Guaranty Trust Holding Company Plc, GTCO, has announced a profit before tax of N600.9bn for the half-year ended June 30, 2025, reflecting strong resilience in its operations even though the …
Corporate Earnings
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BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENT
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BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Zenith Bank Half-Year Profit Hits N532bn, Gross Earnings Rise to N2.5tn
Zenith Bank Plc has reported strong financial results for the first half of 2025, growing its gross earnings to N2.5 trillion as of June 30, 2025. This represents a 20 …
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BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Stanbic IBTC Half-Year Profit Jumps to N173.4bn on Strong Interest and Fee Income
Stanbic IBTC Holdings Plc has reported a profit after tax of N173.4 billion for the half year ended June 30, 2025, showing a 49 per cent rise compared with the …
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BusinessCorporate EarningsEconomyFinanceInsuranceNigeria
Regency Alliance Insurance Pays N3.14bn in Claims Despite Profit Decline
Regency Alliance Insurance Plc has reported a sharp increase in claims payment, rising by 242.59 per cent to N3.14 billion in the first half of 2025. The figure, contained in …
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BankingBusinessCapital MarketCorporate EarningsEconomyFinance
UBA Half-Year Profit Rises to N335bn Despite Drop in Pre-Tax Earnings
United Bank for Africa Plc (UBA) has announced its financial performance for the first half of 2025, showing a profit after tax of N335.53bn. This represents a 6.06 per cent …
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BusinessCapital MarketCorporate EarningsEnergyNigeriaOil & Gas
OGTAN Pledges Stronger Skills Training to Boost Nigeria’s Energy Sector
The Oil and Gas Trainers Association of Nigeria (OGTAN) has reaffirmed its commitment to building fit-for-purpose skills that will strengthen Nigeria’s energy industry and ensure long-term sustainability. Speaking at the …
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BusinessCorporate EarningsEconomyFinanceManufacturingNigeriaStock Market
Cutix Plc Profit Falls 81% in Q1 2025 Despite Rising Assets
Cutix Plc, a Nigerian cable manufacturing company listed on the Nigerian Exchange, has reported a sharp decline in profit for the first quarter of its 2025 financial year. The company’s …
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BusinessCorporate EarningsEconomyNewsTechnologyTransportation
Bolt Says Top 50 Nigerian Drivers Earned N9.6m in Six Months
Bolt, one of Africa’s largest ride-hailing companies, has announced that its top 50 drivers in Nigeria earned an average of N9,662,105 in the first half of 2025. This translates to …
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AfricaBankingBanking, Finance & InvestmentCorporate EarningsINVESTMENTMarkets
United Capital Plc Posts N11.89bn Half-Year Profit
United Capital Plc has announced a profit after tax of N11.89bn for the first half of 2025, representing a remarkable 522 per cent increase compared to the same period in …
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BusinessCorporate EarningsFinanceInsuranceNewsNigeria
FBS Reinsurance Grows Insurance Revenue by 85% to N50.9bn in 2024
FBS Reinsurance Limited, an indigenous player in Nigeria’s insurance sector, has reported a strong financial performance for the 2024 financial year, with insurance revenue rising by 85 per cent to …