30 results
- 26 Oct 2009
Zenith Bank Profit After Tax Declines
Zenith Bank Plc has recorded a profit after tax of N16.39 billion at the end of its fourth quarter result, ended September 30, 2009. The figure showed a drop of N18.62 billion or 53.18 per cent when…
- 31 Jul 2025
FCMB Group Delivers Strong H1 2025 Results with ₦79.3bn Profit Before Tax
FCMB Group Plc posted an impressive ₦79.3 billion profit before tax for the first half of 2025, reflecting a 23% year-on-year increase, fueled by a significant surge in net interest income and…
- 1 Apr 2025
Fidelity Bank Reports N385.2Bn Pre-Tax Profit for 2024
Fidelity Bank Plc has reported a pre-tax profit of N385.2 billion for 2024, representing a 210 per cent growth compared to the N124.3 billion recorded in 2023. Dr Nneka Onyeali-Ikpe, managing…
- 17 Apr 2024
Fidelity Bank Reports N124.3Bn Pre-Tax Profit for 2023
Fidelity Bank Plc has recorded a profit before tax of N124.3 billion for the year ended December 31, 2023, indicating a 131.5 per cent increase from N53.7 billion posted in the 2022 financial year.…
- 27 Feb 2026
MTN Nigeria Posts Record N1.70 Trillion Pre‑Tax Profit, Declares N20 Dividend for 2025
MTN Nigeria Communications Plc has recorded a landmark turnaround in 2025, posting a pre‑tax profit of N1.70 trillion, reversing a loss of N550.3 billion in 2024 as the company emerged from a rough…
- 14 Apr 2026
Ecobank Delivers Strong Results, Posts $801m in Pre-Tax Profit for 2025
Ecobank Transnational Incorporated delivered one of its strongest performances in years in 2025, posting $801 million in pre-tax profit, up 21% from a year earlier, alongside net revenue of $2.45…
- 3 Feb 2022
FIRS to Tax Profits from Bonds, Securities
Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in bonds and short-term government securities by companies which would now be categorised as…
- 18 Mar 2022
Crypto-trading Scam Demands Thousands of Dollars in Fake “Profit Tax” to Unlock Victims’ Accounts, Sophos Finds
Sophos, a global leader in next-generation cybersecurity, has released new insight into an international cryptocurrency trading scam called CryptoRom that targets iPhone and Android users through…
- 2 May 2024
Odu’a Investment Declares N1.961Bn as Profit Before Tax
Odu’a Investment Company Limited at it’s Annual General Meeting (AGM) held yesterday in Lagos declared N1.961billion as profit before tax. The General Meeting approved, among other resolutions, the…
- 28 Mar 2017
UBA Grows Profit Before Tax by 32%, Declares 55kobo Dividend
United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in…
- 28 Jun 2020
Jaiz Bank Posts N636.7M Q1 Profit Before Tax
Despite the COVID-19 headwinds, non-interest (Islamic) bank, Jaiz Bank Plc, has posted a Profit Before Tax growth of 33.63 per cent in the first quarter of 2020, translating to N636.7 million, when…
- 23 Feb 2020
Zenith Bank Profit after Tax Hit N208.8Bn In 2019
Zenith bank is reportedly the first Nigerian bank whose profit has crossed N200billion mark. In a clear show of its resilience and market leadership, the bank announced an impressive result for the…
- 31 Oct 2025
UBA Reports N538Bn Profit After Tax in Q3 2025, Strengthens Balance Sheet
Following its recently released half-year financials, Africa’s Global Bank – United Bank for Africa (UBA) Plc, has announced its audited results for the third quarter ended September 30, 2025, where…
- 4 Nov 2013
Ecobank Transnational Records $299m Pre-tax Profit
Ecobank Transnational Incorporated, a Pan African bank, has recorded strong performance for the first nine months of 2013 with its pre- tax nine month rising to $299 million, representing a 56…
- 6 Mar 2015
GTBank Declares Profit Before Tax of N116.39Bn for 2014
Guaranty Trust Bank plc, foremost African Banking Group, has released its audited financial results for the year ended December 2014 to the Nigerian and London Stock Exchanges. A review of the…
