Earnings

C&I Leasing reports 18% growth in half-year profit after tax

C&I Leasing announced on Tuesday that it grew half year profit after tax in 2018 by 18 percent to N682.2…

Nigerian Breweries sees half year revenues drop 5%, signposting what’s ahead on likely impact of new excise duty regime

Local brewing giant, Nigerian Breweries, has given the first hint yet of the possible impact on the performance of companies…

Nigera’s hospitality firm, Transcorp Hotels, grows first half post tax profit by 83% to N1.38bn

Nigeria's hospitality firm, Transcorp Hotels, recorded a jump in profit after tax of 83 percent to N1.38 billion in the…

Dangote Cement grows H1 2018 revenue by 16.9% as shares spike

Dangote Cement, Africa's largest cement producer released its half year financial results Friday showing a revenue growth of 16.9 percent…

Nokia sales drop 8% in Q1 2018 as market gears up for 5G

Nokia suffered a “challenging Q1” as lower income from North America resulted in a hit to earnings, but Rajeev Suri,…

Lafarge Africa post Q1 result, record loss after tax of N2bn

By Oluwaseun Afolabi Lafarge Africa Plc, a sub-Saharan African building materials company, on Monday, announced a loss after tax of…