April 22, 2025/InvestmentOne Report Total revenue for Q1:2025 reached NGN383.64 billion, marking a substantial 68.91% increase over the NGN227.12 billion recorded in Q1:2024. This growth comes on the heels of Nigerian Breweries’ record-breaking NGN1,084.44 billion full-year 2024 revenue, which had grown by 80.85% from NGN599.64 billion in 2023. Despite this […]
Author: InvestAdvocate
First HoldCo Plc Earnings Report: Higher Gross Earnings Spur Profitability
April 22, 2025/InvestmentOne Report According to the FY:2024 financial report released by First HoldCo Plc, the bank delivered an EPS of NGN18.69, 117.58% YoY higher than what was recorded in FY:2023, reflecting a remarkable financial performance in the review period. This essentially stemmed from the substantial increase in top line, […]
Nigeria’s E-payment Transactions Surge to Historic N1.07 Quadrillion in 2024
April 22, 2025/CSL Research According to data from the Nigeria Inter-Bank Settlement System (NIBSS), electronic payment transactions in Nigeria reached a historic high of N1.07 quadrillion in 2024 — the first time the country has hit the quadrillion mark. In dollar terms, this amounts to approximately US$702.6 billion, based on […]
