Retained earnings are the cumulative profits that a business holds onto for operations after any dividends have been paid. Retained earnings refer to the portion of a company’s net income that ...

Revenue and retained earnings provide insights into a company’s financial performance. Revenue is a critical component of the income statement. It reveals the "top line" of the company or the ...

In the world of finance, understanding Retained Earnings is crucial for investors and business owners alike. This financial term holds the key to a company’s financial health and growth prospects.

Nascon Allied Industries Plc (NASCON) has delivered strong earnings growth in 2024, with revenue up 49% to N120.4 billion and ...

During the nine months ended January 31, 2025, the Company's net income of $16,735,000, or $1.78 per share, was 17.6% above net income of $14,232,000, or $1.51 per share, for the nine months ended ...

CBN gave banks two years to meet the requirement. However, analysts in the sector have criticized the exclusion of banks’ retained earnings. Reacting to the criticism, Mustafa said: “Section 9 ...

Plc has reported a net loss of N400.43 billion for the full year 2024, due to foreign exchange (FX) loss of N925.36 billion.

50% of the dividend paid out of retained earnings (subject to a 35% Swiss withholding tax) and the balance paid out of capital contribution reserves (not subject to Swiss withholding tax) 50% of the ...

Financial analysts have assessed MTN Nigeria’s (MTNN) latest financial performance, examining both the company’s revenue growth and the challenges it ...