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Solid topline growth and reduced FX exposure boost Lafarge Africa Plc...

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...H1-24 revenue increased by 49.5% y/y (cement +49.6% y/y | aggregates +47.3% y/y | other products +79.6% y/y). ...OPEX (ex-depreciation) increased by 28.6% y/y, largely...

OKOMU OIL declares interim dividend of N8.00 per 50kobo ordinary share...

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...On a q/q basis, revenue declined by 27.5% ...EBIT margin fell by 10.03ppts y/y to 18.0% (H1-24: -793bps y/y to 40.7%), further compounded by a...

Oando PLC reports profit after tax of N74.7 billion in 2023,...

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SAT JUNE 01 2024-theGBJournal| Oando PLC's profit rose sharply in FYE 2023 on higher trading volumes, strategic global partnerships and net foreign exchange gains...

ECOBANK reports $69 million profit in Q1-2024

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...29.5%, Cost-to-income: 53.8%, Loans-to-deposits: 53.7%, and Total CAR: 14.3% ...Stable credit quality with NPL ratio at 7.0% and cost-of-risk at 262 basis points. ...Results reflect the...

Zenith Bank Plc posts 125.4% y/y growth in gross earnings in...

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TUE APRIL 09 2024-theGBJournal| Zenith Bank Plc (ZENITHBANK) recorded a 125.4% y/y growth in gross earnings in 2023FY, while profit-after-tax settled 202.3% higher y/y,...

FBN Holdings Plc profitability climbs substantially by 129.4% y/y to N362.24...

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...PBT expanded by a substantial 129.4% y/y to N362.24 billion and PAT settling 127.4% y/y higher at N310.01 billion ...The diversified financial services group reported...

Stanbic IBTC Holdings reports highest increase over the past five years...

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...In Q4 23 alone, the group saw 44.0% y/y growth in Pre-tax profits and a 29.1% y/y increase in Net profits to N30.67bn ...The Net...

FBN Holdings Plc reports solid H1-23 results driven by sturdy non-core...

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FRI, JULY 21 2023-theGBJournal |FBN Holdings Plc (FBNH) late Thursday published its Unaudited Consolidated Financial Statements for the period ended June 30, 2023, reporting...

NGX Group reports 10.3% growth in gross earnings, targets foreign investment...

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SAT, JULY 15 2023-theGBJournal |Amid bullish sentiments seen in Nigeria’s stock market recently, the Board and Management of Nigerian Exchange Group Plc (NGX Group)...

Zenith bank Plc’s 2022FY earnings subdued by its Ghana subsidiary’s impairment...

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WED. 29 MARCH 2023-theGBJournal | ZENITHBANK Plc’s 2022FY performance came in below expectations as the group’s earnings were undermined by the impact of its Ghana subsidiary’s...