- 13 Oct 2025
Transcorp Power Posts N91.2bn Profit Before Tax as Revenue Surges 38% in Q3 2025
Transcorp Power Plc, a leading power generation company and subsidiary of Transnational Corporation Plc (Transcorp Group), has announced its unaudited financial results for the third quarter ended 30…
- 26 May 2020
CWG Plc Records Profit Before Tax of N634M in 2019 Financial Year
CWG Plc, the Pan-African Information and Communications Technology Company and Nigeria’s largest system integration company has released its audited full-year financial statement for the period ended…
- 27 Apr 2022
GTCO Plc Releases Q1 2022 Unaudited Results, Reports ₦54.3b Profit Before Tax
Guaranty Trust Holding Company Plc has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock…
- 20 Jan 2016
MTN Nigeria Eyes $955m FY Profit
South African telecoms group MTN said yesterday its Nigerian business is likely to report about $955 million in annual profit after tax. "Profit after tax figure for MTN Nigeria for the period ended…
- 18 May 2020
Airtel Africa Reports $598m Profit
Airtel Africa Plc has posted a profit before tax of $598 million for the financial year ended March 31, 2020, an increase of 77.2 per cent on $348 million in 2019. Profit after tax stood at $408…
- 13 Dec 2023
Wema Bank Commences N39.95bn Rights Issue
Wema Bank Plc has commenced its rights issue to raise about N39.95 billion from its existing shareholders. According to information released to the media, subscription for the rights issue commenced…
- 17 Apr 2018
Sterling Bank Records N8.5bn Profit in 2017
Sterling Bank Plc yesterday reported a profit after tax of N8.5 billion for the financial year ended Dec. 31, 2017. The profit after tax was higher by 65 per cent when compared to N5.2 billion…
- 4 Jun 2023
Unity Bank Grows Gross Earnings to N57Billion in 2022FY, Builds Momentum as Profit Grows by 21% in Q1/2023
Unity Bank Plc, Nigeria’s retail lender has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from…
- 18 Aug 2008
Zenith Bank Profit Hits N50Bn
Zenith Bank Plc has declared a profit before tax of N50.28 billion for the financial year ended June 30, 2008, showing an impressive 96 per cent jump over the N25.67 billion recorded last year. The…
- 16 Oct 2018
UBA Gross Earnings Hit N375Bn, with Group Profit of N79Bn
United Bank for Africa Plc, the pan African financial institution with presence in 20 African countries has announced its unaudited 2018 Third Quarter Financial Results, with impressive growth in…
- 31 Jul 2022
MTN Rakes in N947Bn Revenue as PAT Grows 28% to N181.6Bn
MTN Nigeria has recorded a 28.1 per cent rise in profit after tax (PAT) to N181.6 billion in the first half of the year, with profit before tax (PBT) up by 24.9 per cent to N268.6 billion and…
- 28 Feb 2021
MTN Releases Result of Financial Year Ended 31 December 2020 with N298.9 Billion PBT, Up by 2.6%
MTN Nigeria on Sunday released its audited results for the financial year ended 31 December 2020, with Profit before tax (PBT) growing by 2.6% to N298.9 billion, active data users increased by 7.4…
- 29 Nov 2020
FG Rakes in ₦416.01Bn from CIT in Q3 of 2020
National Bureau of Statistics (NBS) revealed that Nigeria in the third quarter of 2020 (Q3 2020) generated ₦416.01 billion from Company Income Tax (CIT). CIT is a tax on the profits of incorporated…
- 16 Jul 2024
Adaora Umeoji Eyes over N1 Trillion in Zenith Bank Profit in 2024
Dr Adaora Umeoji, group managing director/chief executive officer, Zenith Bank, has said that the bank is on track to surpass N1tn in profit at the end of the financial year 2024. Umeoji, who assumed…
- 11 Jun 2021
CBN Debunks Report on Planned Nationalisation of Unity Bank
The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by an online news medium. Reacting to the report, Osita Nwanisobi, Acting Director, Corporate…