, 2​01​5, declaring a profit before tax…

Business

PZ Cussons sales drop in Nigeria, set to report fall in profits

Fake tan and soap maker PZ Cussons will this week report a fall in profits despite strong sales in Britain.…

Headlines, Metro, News

N658bn is the debt Nigerian states owe but the profit one man made in a day

Nigeria’s 36 states have estimated their total indebtedness, including salaries owed workers at N658 billion, about $3.3 billion. The money…

Business

Samsung posts first annual profit decline in three years

Samsung Electronics, the world’s largest smartphone maker, posted its first drop in annual net profit in three years Thursday, days…

Business

Sterling Bank earns N48.7bn in six months

Sterling Bank Plc on Friday declared gross earnings of N48.7 billion in its transactions in the half year, which ended…

Business

Pharma giant Novartis says profits soared

Swiss pharmaceutical giant Novartis said Thursday its net profits for the first half had shot up by 13 percent and…

Business

Grasscutter Farming: Turning Passion Into Profit

By Prince Arinze Onebunne The world needs entrepreneurs. Entrepreneurs create jobs; lift the standard of living, usher new technology into…

Business

Mutual Benefit Posts N10b Income

The Chairman of Nigeria’s Mutual Benefits Assurance Group, Mr Chamberlain Oyibo, on Thursday said the group recorded N10.1 billion gross…

Business

Toyota’s Profit Quadruples

Toyota’s quarterly profit more than quadrupled to 121 billion yen ($1.5 billion), and the automaker gave upbeat forecasts as it…

Business

Only MTN Is Making Profit In Nigeria’

The Executive Vice Chairman, Nigerian Communications Commission (NCC), Mr. Eugene Juwah, says the only telecommunications service provider making profit in…

Business

Ecobank Hits N32.3b Profit

Ecobank Group  has reported a N32.27 billion ($207 million) profit for its 2011 financial year, representing a 57 per cent…
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