Tag: profit
NNPC’s profit after tax rises to N431bn in August
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it recorded a 54.5 per cent increase in Profit After Tax (PAT), rising from N279...
Chinese automakers are following Tesla’s bet that robots are the next...
The hype around humanoid robots isn’t particularly new. Thank Tesla CEO Elon Musk and his Optimus robot, as well as the myriad videos of...
VFD Group posts twofold jump in half-year profit amid higher investment...
Investment company VFD Group recorded a twofold increase in net profit for the first half of the year, supported by a significant improvement in...
Aradel’s half-year profit grows far less than revenue as galloping costs...
Aradel Holdings reported a dramatically higher turnover for January to June but saw no commensurate boost in earnings. Within the period, global oil drillers...
First HoldCo to pay 60% of annual profit as dividends
First HoldCo has shifted to a liberal dividend policy that seeks to distribute at least 60 per cent of its annual post-tax profit as...
FCMB Group posts 90% surge in half-year profit
FCMB Group deployed a mix of strategies, including top-line expansion and cost management, to deliver a 90.5 per cent increase in net profit for...
PZ Cussons’ annual profit quickens by 298% as asset disposal boosts...
PZ Cussons Nigeria attributed its robust profit growth for the year ended 31 May 2026 to proceeds from asset disposal rather than to its...
Aradel’s annual profit surges 192% as ND Western, Renaissance Africa’s acquisitions...
Energy company Aradel Holdings saw its net profit for 2025 increase by 192.3 per cent, compared to what it reported a year earlier, according...
FCMB Group’s annual profit hits record N177 billion
Mid-tier lender FCMB Group reported on Monday a 147.7 per cent lead in net profit to the highest level on record, supported by a...
