MTN Nigeria’s revenue hits N3.36 trillion in FY 2024, declares N400bn loss after tax
The Audited Financial Statements of MTN Nigeria Communication Plc for the year ended 31 December 2024 shall revealed the Company incurred loss after tax of N400 billion for the 12 months period. The telecom giant reported revenue of N3.358 trillion for the 12 months period, up by 36.03 % from […]
Lafarge Africa Plc declares N1.20 dividend to shareholders as profit rises by 95.82%
Lafarge Africa Plc (WAPCO) has declared a final dividend of N1.20 to its shareholders for the year ended 31 December 2024. The Cement Manufacturer reported revenue of N696.758 billion for the 12 months period, up by 71.38% from N405.503 billion reported the previous year. Profit after tax grew year on[…]
Nestle Nigeria Plc declares N164.6bn loss for 2024 financial year
Nestle Nigeria Plc has reported a loss after tax of N164.595 billion for the year ended 31 December 2024. The Company reported revenue of N958.815 billion for the 12 months period, up by 75.25% from N547.119 billion reported the previous year. Loss after tax of N164.595 billion was reported for[…]
Federal Government of Nigeria Lists New and Supplementary Bonds on NGX
The Federal Government of Nigeria has expanded its presence on the Nigerian Exchange Limited (NGX) by listing a new bond and supplementary issues of existing bonds. New Listing: Supplementary Listings: This listing activity provides investors with increased opportunities to participate in the Nigerian debt market. Source: Fundvine / Stockwatch