Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc, has announced a major leap in revenue for the first quarter of 2025. The company recorded N21 billion in revenue, marking …
REVENUE GROWTH
-
AFRICA NEWSBusinessBusiness InsightsEconomyINVESTMENTMarketsNigeria
-
AFRICA NEWSBusinessBusiness InsightsEconomyFinance & ServicesManufacturingMarketsNigeria
Guinness Nigeria Bounces Back with N6.7bn Profit in Nine Months
Guinness Nigeria Plc has bounced back into profitability, posting a profit after tax of N6.72 billion for the nine months ended March 31, 2025. This is a major turnaround for …
-
BusinessDangote IndustriesFinance & ServicesNigeria
Dangote Cement Posts N209.2bn Profit in Q1 2025, Reflecting Strong Growth Despite Macroeconomic Challenges
Dangote Cement Plc has posted a remarkable profit after tax of N209.2bn for the first quarter ended 31 March 2025, marking an 85.7 per cent increase from the N112.7bn recorded …
-
BUA Cement Plc has posted a revenue of N290.8bn for the first quarter ended March 31, 2025, marking a massive increase of 80.5 per cent compared to the N161.1bn it …
-
Business and EconomyEnergyINVESTMENTNigeriaOil & GasWestern Africa
TotalEnergies Records N27bn Profit, Proposes N40 Dividend Per Share for 2024
TotalEnergies Marketing Nigeria Plc has reported a profit of N27.49 billion for the financial year ended December 31, 2024. This marks a significant 113 per cent increase from the N12.92 …
-
First City Monument Bank (FCMB) has reported a Profit Before Tax (PBT) of N111.9 billion for the financial year ending December 31, 2024. This was disclosed in a corporate statement …
-
BusinessEconomyFinance & ServicesManufacturingMarkets
International Breweries’ loss extends to seventh year
International Breweries has recorded another year of losses, marking its seventh consecutive year in the red. The company’s audited financial report, filed on the Nigerian Exchange Limited on Thursday, showed …
-
BusinessFinance & ServicesHospitality, Travel & TourismINVESTMENTNigeriaWestern Africa
Ikeja Hotels’ Profit Soars 247% as Occupancy Rates Surge
Ikeja Hotels Plc, one of Nigeria’s top hospitality companies, has reported a remarkable 247% increase in after-tax profit, reaching ₦7.2 billion for the year ending December 31, 2024, up from …
-
BusinessEntrepreneurshipFashion & StyleFinance & ServicesSouth Africa
Pepkor sales growth slows down due to the hit from KZN floods and unrest
Pepkor, which owns brands such as PEP and Ackermans, managed to deliver a double-digit earnings increase even as the effects of the July 2021 unrest and KwaZulu-Natal flooding hit the …