BUA Foods’ after-tax profit in 2024 more than doubled its 2023 numbers, as it hit N274.9 billion, the group’s highest ever. According to the group’s unaudited financial statement for FY 2024, the group’s PAT was 145 percent higher than the N112.1 billion recorded in FY 2023. The group’s
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David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene. With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.

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