NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
Policy group CEAR praises NNPC's historic N5.4 trillion profit, crediting CEO Bayo Ojulari's leadership for resetting standards in Nigeria's oil and gas sector. Discover the details.
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
Universal Insurance Plc reports N1.13bn post-tax profit for nine months ending September 2025, marking 388% growth. Driven by investment gains and premium growth. Read full analysis.
Sony increases full-year profit forecast by 8% to $6.8 billion, driven by Demon Slayer box office hit and strong PlayStation sales. Shares jump 5.7%.
Sony increases its full-year profit forecast to ¥1.05 trillion, driven by the global success of Demon Slayer anime and strong PlayStation sales. Discover how the entertainment giant is thriving.
First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.
British-Swedish pharmaceutical giant AstraZeneca reports massive profit jump with 19% revenue growth. Discover how emerging markets and cancer drugs drove this impressive performance.
Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
Sterling Financial Holdings Company reports explosive 127% profit growth, reaching ₦21.8 billion as assets surpass ₦2.1 trillion in latest financial results.
Discover the eye-opening revelations from financial analyst Feyi Fawehinmi about how Nigerian businesses prioritize profits over citizens' welfare and what entrepreneurs can learn from this troubling trend.
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
Chinese electric vehicle powerhouse BYD reports impressive 33% profit surge in Q3 2024, defying market slowdown and expanding global dominance with aggressive overseas strategy.
Shell records massive profit jump to $7.7 billion amid rising oil prices, signaling positive trends for Nigeria's oil-dependent economy and energy sector investments.
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
Despite Nigeria's tough economic climate, a leading insurance company reports impressive 15% premium growth, reaching N15.3 billion while maintaining strong profitability metrics.
Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.
Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.
Spanish banking giant Santander reports historic €11.1 billion profit for 2023, driven by strong European and American markets. See how this impacts global banking.
German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
German luxury automaker Mercedes-Benz reports massive profit decline amid Chinese market struggles and new European Union tariffs on electric vehicles.
Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.
Airtel Africa reports impressive 11% subscriber growth and $376 million profit, driven by massive data consumption increases across its African markets.
The Nigerian Exchange witnessed significant profit-taking activities this week, resulting in a staggering N91 billion decline in market capitalization amid mixed trading sessions.