October 9, 2025
UBA House

Nigeria’s corporate profit hit a record in 2024, even as inflationary pressure disrupts asset prices, impoverishes consumer wallets, and balloons input costs while the United States tariffs add to another layer of worries.

Of course, banks are the star performers as all sector players recorded improvement in earnings, benefitting from a higher interest environment that lifts the net interest income.

The consumer goods firms are the hardest hit from an unstable macroeconomic environment as the unification of the foreign exchange rate created huge foreign exchange revaluation losses that tipped bellwether over the edge.

Nigeria’s annual inflation rate rose for the first time since the data was rebased in January, advancing by 24.2% in March, compared with 23.2% a month earlier, according to data published by the National Bureau of Statistics (NBS).

Nigeria 10 year bond yield was 19.89 percent on Tuesday April 15, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Nigeria 10-Year Government Bond Yield reached an all-time high of 22.35 in January of 2025.

The U.S 14 percent tariff on Nigeria’s export which has been suspended for 90 days is expected to undermine manufacturers’ earnings, a double whammy for companies who are reeling from huge losses.

Here are the Nigeria firms with the highest annual profits in their sector. Data is based on the fiscal year ending on December 2024 across companies in the NGXASI index

Zenith Bank is the most profitable company in Nigeria. It crosses the N1trillion profit mark in 2022, it outpaces the profit leaders in the oil and gas combined. Furthermore, at the end of 2022, its net profit margin stood at nearly 25.94%.

Dangote Cement saw the highest profit in the building material sector. As the nation’s largest cement maker, it saw a 10.46 percent jump at the bottom line.

BUA Foods is the cream of the crop in the consumer goods space as it thrives even as peer rivals struggle. It saw its profit surged by 137.22 %, making it the best consumer goods stock.

Within the oil and gas sector, Aradel took the top spot with record profit of N247 billion. Profit surged by 361.10% as the company continues to expand its operations with a view to increasing share of the market.

1,665 thoughts on “Zenith, GTCO, UBA Top List of Most Profitable Firms in Nigeria”

  2. Can I simply say what a relief to discover a person that genuinely understands what they are discussing
    online. You certainly realize how to bring an issue to light
    and make it important. More people must read
    this and understand this side of your story.

    I was surprised you’re not more popular given that you definitely possess the
    gift.

    Reply

  3. اعلام نتایج نهایی انتخاب رشته آزمون سراسری، قابل توجه داوطلبان آزمون سراسری که به منظور اطلاع از اعلام نتایج نهایی انتخاب رشته آزمون سراسری در زمان مقرر، می‌توانید از طریق پایگاه اطلاع‌رسانی سازمان سنجش آموزش کشور اقدام فرمایید.

    Reply

  283. ¡Hola, fanáticos del riesgo !
    casinoonlinefueradeespanol con interfaz amigable – п»їп»їhttps://casinoonlinefueradeespanol.xyz/ casino por fuera
    ¡Que disfrutes de asombrosas tiradas afortunadas !

    Reply

  344. ¡Saludos, amantes de la emoción !
    casino fuera de EspaГ±a con servicio en castellano – п»їhttps://casinosonlinefueraespanol.xyz/ casinos online fuera de espaГ±a
    ¡Que disfrutes de oportunidades únicas !

    Reply

  377. ¡Bienvenidos, apostadores apasionados !
    Casino online fuera de EspaГ±a con soporte 24 horas – п»їhttps://casinofueraespanol.xyz/ casinos online fuera de espaГ±a
    ¡Que vivas increíbles jugadas magistrales !

    Reply

  394. ¡Saludos, fanáticos del azar !
    Casino online extranjero con crupier en directo – п»їhttps://casinoextranjerosdeespana.es/ mejores casinos online extranjeros
    ¡Que experimentes maravillosas premios excepcionales !

    Reply

  481. ¡Saludos, entusiastas de grandes logros !
    Casinos sin licencia en EspaГ±a: Вїvale la pena? – п»їemausong.es casinos sin licencia espaГ±ola
    ¡Que disfrutes de increíbles jugadas impresionantes !

    Reply

  518. F*ckin¦ remarkable issues here. I am very happy to see your post. Thank you a lot and i’m having a look ahead to contact you. Will you kindly drop me a mail?

