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Jennete Ugo Anya
- April 9, 2025
VFD Group Reports N11.2bn Profit, Eyes Strategic Divestment
VFD Group Plc has reported a significant financial turnaround, posting a pre-tax profit of N11.2 billion for the full year ended December 31, 2024. This comes after the investment and proprietary trading firm recorded a pre-tax loss of N1 billion in 2023, signalling a strong recovery driven by a surge in investment income and improved […]
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- April 6, 2025
FCMB Reports N111.9bn Profit Before Tax In 2024
First City Monument Bank (FCMB) has reported a profit before tax of N111.9 billion for the financial year ended December 31, 2024, reflecting a 71 percent increase compared to the previous year. The bank’s performance was revealed in a corporate disclosure filed with the Nigerian Exchange Limited recently. The Group’s gross revenue rose to N794.4 […]
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- April 6, 2025
BUA Foods To Pay Final Dividend of N13.00 per Share
BUA Foods has declared a final dividend of N13.00 per ordinary share for the financial year ending December 31, 2024. The dividend, which is subject to regulatory approval and appropriate withholding tax, will be paid electronically to shareholders whose names appear in the Register of Members by the close of business on August 21, 2025. […]
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- April 6, 2025
United Capital Disburses N9bn Final Dividend
United Capital Plc, the Pan-African investment and financial services group, has approved a final dividend of N0.50 per share, amounting to N9 billion for the 2024 financial year. The payout, approved at the company’s Annual General Meeting held on Friday, April 4, 2025, will be credited to shareholders whose names appeared in the Register of […]
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- April 6, 2025
Okomu Oil Declares N26 Final Dividend
Okomu Oil Palm Company Plc has announced a final dividend of N26.00 per share for the financial year ended December 31, 2024, reinforcing its commitment to shareholder value creation. The dividend is payable to shareholders listed in the company’s register as of the close of business on April 24, 2025, with payment scheduled for May […]
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- 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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