TotalEnergies Marketing Nigeria Plc expects its third-quarter profit to slump by more than 60 percent compared to the prior quarter, as higher financing costs and weaker top-line performance erode earnings.
Profit for the three months ending September 2025 is projected at N543 million, down from
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.