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Jennete Ugo Anya
- April 22, 2025
Nigerian Breweries Posts N44.6bn Profit In Q1 2025
Nigerian Breweries Plc has bounced back to profitability with a net profit of N44.6 billion in Q1 2025, marking a dramatic turnaround from a N52.1 billion loss in the same period last year. The result highlights a resurgence for Nigeria’s largest brewer, following two years of FX-related losses that strained its bottom line. The unaudited […]
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- April 15, 2025
NGX Group Declares N2 Dividend
Nigerian Exchange Group Plc (NGX Group) has declared a final dividend of N2.00 per share, following the approval of its audited financial statements for the fiscal year ended December 31, 2024. The announcement was made during its 64th Annual General Meeting (AGM), reinforcing investor confidence in the group’s robust financial performance and strategic direction. NGX […]
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- April 15, 2025
Geregu Power Reports N13bn Profit In Q1 2025, Wins Corporate Compliance Award
Geregu Power Plc has reported a pre-tax profit of N13.01 billion for the first quarter ended March 31, 2025, representing a 40.57 percent drop compared to N21.9 billion in the same period last year. The company’s revenue also declined sharply by 37.02 percent to N31.7 billion, down from N50.4 billion in Q1 2024. Despite the […]
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- February 3, 2025
Conoil Reports 12.45% Rise In Pre-Tax Profit In 2024
Conoil Plc has reported a solid performance in 2024, with pre-tax profit rising by 12.45 percent to N13.806 billion, supported by a 60.45 percent surge in revenue to N323.123 billion. The growth was primarily driven by the company’s white products, which contributed 96 percent of total revenue and grew by 62.42 percent year-over-year (YoY). However, […]
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- February 3, 2025
MRS Oil Nigeria’s FY 2024 Soars By 71.26% In Revenue
MRS Oil Nigeria Plc has reported a strong financial performance in financial year (FY) 2024, marked by a 71.26 percent surge in revenue to N312.2 billion, driven primarily by robust sales of premium motor spirit (PMS), which accounted for 87.1 percent of total revenue. Despite a significant 72.32 percent increase in the cost of sales […]
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