    Reply

  760. ¿Saludos clientes del casino
    Casino europeo implementa modos de aprendizaje donde puedes ver simulaciones y tutoriales antes de jugar con dinero real. Esto ayuda a reducir errores de novato. casinos europeos Aprender antes de arriesgar es una buena idea.
    Casinosonlineeuropeos es una comunidad de jugadores donde se comparten reseГ±as reales y experiencias verificadas. En casinosonlineeuropeos puedes consultar quГ© plataformas estГЎn pagando mejor o cuГЎles tienen promociones vigentes. Esta fuente es Гєtil si buscas opiniones honestas sobre un casino online europeo.
    Mejores casinos con ruleta en vivo y blackjack europeo – п»їhttps://casinosonlineeuropeos.guru/
    ¡Que disfrutes de grandes jackpots!

    Reply

  952. ¡Saludos a todos los visitantes del casino !
    Casasdeapuestassindni ofrece plataformas rГЎpidas y seguras. Casa de apuestas sin dni elimina esperas innecesarias. casas de apuestas sin dni Casas de apuestas SIN registro dni permiten jugar de forma inmediata.
    Apuestas deportivas sin dni estГЎn disponibles sin registro. Muchas casas de apuestas sin verificaciГіn aceptan criptomonedas y tarjetas virtuales. Apostar SIN registrarse garantiza privacidad completa.
    Ranking de casas de apuestas sin verificaciГіn – п»їhttps://casasdeapuestassindni.guru/
    ¡Que goces de increíbles partidas !

    Reply

  990. Статья предлагает объективный обзор исследований, проведенных в данной области. Необходимая информация представлена четко и доступно, что позволяет читателю оценить все аспекты рассматриваемой проблемы.

    Reply

  1144. Я нашел эту статью чрезвычайно познавательной и вдохновляющей. Автор обладает уникальной способностью объединять различные идеи и концепции, что делает его работу по-настоящему ценной и полезной.

    Reply

  1182. Envio mis saludos a todos los maestros de las apuestas !
    El acceso rГЎpido y sin verificaciones es una gran ventaja de casinos fuera de espaГ±a. п»їcasino fuera de espaГ±a. En casino online fuera de espaГ±a los usuarios encuentran juegos Гєnicos que no aparecen en sitios regulados. Con casinos online fuera de espaГ±a puedes jugar en tragaperras exclusivas con RTP mГЎs alto.
    Los usuarios destacan que casino fuera de espaГ±a permite apuestas en vivo con menor latencia. Muchos jugadores buscan alternativas como casinosfueradeespana.blogspot.com para disfrutar de mГЎs libertad y bonos exclusivos. Las personas prefieren casino online fuera de espaГ±a porque ofrece soporte en espaГ±ol las 24 horas.
    casino fuera de EspaГ±a seguro y confiable – п»їhttps://casinosfueradeespana.blogspot.com/
    Que disfrutes de increibles botes!
    casinos fuera de espaГ±a

    Reply

  1214. hi!,I like your writing so so much! proportion we keep in touch more approximately your post on AOL? I require a specialist on this space to solve my problem. May be that’s you! Taking a look ahead to look you.

    Reply

  1234. Heya i am for the primary time here. I found this board and I to find It really helpful & it helped me out much. I’m hoping to present one thing back and help others like you helped me.

    Reply

  1293. Я ценю балансировку автора в описании проблемы. Он предлагает читателю достаточно аргументов и контекста для формирования собственного мнения, не внушая определенную точку зрения.

    Reply

  1295. Я хотел бы выразить признательность автору за его глубокое понимание темы и его способность представить информацию во всей ее полноте. Я по-настоящему насладился этой статьей и узнал много нового!

    Reply

  1325. Un afectuoso saludo para todos los ganadores de premios!
    Disfruta de la promoción 10 euros gratis por registrarte para empezar a jugar sin riesgos y con más emoción desde el inicio. 10 euros gratis sin depósito casino. Disfruta de la promoción casino 10 euros gratis para empezar a jugar sin riesgos y con más emoción desde el inicio. Disfruta de la promoción 10€ gratis por registro para empezar a jugar sin riesgos y con más emoción desde el inicio.
    Disfruta de la promoción 10 euros gratis sin deposito casino para empezar a jugar sin riesgos y con más emoción desde el inicio. Disfruta de la promoción 10 euros por registrarte para empezar a jugar sin riesgos y con más emoción desde el inicio. Disfruta de la promoción 10€ gratis casino para empezar a jugar sin riesgos y con más emoción desde el inicio.
    Aprovecha la oferta winzingo 10 euros gratis para nuevos jugadores – п»їhttps://10eurosgratissindepositocasinoes.xyz/
    Que tengas la fortuna de disfrutar de increibles beneficios !
    casino 10 euros gratis

    Reply

  1370. Я очень доволен, что прочитал эту статью. Она не только предоставила мне интересные факты, но и вызвала новые мысли и идеи. Очень вдохновляющая работа, которая оставляет след в моей памяти!

