Nestlé Nigeria Plc and Nascon Allied Industries Plc successfully translated modest revenue growth into substantially higher earnings in the first half of 2026, highlighting the increasing importance of cost discipline in Nigeria's consumer…

Guinness Nigeria Plc managed to ease ongoing operating pressure in the first quarter by making a significant cut in interest expenses, helping it to avoid a drop in profit. The company’s bottom line was set to decline, but a significant…

Foreign exchange losses of over N27 billion and finance expenses of N15 billion in the first quarter prevented BUA Foods Plc from launching an extraordinary year of profit delivery. Sales are accelerating from the high-speed growth of…

International Breweries incurred a further loss of nearly N5 billion in the third quarter, which pushed up the nine-month closing net loss to N28.6 billion. The finance costs of N6.8 billion on the company’s N320 billion debts, and the 288…

The Independent National Electoral Commission (INEC) says it will use devices to track campaign expenses of political parties for the 2019 general elections. The INEC Chairman, Prof. Mahmood Yakubu, who stated this, also warned incumbent…

Interest expenses on Champion Breweries’ balance sheet debts—now exceeding ₦37 billion—significantly pressured earnings at the end of H1 2026, consuming nearly 80 per cent of operating profit and sharply reducing pre-tax profit. This…

Oando Plc, the multinational energy company, remains stuck in a cost-income structure that leaves little room for the profits needed to repair its more than ₦530 billion equity shortfall. Despite robust revenue generation, costs have…

Skyway Aviation Handling Company (SAHCO) saw its profit plunge to ₦3.8 billion in half-year 2026, down from over ₦8 billion a year earlier, as two major cost lines—direct costs and administrative expenses—expanded far faster than revenue.…

Geregu Power Plc suffered a dramatic ₦69 billion revenue collapse at half-year 2026, with turnover plunging from ₦87.6 billion in the same period last year to just ₦18.7 billion. The sharp decline underscores the company’s operating…

Despite declining sales revenue in Q2 2026, BUA Foods Plc improved profits and expanded margins through aggressive cost-cutting, demonstrating disciplined management in a challenging environment. The food producer’s interim financial…