Economy in Recovery: Tinubu’s Reforms Propel MTN, Dangote, BUA, Transcorp, Seplat, Others’ H1 Revenues to N14.4trn, N4.99trn Profits

*Zacch Adedeji: Fuel subsidy will be costing N53 trillion, exchange rate N3,500/$ without Tinubu’s reforms

*Tax collections hit N27.1trn in 8 months as tax-to-GDP rises to 13%

*Says petrol burden would have consumed 76% of 2026 budget

Emmanual Addeh and James Emejo in Abuja

Ten major quoted companies have recorded a combined N14.4 trillion revenue and N4.99 trillion profit before tax (PBT) in the first half of the year (HI 2026), reaping from the reforms initiated by President Bola Tinubu’s administration.According to an assessment by the Nigeria Revenue Service (NRS), the improved corporate performance increasingly reflected the impact of a more stable macroeconomic environment, improved market efficiency and stronger investor confidence.