Why Big Sales Don’t Always Mean Big Profits
Revenue and profit are two of the most important figures in any business, but they do not mean the same ...
Tag: Profit
NNPC Records ₦535bn Profit in June Despite Slight Drop in Oil Production
The Nigerian National Petroleum Company Limited (NNPC) reported a strong financial performance in June 2026, posting a profit after tax ...
Dangote Cement Records ₦2.5 Trillion Revenue as Strong Sales Drive Profit Growth
Dangote Cement Plc has reported an impressive financial performance for the first half of 2026, posting a revenue of ₦2.514 ...
Oando Posts N204.8bn Profit, Increases Oil Production by 32% in Strong 2025 Performance
Oando Plc has reported a strong financial performance for the 2025 financial year, recording a Profit After Tax of N204.8 billion and ...
FCMB Shareholders Approve Board Resolutions as Group Posts Record Profit Growth
FCMB Group Plc has received overwhelming support from its shareholders after they approved all resolutions presented at the company’s Annual ...
NNPC Posts N276 Billion Profit in March
The Nigerian National Petroleum Company Limited has reported a profit after tax of N276 billion for March 2026, a significant ...
Oando Plc Sees 10% Profit Growth in 2025
Oando Plc, led by Wale Tinubu, has reported a 10% increase in profit after tax, reaching N241.8 billion in 2025, ...
May & Baker Nigeria Returns to Profit, Danjuma Family Maintains Control
May & Baker Nigeria Plc has swung back to profit in the final quarter of 2025, with revenue rising to ...
South African Billionaire Koos Bekker Sees $200 Million Wealth Drop Amid Market Fluctuations
South African billionaire Koos Bekker's net worth has taken a hit, falling by $200 million due to a decline in ...
Geregu Power Posts $30m Profit Under Yari
Geregu Power Plc, a leading Nigerian electricity generator, has reported a pre-tax profit of N41.98 billion ($29.53 million) for the ...
