earnings

United Capital has seen its profit after tax in the first quarter of 2025 grow by 64 per cent to 5.9 billion naira driven by the 113 per cent growth in gross earning. Net Operating Income saw a 188 per cent growth to 12.37 billion naira in Q1 2025. 

United Capital PAT up 64% to ₦5.9bn in Q1'25

Capitec Bank’s profit jumped to a record, and it announced a dividend payout that beat analysts’ estimates as transaction and commission income rose. 

Capitec FY HEPS climb 30%

Central Securities Clearing System has seen an 18.5 per cent rise in its profit after tax to 11.9 billion naira in the 2024 financial year as revenue surged by 37 per cent to 26.1-billion-naira.

CSCS profit after tax up 18.5% to ₦11.9bn in FY'24

Pharmacy group Clicks hiked its interim dividend more than 13 per cent after reporting strong margin and earnings growth, saying it has gained market share in its beauty and health categories. 

Clicks Group H1’25 revenue up 6.2%

Investment and insurance holding company,  PSG Financial Services reported a 24.7 per cent increase in recurring headline earnings per share and a return on equity of 26.6 per cent. 

PSG FY25 recurring HEPS up 24.7%

African Finance Corporation's revenue rose by 22.8 per cent, reaching 1.1 billion dollars. 

AFC reports record 22.8% increase in revenue to $1.1bn in FY'24

Pan-African multilateral financial institution, Afreximbank has posted a 28.7 per cent growth in its profit after tax to 973.5 million dollars in the 2024 financial year. Gross Income increased by 23 percent to 3.3 billion in FY’2024.

Afreximbank posts 28.7% PAT growth in FY'24 

AXA Mansard has reported a 116 per cent growth in its profit for 2024, driven by earnings from health insurance and revenue from savings. 

Axa Mansard profit up 116% to ₦25.9bn in FY'24

UAC of Nigeria revenue rose 63 per cent year-on-year to 197 billion naira in 2024 driven by sales growth recorded across core operating segments. 

UAC of Nigeria doubles operating profit for 2024 

CWG Group saw a 428.4 per cent year-on-year increase in profit after tax reaching 3.04 billion in the year 2024 with revenue hitting 46.3 billion naira in the period under review. 

CWG Group CEO speaks on growth plans

The Group Managing Director and Chief Executive Officer of Zenith Bank, Adaora Umeoji has attributed the bank's performance, to the execution of articulated strategies that's yielding results as the bank saw its gross earnings rise by 86 per cent. 

Umeoji: Articulated strategies driving performance

Ecobank Group has seen its Profits in 2024 rise by 16 per cent to 333 million dollars. Net revenue rose 18 per cent to 2.1 billion dollars at constant currency, driven by stable and recurring fee and commission income growth. 

Video: EARNINGS