12 results for “Earnings”
MTN Nigeria's half-year revenue approached N3 trillion as data sales and a wider subscriber base drove profit sharply higher, reinforcing the telecoms sector's role as a pillar of the consumer economy.
Five leading Nigerian financial institutions reported a combined pre-tax profit of about N2.29 trillion in the first half of 2026, cementing banking's dominance of corporate earnings.
Turnover on the Nigerian Exchange rose to N158.29 billion in the first full trading week of October as investors repositioned ahead of third-quarter earnings.
JPMorgan missed expectations as Goldman Sachs and Citigroup posted strong results in a mixed opening to the US bank earnings season.
The lender reported N637.6 billion in profit before tax for the six months to June, while after-tax earnings fell and the board proposed a N1.50-per-share interim payout.
Higher retained earnings have lifted buffers, giving lenders room for loan growth.
Exchange-rate stability is now the swing factor in the earnings of almost every large listed company.
Volume growth is holding up, but profitability is being squeezed from both directions.
Softer crude prices and maintenance downtime are expected to weigh on results.
The group paired a 16.2 percent profit increase with faster deposit growth and a lower cost-to-income ratio in its 2025 accounts.
Customer deposits expanded and the capital ratio remained strong, but the 2025 accounts showed that balance-sheet growth did not produce higher gross revenue.
Shareholders approved a final 70-kobo payment, taking the full-year distribution to N1 per share after an interim dividend.