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PRE-TAX PROFITS

Aradel Holdings Plc has reported a profit before tax of N321.6 billion for the year ended December 31, 2024, representing a 187% year-over-year (YoY) growth from the previous year.  
Ikeja Hotel Plc has reported a profit before tax of N5.290 billion for the year ended 31 December 2024.
Oando Plc has released its unaudited financial result for the first half of the year recording a pre-tax loss of N281.03 billion.  
Wema Bank released its third-quarter results, showing that pre-tax profits rose to N30.050 billion, compared to N10.059 billion recorded in the corresponding quarter of 2023.  
GTCO Plc released its third-quarter results, showing that pre-tax profits rose to N215.69 billion, compared to N105.8 billion recorded in the corresponding quarter of 2023.
Amidst the policy shift in 2023, Stanbic IBTC has demonstrated notable growth. Gross earnings surged by 62% in 2023, driven by increases in both interest and non-interest income.