VFD Group Plc, a Nigerian proprietary investment company listed on the Nigerian Exchange (NGX), reported a pre-tax profit of N4.1 billion for the first quarter of 2025, as detailed in its unaudited financial results. This marks a 34.9% increase from the N3.04 billion pre-tax profit recorded in Q1 2024. The growth was driven by strong … Read more
UBA’s Pre-Tax Profit Soars 30.65% to N204.27 Billion in Q1 2025, Bolstered by Interest Income Surge Lagos, Nigeria – April 23, 2025 United Bank for Africa (UBA) Plc, one of Nigeria’s leading Tier-1 banks, announced a robust 30.65% year-on-year increase in pre-tax profit, reaching N204.27 billion for the first quarter of 2025, up from N156.34 … Read more
Stanbic IBTC Reports N303.796 Billion Pre-Tax Profit for 2024 March 29, 2025 Lagos, Nigeria – Stanbic IBTC, one of Nigeria’s leading financial institutions, has reported an impressive pre-tax profit of N303.796 billion for the 2024 financial year, marking a significant milestone in the company’s growth and resilience amidst the challenging economic landscape. This figure represents … Read more