Global Community

Executive Summary Berger Paints Nigeria Plc delivered an impressive performance for the nine months ended 30 September 2025 , maintaining strong earnings momentum and demonstrating continued operational efficiency despite inflationary pressures and rising input costs. The Company reported a profit before tax (PBT) of ₦1.46 billion , up 373% year-on-year from ₦309.4 million in the same period of 2024, while profit after tax (PAT) surged 379% YoY to ₦968.0 million (vs.Read more

Executive Summary BUA Cement Plc delivered a remarkable financial performance for the nine months ended September 30, 2025, reflecting strong topline growth, impressive gross margin recovery, and a sharp rebound in profitability. Despite a challenging operating environment characterized by high inflation, energy cost pressures, and exchange rate volatility, BUA Cement’s strategic efficiency initiatives and operational resilience yielded robust earnings momentum.Read more

Executive Summary Wema Bank Plc delivered a robust performance for the nine months ended September 30, 2025, with strong revenue growth, expanded loan book, and improved profitability metrics. The Bank’s financial results reflect strong net interest income, effective cost management, and disciplined credit risk control.Read more

Executive Summary Guaranty Trust Holding Company Plc (GTCO or “the Group”) released its unaudited financial statements for the nine months ended 30 September 2025 , demonstrating sustained growth in core banking operations despite a high base effect from 2024’s exceptional FX revaluation gains. The Group reported a profit before tax (PBT) of ₦900.8 billion , representing a 26% year-on-year decline from ₦1.22 trillion in 2024, primarily reflecting the non-recurrence of last year’s outsized foreign exchange gains.Read more

Executive Summary Zenith Bank Plc delivered a resilient performance for the nine months ended September 30, 2025, despite a challenging macro-financial environment marked by elevated interest rates, volatile trading markets, and heightened credit risk pressures. The Group demonstrated strong balance sheet expansion, robust core banking income momentum, and disciplined funding structure management.Read more

Executive Summary Custodian Investment Plc delivered a robust financial performance for the nine months ended September 30, 2025, driven by strong revenue growth across insurance, investment, and dividend income streams. The Group’s diversified portfolio, disciplined expense management, and strategic asset allocation underpinned earnings resilience despite macroeconomic and FX pressures.Read more

STERLING FINANCIAL HOLDINGS PLC Q3 Result – Strong Earnings Momentum Fueled by Robust Interest Income and Trading Gains Amid Higher Operating Costs Executive Summary Sterling Financial Holdings Plc delivered a solid performance for the nine months ended September 30, 2025, reporting strong earnings growth driven by improved net interest income, higher fees and commissions, and significant trading and fair-value gains. The Group demonstrated resilience amid tighter macroeconomic liquidity conditions and high inflationary operating costs.Read more

Executive Summary Conoil Plc (“Conoil” or “the Company”) reported a challenging performance for the nine-month period ended September 30, 2025, reflecting significant earnings pressure driven by declining sales volumes, margin contraction, and elevated finance costs. Despite maintaining topline scale, heightened operating and funding costs materially weighed on profitability.Read more

Summary Ikeja Hotel Plc delivered a strong financial performance in the nine months ended September 2025, reflecting significant growth in revenue and profitability. Improved operating efficiency and robust finance income helped boost bottom-line earnings, positioning the Group for a solid FY2025 close.Read more