FY 2024 was an outstanding year for NAHCO, despite a turbulent economy. Revenue rose by 88.5% from N28.3 billion in 2023 to N53.5 billion in 2024. Profit after tax increased by 132% from N5.5 billion in 2023 to N12.8 billion in 2024. The company has proposed a final dividend of N5.94 to be paid on…
Zenith Bank last week released its first quarter 2025 results. The bank made N949 billion in revenue (up 2.68% from the same period last year). Its about a N100 billion shy from joining a select group of firms that generate N1 trillion in revenue every quarter. The bulk of revenue came from interest income (more…
Fidelity bank, last week released its results for the first quarter ended March 2025. There was a huge bounce in revenue and profit after tax Gross earnings increased by 64.2% from N192 billion in 2024 to N315.4 billion in 2025. Profit after tax rose by 189.7% from N31.4 billion in 2024 to N91.1 billion in…