Revenue

The long awaited Q3 2024 financial report of FCMB Group Plc for the period ended 30, September 2024 was published on Tuesday. The result shows significant growth in the Company’s topline and bottom line figures, year on year. Gross Earnings of N587.773 billion was reported for the 9 months period, up by 67.2% from N351.532 billion reported […]

A recent report published by the National Bureau of Statistics on Internally Generated Revenue at State Level (2023) revealed that the 36 states and the FCT generated a total of N2.43 trillion as Internally Generated Revenue (IGR) in 2023. This represents a growth rate of 26.03 percent from N1.93 trillion recorded in 2022. Key highlights of the[…]

Zenith Bank Plc has reported a significant revenue growth of 118.17%, with gross earnings reaching N2.9 trillion in Q3 2024, up from N1.33 trillion in Q3 2023. The financial institution also achieved a profit after tax of N827.3 billion for the nine-month period, marking a 90.54% increase from the N434.17 billion reported the previous year. Earnings per[…]