    Reply

  1397. Я впечатлен этой статьей! Она не только информативна, но и вдохновляющая. Мне понравился подход автора к обсуждению темы, и я узнал много нового. Огромное спасибо за такую интересную и полезную статью!

    Reply

  1466. Hi! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on. You have done a wonderful job!

    Reply

  1472. Today, I went to the beachfront with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!

    Reply

  1484. Can I simply just say what a relief to uncover someone who truly knows what they are talking about on the net. You certainly understand how to bring a problem to light and make it important. More people really need to check this out and understand this side of the story. I can’t believe you aren’t more popular since you most certainly possess the gift.

    Reply

  1499. Я ценю фактический и информативный характер этой статьи. Она предлагает читателю возможность рассмотреть различные аспекты рассматриваемой проблемы без внушения какого-либо определенного мнения.

    Reply

  1501. Its like you read my mind! You seem to know a lot about this, like you wrote the book in it or something. I think that you could do with a few pics to drive the message home a bit, but other than that, this is wonderful blog. An excellent read. I’ll definitely be back.

    Reply

  1515. Автор представляет разные точки зрения на проблему и оставляет читателю пространство для собственных размышлений.

    Reply

  1519. Автор старается оставаться нейтральным, чтобы читатели могли рассмотреть различные аспекты темы.

    Reply

  1535. Very good blog! Do you have any helpful hints for aspiring writers? I’m hoping to start my own blog soon but I’m a little lost on everything. Would you suggest starting with a free platform like WordPress or go for a paid option? There are so many choices out there that I’m totally overwhelmed .. Any tips? Thanks!

    Reply

  1545. Я ценю информативный подход этой статьи. Она предоставляет достаточно фактов и данных для лучшего понимания проблемы. Хотелось бы увидеть больше ссылок на исследования и источники информации.

    Reply

  1547. Мне понравился нейтральный подход автора, который не придерживается одного мнения.

    Reply

  1577. ?Warm greetings to all the jackpot hunters !
    secure anonymous gaming interfaces are being studied by researchers who examine user privacy practices. This research highlights usability and security trade-offs. Regulators and academics continue to monitor these developments.
    Technical reviews of identity-free gaming services analyze how identity data is minimized. These reviews prioritize transparency and security considerations. Stakeholders urge measured oversight rather than blanket assumptions.
    ПѓП„ОїО№П‡О·ОјО±П„О№ОєОµП‚ П‡П‰ПЃО№П‚ П„О±П…П„ОїПЂОїО№О·ПѓО· — consumer safety notes – п»їhttps://bettingwithoutidentification.xyz/#
    ?I wish you incredible spins !
    illegal betting companies

    Reply

  1578. Я бы хотел выразить свою благодарность автору этой статьи за его профессионализм и преданность точности. Он предоставил достоверные факты и аргументированные выводы, что делает эту статью надежным источником информации.

    Reply

  1587. Thank you a bunch for sharing this with all of us you actually know what you’re talking about! Bookmarked. Kindly also discuss with my website =). We will have a hyperlink trade arrangement between us

    Reply

  1591. This is really interesting, You are a very skilled blogger. I’ve joined your feed and look forward to seeking more of your great post. Also, I’ve shared your website in my social networks!

    Reply

  1602. Я хотел бы отметить глубину исследования, представленную в этой статье. Автор не только предоставил факты, но и провел анализ их влияния и последствий. Это действительно ценный и информативный материал!

    Reply

  1650. Автор старается сохранить нейтральность, чтобы читатели могли сформировать свое собственное понимание представленной информации.

    Reply

  1651. Hi, i think that i saw you visited my weblog so i came to “return the favor”.I am attempting to find things to improve my website!I suppose its ok to use a few of your ideas!!

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Big Season 10 Winner

BBNaija season 10 winner Imisi receives N150m grand prize, SUV

October 8, 2025 87
Tinubu

Tinubu’s Minister Nnaji resigns amid certificate forgery allegations

October 8, 2025 21