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…

Rising operating costs have erased the gains from Ellah Lakes’ higher sales in the first half of 2026, underscoring the steep financial pressures of its ongoing expansion. The company’s preliminary financial report for the first half of…

Honeywell Flour Mills Plc reported a robust 165 per cent surge in first-quarter earnings, reaching ₦6.95 billion, driven by strong sales growth and a significant boost in finance income. The flour milling company’s latest results rekindle…

The negative equity position of Oando Plc worsened in 2025, with the company’s equity deficit widening from N361 billion the previous year to approximately N567 billion at year-end. Despite some progress in reducing retained losses and…

The benefits of UAC of Nigeria’s acquisition of C.H.I. Limited last year are already becoming evident, as the conglomerate’s group profit more than quadrupled year-on-year to N13.6 billion at the close of the first quarter of 2026.…

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…

Dangote Cement’s Pan-African subsidiaries, operating across nine African countries, are back in the red after breaking the streak of many years of losses in 2025.  Accumulated losses have rendered the subsidiaries technically insolvent, as…

Major Nigerian companies are progressively regaining profitability, characterised by strong earnings growth in Q1 2026. Seventy per cent of firms reported year-on-year earnings growth, signalling the early stages of a corporate earnings…

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…