05
FebStock market extends gains, closes by 0.15% higher
The Nigerian stock market on Tuesday extended the bullish trend as the All Share Index grew by 0.15% to close at 104,788.35 points from the previous close of 104,630.30 points. The Market Capitalisation appreciated by 0.15% to close at N64.890 trillion from the previous close of N64.792 trillion, thereby adding […]
30
JanFCMB Group reports N794.8bn gross earnings in Q4 2024, grows profit by 16.05%
The Unaudited Financial Statement of FCMB Group Plc for the year ended 31 December 2024 revealed that the Company achieved double digit growth in its top line and bottom line figures, year on year. The Group reported Gross Earnings of N794.8 billion for the 12 months period, up by 53.93%[…]
30
JanGeregu Power declares N27.43 billion as profit in 12 months
Geregu Power Plc on Wednesday published its Financial Statement for the year ended 31 December 2024. The Company reported revenue of N137.13 billion for the 12 months period, up by 65.39% from N82.91 billion reported the previous year. Profit after tax grew year on year by 70.74% to N27.43 billion[…]
30
JanCadbury Nigeria Plc Reports N10.43 Billion Loss for FY 2024
Cadbury Nigeria Plc has declared a loss after tax of N10.43 billion for the 12-month period ended December 31, 2024, despite a significant increase in revenue. Key Financial Highlights: Analysis & Outlook: While Cadbury Nigeria saw substantial revenue growth, persistent losses highlight ongoing cost pressures, operational challenges, and possibly macroeconomic[…]
