#financial results

FCMB Group Plc reported a profit of N177 billion and announced a dividend payout of N23 billion for the year 2025, indicating robust growth across its various business segments, according to Punch.

PZ Cussons reported a significant increase in its annual net profit, which rose by 298% to N49.1 billion. This surge was primarily attributed to a profit of N38.7 billion from the disposal of fixed assets, a stark contrast to the N6.5 million recorded in the previous year, according to Premium Times Business.

The Nigerian National Petroleum Company Limited (NNPCL) reported significant financial growth for April, with revenues reaching N4.97 trillion, an increase from N2.77 trillion in March. Profit after tax also rose to N481 billion, up from N276 billion the previous month. Despite these impressive figures, concerns about public dissatisfaction persist, highlighting a disconnect between corporate profits and the experiences of the populace, according to Daily Trust.