August 4, 2025

financial performance

General

Nigerian Breweries Maintains Profitability with N43.87 Billion Pre-Tax Earnings in Q2 2025

Despite persistent economic headwinds and rising production costs, Nigerian Breweries Plc has demonstrated resilience in its financial performance, posting a pre-tax profit of N43.865 billion for the second quarter of 2025. This sustained profitability underscores the company’s ability to navigate Nigeria’s challenging macroeconomic environment while holding firm to its leadership position in the beverage industry.

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Business

Wema Bank Shareholders Applaud Record-Breaking Financial Performance at 2024 AGM

LAGOS — Shareholders of Wema Bank Plc have lauded the financial institution’s impressive performance during its 2024 Annual General Meeting (AGM), following the release of its best-ever financial results. At the AGM held virtually in Lagos, the bank presented its audited 2024 financial report, which showed significant growth across all key performance indicators. Gross earnings

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