MTN Nigeria profit jumps 45.5%, revenue hits N1.65tn
MTN Nigeria Communication Plc has reported a profit after tax of N298.7 billion for the 2021 financial year, up 45.5 percent from N205.2 billion in 2020.
The telecommunications company…
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Financial results
Transcorp’s 9-month profit rises by 672.1% as nuclear energy assets gain momentum
Transcorp, a diversified conglomerate with a presence in the Power, Oil & Gas, and Hospitality sectors, on Tuesday, announced its third-quarter 2021 financial result, which shows a 672.1…
Low rental income slows UPDC REIT’s 9-month profit by 22%
UPDC Real Estate Investment Trust (UPDC REIT), a close-ended property fund, has reported its lowest nine-month profit in five years in the period ended September 2021.
The fund with…
Jumia rides on new growth strategy to post record-high orders in Q3
Africa’s e-commerce giant, Jumia has reported its highest third-quarter orders on record in the period ended September 30 2021, as analyzed from its financial results.
According to the…
MRS Oil records first 9-month profit in 3years on income surge
Nigerian oil marketing company, MRS Oil has reported its first profit in three years in the nine months to September 2021, according to its financial results.
The downstream oil marketing…