Monday, March 30, 2026
MTN recovers from Covid-19 aftermath to post 15% revenue growth to N1.35trn Â
By Charles Abuede Giant telco fires on all cylinders Reports: 14.7% rise in service revenue; 6% rise in PBT...
Read moreDetailsDangote Sugar hits sweet spot with 33% y/y revenue growth to N214.3bn
Gross profit rose 40.4% y/y to N53.7bn despite a covid-19 disrupted economy Charles Abuede Dangote Sugar Refinery (DSR) Plc,...
Read moreDetailsPandemic pressures put chill on Seplat numbers as FY20 revenues tumble 10.8% y/y to N190.9bn
Gross profit toppled 63.1% y/y from N121.5bn to N44.8bn in 2020 due to lower oil prices, higher non-production costs 2021...
Read moreDetailsMTN recovers from Covid-19 aftermath to post 15% revenue growth to N1.35trn Â
By Charles Abuede Giant telco fires on all cylinders Reports: 14.7% rise in service revenue; 6% rise in PBT...
Read moreDetailsPandemic takes good slice off Nestle Nigeria as profit down 14% to N39.21bn
By Charles Abuede Full-year revenue up 1%y/y to N287.08bn from N284.04bn PBT dips 15% y/y to N60.64 from N71.12bn ...
Read moreDetailsUnilever Nigeria to complete tea business separation by end of 2021
By Charles Abuede Separation in line with global plan by parent firm Says separation will help it assess full...
Read moreDetailsShare illiquidity forcing Ellah Lakes’ majority owners to sell down 25%
By Charles Abuede Ellah Lakes’ major shareholders are to sell down 25 per cent of the shares they...
Read moreDetailsJumia’s road to profitability steady as gross profit rises 22% to €92.8m in FY20
By Charles Abuede Gross profit increased by 12% y/y Adjusted EBITDA loss decreased by 47% y/y Nigeria and Africa’s...
Read moreDetailsUnited Capital posts strong numbers as earnings rise 50% to N12.87bn in 2020
By Charles Abuede Net Operating Income: N12.49bn in 2020; N7.90bn in 2019 Operating expenses: N4.93bn in 2020; N3.64bn in 2019...
Read moreDetailsDangote denounces fraudulent recruitment, empowerment scheme
By Onome Amuge Nigerian multinational industrial conglomerate, Dangote Industries Limited, has disclaimed reports of a fraudulent recruitment exercise scheme...
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