Amidst Hardship Take A Look At The Top 11 Most Profitable Companies In Nigeria In First Half Of 2023

Amidst Hardship Take A Look At The Top 11 Most Profitable Companies In Nigeria In First Half Of 2023....KINDLY READ THE FULL STORY HERE▶

Written By Oshiobugie Omo-Ikirodah

In a nation grappling with economic challenges, certain companies have showcased resilience, innovation, and impressive financial dexterity. These corporations, some of which have been pillars of the Nigerian economy for decades, continue to post significant profits despite the prevailing adversities. CONTINUE READING

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Let’s delve into the top echelons of Nigeria’s corporate world. Here’s a glance at the Top 11 most profitable companies in Nigeria for the first half of 2023:

1. UBA (United Bank for Africa) – N403.647 billion (+370.73%)
2. Zenith Bank Plc – N350.360 billion (+169.50%)
3. GTCO – N327.398 billion (+217.09%)
4. Dangote Cement – N239.863 (-9.45%)
5. FBNH – N206.261 billion (+213.83%)
6. MTNN – N200.391 billion (-25.40%)
7. Access Holdings– N167.601 billion
8. ETI – N150.315 billion
9. FBN Holdings Plc – N157.9 billion
10. BUA Foods – N109.381 billion
11. Stanbic IBTC – N82.985 billion

These companies, across various sectors, have not only demonstrated financial strength but have also been pivotal in driving growth in their respective industries and the Nigerian economy at large.

Source: Bushradiogist