# Corporate Earnings

2 articles tagged

Nigerian Firms Face N2.1 Trillion Finance Costs in 2025 Amid High Borrowing Rates

A study reveals that over 20 major Nigerian companies, including MTN and Dangote Cement, incurred approximately N2.1 trillion in finance costs during 2025. This figure highlights the sustained pressure of high borrowing rates on corporate profitability.

Mar 22, 202611 min read

Business

Nestlé Nigeria Rebounds to Profitability After Two Years of Losses

Nestlé Nigeria has reported a return to annual profit for the fiscal year 2025, achieving a net profit of N105 billion. This marks a significant turnaround from the N164.6 billion loss recorded in the previous year, primarily attributed to a stable foreign currency exchange rate.

Feb 26, 20265 min read

Corporate Earnings Exchange Rate Financial Results