Global Community

Executive Summary UPDC Plc delivered a strong performance for the nine months ended September 30, 2025, driven by higher revenue from property sales, finance income, and strategic operational initiatives. The Group’s diversified real estate portfolio and improved financing structure underpinned profitability despite rising administrative and selling costs.Read more

ACCESS HOLDINGS PLC Q3 Result – Sustained Earnings Growth Anchored by Strong Interest Income and Balance Sheet Expansion Amid Macroeconomic Pressures Executive Summary Access Holdings Plc (“Access Holdings” or “the Group”) delivered a resilient financial performance for the nine-month period ended September 30, 2025, characterized by solid revenue growth, strengthened balance sheet, and sustained earnings momentum from core banking and non-banking operations across its diversified African footprint. Gross earnings increased by 14.1% YoY to ₦3.9 trillion , driven primarily by robust interest income growth (+21.1% YoY) and a strong 44.3% rise in net fees and commissions , reflecting expanding customer activity and higher transaction volumes across digital and payment channels.Read more

Executive Summary Eterna Plc delivered a modest performance for the nine months ended September 30, 2025, amid softer revenue and ongoing cost pressures. The Group reported revenue of ₦212.84 billion , a decline of 9% YoY from ₦233.75 billion in 9M 2024, driven largely by lower sales volumes across key product lines.Read more

Executive Summary Dangote Cement Plc delivered a robust performance for the nine months ended 30 September 2025, achieving new revenue and profit milestones despite persistent cost inflation, foreign exchange challenges, and energy price volatility. The Group’s revenue rose 23% year-on-year (YoY) to ₦3.15 trillion (9M 2024: ₦2.56 trillion), reflecting sustained domestic demand, price adjustments, and resilient export volumes.Read more

Executive Summary Nascon Allied Industries Plc delivered a strong performance for the nine months ended 30 September 2025, sustaining substantial topline growth and improved profitability supported by higher volume demand and improved price-realization. Revenue surged 47% YoY to ₦117.35 billion , reflecting strong market traction for its consumer products, particularly in the salt and seasoning categories.Read more

NESTLÉ NIGERIA PLC Q3 Result – Strong Recovery Sustained as Profit Surges to ₦72.5 Billion, Underscoring Operational Excellence and Strategic Resilience Executive Summary Nestlé Nigeria Plc delivered a remarkable performance for the nine months ended 30 September 2025 , reflecting a solid recovery and sustained profitability following a challenging 2024. The Company recorded a profit after tax (PAT) of ₦72.48 billion , marking a significant turnaround from the ₦184.27 billion loss reported in the same period of 2024.Read more

Executive Summary United Bank for Africa Plc delivered a resilient performance for the nine months ended September 30, 2025, despite global macro headwinds, FX market volatility, and inflationary pressures across its operating jurisdictions. The Group sustained its earnings momentum on the back of robust interest income growth , improved asset yields, and disciplined risk management.Read more

Executive Summary International Breweries Plc delivered a remarkable turnaround in its financial performance for the nine months ended September 30, 2025, returning to profitability after consecutive loss-making periods. The brewer reported a Profit Before Tax (PBT) of ₦74.2 billion , compared to a loss before tax of ₦154.6 billion in the corresponding period of 2024, marking a dramatic improvement driven by stronger revenue growth, improved operational efficiency, and disciplined cost control.Read more

Executive Summary First HoldCo Plc delivered resilient performance for the nine months ended September 30, 2025, supported by solid earnings momentum across banking operations, strong net-interest income growth, and sustained fee-based income contribution. The Group demonstrated effective asset-liability management, improved credit cost discipline, and enhanced balance sheet strength despite FX market volatility and losses from discontinued operations.Read more