Company Report

  • Ayodele Abioye

    BUA Foods reports 101% profit growth to N276.1bn in H1 2025

    By Kunle Sanni BUA Foods Plc, has announced a 101per cent year-on-year growth in Profit Before Tax (PBT) to N276.1 billion for the Half-year (H1) ended June 30, 2025. The company in its unaudited financial results filed with the Nigerian Exchange Limited (NGX) declared a revenue growth of 36per cent to N912.5 billion, driven by strong performance across all product…

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  • Cadbury

    Cadbury Nigeria generates N5.9bn profit in Q2 2025

    Cadbury Nigeria Plc has bounced back in the second quarter (Q2) of 2025 with a profit before tax of N5.9 billion, a sharp turnaround from the N3.4 billion loss recorded in the same period last year. This recovery pushed the half-year profit to N14.5 billion, compared to a loss of N13.8 billion in the first half of 2024, driven by…

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  • IMG 20250730 WA0023

    Nestlé Nigeria migrates from N252.2bn loss in H1 2025 to N88.39bn PBT

    Nestlé Nigeria Plc has reported a notable increase in profitable growth and a substantial growth in its operating and financial performance for half year (H1) ended June 30, 2025. The company achieved a profit before tax of N88.4 billion in H1 2025, marking a significant turn-around from a loss of -N252.2 billion in H1 2024. The Fast Moving Consumer Goods…

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  • GCEO Owen Omogiafo

    Transcorp Group declares N279.7bn revenue in H1 2025

     Transnational Corporation Plc, on Tuesday announced its half year (H1) ended Jun 30, 2025 unaudited results, showing impressive year-on-year growth. The group in the period under review announced N279.7 billion revenue, about 59per cent increase over N175.4billion in corresponding period, while profit before tax moved from N70.9 billion in H1 2024, to N85.7billion in H1 2025- about 21 per cent…

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  • IMG 20250728 WA0032

    Transcorp Power posts N205.8bn revenue, rewards shareholders with N11.25bn interim dividend

    Transcorp Power Plc has announced its unaudited financial results for the half-year (H1) ended 30 June 2025, posting a 52per cent year-on-year revenue to N205.8 billion, against N135.4 billion declared in half-year ended June 30, 2024. The H1 2025 performance was driven by enhanced generation capacity and improved operational efficiency, a reflection of Transcorp Power’s continued investment in infrastructure and…

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  • AltWalk4ZeroPlastic Media Photo

    The Alternative Bank leads 300-strong march to combat plastic pollution in Lagos

    Demonstrating its commitment to environmental sustainability, The Alternative Bank, alongside the Sterling Sustainability Working Group, organised the Walk4ZeroPlastic march on Saturday, engaging over 300 volunteers in the battle against plastic pollution. The walk, which climaxed at the Tejuosho market in Lagos, saw the recovery of several tonnes of waste while fostering meaningful conversations about sustainable waste disposal and long-term environmental…

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  • IMG 20250727 175305 400 x 280 pixel

    FAAN partners Dubai-based ATOM to enhance aviation training standards

    The Federal Airports Authority of Nigeria (FAAN) has signed a landmark Memorandum of Understanding (MoU) with ATOM Training Services, a renowned aviation training institute based in Dubai, United Arab Emirates. The deal is part of efforts to enhance the skills and capacity of FAAN’s workforce. The MoU was signed on July 22, 2025, in Dubai by Dr. Luqman Emiola Olatunbosun,…

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  • gn

    Guinness Nigeria grows revenue by 65.8% to N496.6bn in 2025

    Guinness Nigeria, in its unaudited financial results for the 12 months ended June 30, 2025, reported 65.8 per cent increase in its revenue to N496.6 billion, up from N299.5 billion in the previous year. Its Gross profit also grew by 62.2 per cent to N148.3 billion, while operating profit rose by 86.6 per cent to N47.4 billion even as it…

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  • Screenshot 27 7 2025 172656 www.bing .com

    H1 2025: BUA Cement declares 435.3% increase in profit to N214.8bn

    BUA Cement Plc has declared 435.3 per cent increase in its profit before tax in half year (H1) ended June 30, 2025, to N214.8 billion as against N40.13billion declared in half year (H1) ended June 30, 2024.  From the profit & loss figures, the cement maker posted N428.1 per cent growth in prrofit after tax to N180.9 billion in H1…

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    PHOTO NEWS: NCAA sensitizes Abuja air travellers on first need compensation rights

    The Nigeria Civil Aviation Authority (NCAA) on Friday carried out a sensitization exercise at the Nnamdi Azikiwe International Airport, Abuja, to educate air travellers on their rights to First Need Compensation as provided under Part 19 of the NCAA Regulations. The campaign was led by the Director of Public Affairs and Consumer Protection, Mr. Michael Achimugu, who was accompanied by…

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