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Cadbury Nigeria Plc recorded losses in 2023 and 2024 despite a 265% growth rate in revenue from 2020 to 2024
Key takeaways:
Revenue grew impressively from ₦27.8 billion in 2015 to ₦129.2 billion in 2024, a 364% increase.
The company recorded profitable...

In 2024, Transcorp Hotels Plc's revenue and profit grew by 69% and 138%, respectively, from a period of significant losses in 2020
Key takeaways:
Revenue grew by 402% over a decade, from ₦14 billion in 2015 to ₦70 billion in 2024.
The company witnessed...

Oando Plc achieved a revenue increase of 412% between 2021 and 2024, while profits declined by 181% from 2022 to 2024, despite a positive profit after tax in 2024
Key takeaways:
Despite a profit after tax record of ₦65.5 billion in 2024, Oando Plc recorded a negative growth rate from...

Okomu Oil Palm Company experienced a revenue increase of 73%, with profits rising by 62% in 2024 compared to the prior year
Key Takeaways:
Okomu Oil Palm Company's revenue expanded by 1,236%, from ₦9.74 billion in 2015 to ₦130.06 billion in 2024.
Profit after...

In 2024, Dangote Sugar Refinery experienced a year-on-year revenue growth of 51%
Key Takeaways:
Dangote Sugar Refinery saw impressive growth rates of 68% in 2016 and 51% in 2024, marking periods of considerable...

Seplat Energy's revenue surged by 137%, with profits increasing by 163% in 2024 compared to 2023
Key takeaways:
Seplat’s revenue steadily increased from ₦112.97 billion in 2015 to ₦1.65 trillion in 2024.
The difference between revenue and profit...

From 2011 to 2022, the highest total revenue recorded by the Nigerian government was in 2011, reaching 17.73%
Key Takeaways:
Nigeria's total revenue decreased from 17.73% of GDP in 2011 to 9.09% in 2022.
The lowest point for the country’s...

Libya recorded the highest revenue-to-GDP ratio among African countries in 2022 with 85.78%
Key takeaways:
Libya's total revenue (85.78% of GDP) significantly surpassed all other African states.
Lesotho is noteworthy with the second-highest total revenue...

From 2011 to 2022, the highest total revenue recorded by the Nigerian government was in 2011, reaching 17.73%
Key Takeaways:
Nigeria's total revenue decreased from 17.73% of GDP in 2011 to 9.09% in 2022.
The lowest point for the country’s...

YouTube's revenue from adverts surged by more than 400% from 2017 to 2024.
- YouTube generated $7B in ad revenue in 2017, which jumped to $11B in 2018, an approximate 57% increase in...

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