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Jennete Ugo Anya
- April 2, 2025
Unilever Nigeria Reports N149.5bn Revenue In 2024
Unilever Nigeria Plc has recorded a strong financial performance for the year ending December 31, 2024, reporting N149.5 billion in revenue, a 43.94 percent increase from the N103.8 billion recorded in the previous year. The company’s growth was largely driven by domestic sales, which contributed N145.6 billion, while exports accounted for N3.8 billion. The company’s […]
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- April 2, 2025
UAC Announces N25bn As Profit -before tax
UAC of Nigeria Plc has staged a remarkable comeback, reporting a profit before tax of ₦25.5 billion for the year ended December 31, 2024. This represents a 107% increase from the previous year, marking a significant milestone in the company’s transformation journey. Just six years ago, UAC was struggling with declining revenues, operational inefficiencies, and […]
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- March 31, 2025
GTCo’s HabariPay Posts N3.8bn Profit In 2024
HabariPay, the fintech arm of Guaranty Trust Holding Co Plc (GTCo), reported a profit after tax of N3.8 billion in 2024, marking an 81 percent increase from the N2.1 billion recorded in the previous year. This remarkable growth reflects the rising momentum of GTCo’s fintech ambitions, as the company continues to carve out a strong […]
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- March 31, 2025
Wema Bank Reports N102bn Profit In 2024
Wema Bank Plc has recorded its strongest financial performance in five years, reporting a 141 percent surge in pre-tax profit to N102.5 billion for the financial year ending December 31, 2024. The bank’s gross earnings climbed to N433.43 billion, reflecting its ability to capitalise on rising interest rates and expand its asset base through strategic […]
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- March 31, 2025
eTranzact Announces N4.8bn Full-year profit For 2024, Declares Dividend
eTranzact International Plc has reported a pre-tax profit of ₦4.8 billion for the financial year ending December 31, 2024, reflecting an impressive 53.2 percent growth compared to the ₦3.1 billion recorded in 2023. This surge in profitability comes despite an 11.82 percent decline in revenue, which fell from ₦33.9 billion to ₦29.8 billion, largely due […]
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- March 31, 2025
Fidelity Bank Reports N385bn Pre-Tax Profit In 2024
Fidelity Bank Plc has reported a record-breaking pre-tax profit of N385.215 billion for the 2024 financial year, marking an extraordinary 210.01 percent year-on-year (YoY) growth. The latest audited financial statement, released on March 31, 2025, highlights the bank’s ability to sustain impressive earnings momentum, strengthen its asset base, and reward shareholders despite macroeconomic headwinds. The […]
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