Due to sustained sales losses from its pasta product line, Honeywell Flour Mills Plc's turnover plunged by N12.7 billion to N260.8 billion in 2026. In 2026, pasta sales plummeted by over 60 per cent from N89 billion in 2025 to N35.7…

UAC of Nigeria Plc is reaping the rewards of its acquisition of C.H.I. Limited, which has become the group’s key growth engine, driving a more than threefold surge in sales revenue to approximately ₦365 billion at the close of its half-year…

eTranzact International Plc reported lower earnings for the first half of 2026 despite recording strong revenue growth during the period. The company's unaudited financial results showed that eTranzact profit after tax declined by 19 per…

NAHCO cut personnel and administrative expenses by N1 billion in the first quarter to prevent a decline in profit, as revenue losses and rising service costs led to unexpected operational pressure. The company’s financial report for the…

Aradel Holdings Plc delivered exceptional financial performance in the first quarter of 2026, with revenue soaring 264.5 per cent year-on-year to N728.5 billion—already surpassing the company’s entire 2025 revenue of N699 billion. Gas…

Livestock Feeds Plc has returned to profitability after last year's losses, though a second consecutive year of declining sales revenue has raised concerns. The animal feed company's first-quarter profit surged 19-fold year-on-year to…

BUA Foods’ stable growth in sales revenue lost the track in the first quarter but the company’s management hammered costs to keep profit climbing.  While sales revenue closed almost 11 per cent down to N394 billion, the food producing…

Total Energies Plc saw its sales revenue drop in 2026 for the second year in a row, but smart cost-cutting measures helped the company rebound to profit after wrapping up 2025 with a significant loss. The energy company bounced back from…

Transcorp saw its turnover fall by around N19 billion in the first quarter, dropping from about N144 billion in the same period last year to N125 billion by the end of March 2026. Even so, the company’s management took steps to safeguard…

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…