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Tax swallows N1.13 trillion from Aradel, Seplat half-year profits

Aradel Holdings and Seplat Energy generated a combined pre-tax profit of N1.54 trillion in the first half of 2026. However, N1.13 trillion, or 73%, was absorbed by total income tax

Idika AjaAugust 6, 20261 min read
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Aradel Holdings and Seplat Energy generated a combined pre-tax profit of N1.54 trillion in the first half of 2026. However, N1.13 trillion, or 73%, was absorbed by total income tax expenses.

The post Tax swallows N1.13 trillion from Aradel, Seplat half-year profits appeared first on Nairametrics.

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