Abbey Mortgage Bank’s EPS Surges 40% as Revenue Hits ₦12.37 Billion in 2024
Abbey Mortgage Bank Plc has reported a remarkable 58.24% year-on-year (YoY) increase in revenue, reaching ₦12.37 billion for the full year 2024. The strong financial results were also marked by…
Royal Exchange Returns to Profitability in 2024 Despite 27% Revenue Decline
Royal Exchange Plc has successfully rebounded to profitability in 2024, recording a Profit Before Tax (PBT) of ₦123.43 million, a 161% improvement from its ₦201.99 million loss in 2023. Similarly,…
Vitafoam Nigeria Plc Reports 51.2% Revenue Growth, EPS Surges 94% in Q1 2025
Vitafoam Nigeria Plc has posted an exceptional financial performance in Q1 2025, with revenue surging 51.2% YoY to ₦28.80 billion, while Earnings Per Share (EPS) jumped 94% to 221 kobo…
FCMB Group Reports 54% Revenue Growth, EPS Rises to ₦5.45 in 2024
FCMB Group Plc has posted an impressive 54% increase in gross earnings, reaching ₦794.81 billion for the full year 2024, driven by higher interest income, strong fee-based revenue, and trading…
Northern Nigeria Flour Mills Plc Reports 35.4% Revenue Growth, EPS Surges to 2,307 Kobo in Q3 2025
Northern Nigeria Flour Mills Plc (NNFM) has reported a robust 35.4% increase in revenue, reaching ₦29.56 billion for Q3 2025, despite a decline in sales volume. The company’s profitability soared,…
Caverton Offshore Reports 42.7% Revenue Growth Despite ₦50.53 Billion Loss in 2024
Caverton Offshore Support Group Plc delivered strong revenue growth of 42.7%, reaching ₦45.64 billion in 2024, driven by higher helicopter charter revenue and vessel time charter services. However, despite this…
MRS Oil Nigeria Plc Reports 71.3% Revenue Growth, EPS Soars to ₦18.99 in 2024
MRS Oil Nigeria Plc has reported exceptional revenue growth of 71.3%, reaching ₦312.23 billion in 2024, driven primarily by higher Premium Motor Spirit (PMS) sales and increased contributions from other…
Geregu Power Plc Reports 65% Revenue Growth, EPS Climbs to ₦10.97 in 2024
Geregu Power Plc has reported remarkable revenue growth of 65%, reaching ₦137.13 billion for the full year 2024, up from ₦82.91 billion in 2023. The company’s strong financial performance was…
Zenith Bank’s ₦162 Billion Public Offer Oversubscribed at 160.47%
Zenith Bank Plc has successfully concluded its ₦162.08 billion public offer, which was oversubscribed by 160.47%, highlighting strong investor confidence in the bank’s growth prospects. Initially, the offer was set…
Zenith Bank’s ₦188 Billion Rights Issue Fully Subscribed as Investors Show Strong Confidence
Zenith Bank Plc has successfully completed its ₦188 billion rights issue, raising fresh capital to strengthen its balance sheet and support future growth. The rights issue, which was fully subscribed…