Billionaire TY Danjuma family's May and Baker posts 154% profit surge to $4.7 million
Billionaires Africa | 11.06.2026 02:25
May & Baker Nigeria Plc, the pharmaceutical manufacturer controlled by retired General Theophilus Yakubu Danjuma's family through a 41.78 percent controlling stake held via T.Y. Holdings and related interests, posted a 154 percent surge in pre-tax profit to N6.5 billion ($4.7 million) for the full year ended December 31, 2025, shareholders heard at the company's annual general meeting in Lagos on June 4.
