Guinness Nigeria Grows Revenue to N72bn in Six Months one of the leading beverage and alcohol companies in Nigeria and a subsidiary of Diageo Plc, has reported a growth of N72.351 billion for the half year ended December 31, 2020, showing an increase of 5.9 per cent compared with N68.327 billion in the corresponding of
Huawei Technologies announced recently that its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm’s first-ever quarterly results. The Shenzhen-based firm, the world’s biggest telecoms equipment maker, also added its net profit margin was around 8 percent for the quarter, which it said was slightly higher than the
Oando Plc, an indigenous energy group, announced that its profit after tax for the 2018 financial year rose by 46 per cent to N28.8bn compared to N19.8bn in 2017. It recorded the after-tax profit was primarily driven by higher revenue as well as income tax credits. The firm, while announcing its audited results for the
Fidelity Bank has announced an impressive financial result for the year-ended December 31, 2018.The performance, which capped a remarkable year, showed strong growth in gross earnings, profits and other key financial indicators. The top Nigerian lender, which reportedly leads tier two banks, posted a 4.8 per cent growth in gross earnings from N180.2 billion to
