ADE PHILLIP

BUA Cement Plc has beaten last year’s closing profit nearly two and a half times, with almost N181 billion at the end of half-year operations. This is already more than the profits of the two preceding years. A turnaround from huge…

Six months of trading in equities so far this year have been driven by improved earnings fundamentals from both the preceding full year and first-quarter interim results. Companies coming back to profit from unexpected foreign…

Losses are continuing for Dangote Sugar Refinery Plc for the third consecutive year in 2025, despite the easing of exchange losses that previously inflated its negative bottom line over the past two years. While most companies hurt by…

First Holdco Plc has lost a major revenue growth driver and profit-building income line, and the declining revenue and profit numbers of the financial group are likely to continue into the second quarter. Net gains from financial…

MTN Nigeria’s aggressive financial management strategy, which builds a business high-rise on a thin equity foundation, has failed the test of operating volatility. The communication company is structured to operate with tiny share capital,…

Nestlé Nigeria Plc is back to profitability after two years in the red, but shareholders aren’t to cheer yet, as cash dividend prospects remain farfetched. Lingering dividend holiday could stretch to four years. This is because the company…

Citibank Nigeria Limited operated a model of less ventured, more gained in 2024 in its asset and resource deployment strategy. The bank’s management reduced its already lean credit portfolio by 16.5 per cent to N225.7 billion in the year,…

With the path of earnings for insurance companies strewn with rising investment risk in 2025, actual earnings and returns may not meet expectations, turning performance negative for the risk underwriters. This is because dismal readings are…

Cadbury Nigeria Plc returned to profit in the first quarter, but the company is far from recovering from two years of huge losses.  After a N7.3 billion loss in the first quarter of last year, the beverages and confectioneries…