July 31, 2025/InvestmentOne Report TotalEnergies Marketing Nigeria Plc released its unaudited financial statements for the half year ended 30 June 2025, showing a significant deterioration in performance compared to the same period in 2024. The results reflect the combined impact of weaker fuel sales volumes, intense market competition, rising operating […]
Author: InvestAdvocate
MTN Nigeria H1 2025: Strong Profit Recovery Driven by Tariff Increases and Lower FX Losses
July 31, 2025/CSL Research Financial Highlights: Revenue +54.5% y/y to N2.38TN Direct Network Operating Costs +16.8% y/y to N685.31BN OPEX +21.6% y/y to N491.84BN EBITDA +119.5% y/y to N1.20TN Operating Profit +193.2% y/y to N892.82BN Pre-Tax Profit rose to N622.26BN from the N751.29BN Pre-Tax loss recorded in H1 2024 MTN […]
IMF Upgrades Nigeria’s Growth Outlook to 3.4% for FY2025
July 31, 2025/CSL Research The International Monetary Fund (IMF), in its July 2025 World Economic Outlook (WEO) titled “Global Economy: Tenuous Resilience amid Persistent Uncertainty,” has revised Nigeria’s economic growth forecast upward. The IMF now projects Nigeria’s GDP to grow by 3.4% in 2025 and 3.2% in 2026—an improvement of […]
