Category: Business

Earnings from non-oil exporters fell by 37.8 per cent in the last quarter of 2019, the Central Bank of Nigeria…

Foreign investors are worried about the low level of government revenue in Nigeria and the implication for the country’s ability…

Stakeholders have faulted the government for setting revenue target of N1.5tn for the Nigeria Customs Service this year. They insisted…

Berger Paints Plc has revealed plans to enter into a strategic partnership with the Lagos State Government on infrastructural projects.…

Fish importation will stop in 2020, the Federal Government has assured. It said it would encourage local fish production to…

Nigerian Breweries has revealed plans to raise N45bn from its commercial paper issuance. The company announced the launch of Series…

Notwithstanding the closure of the land borders by the Federal Government, the Standards Organisation of Nigeria (SON), has said many…

Consolidated Hallmark Insurance Plc (CHI) has applied to raise about N1.057 billion from shareholders via a rights issue, as part…

Policemen and Nigeria Air Force personnel were on Tuesday drafted to the Murtala Muhammed International Airport ( MMIA ) Access…

The stocks of Dangote Cement Plc, Zenith Bank Plc, Nestle Plc, Nigerian Breweries Plc, and Seplat Plc are shares of…

Lottery and sports-betting companies operating in the country have defaulted in tax payment and other remittances to the federal government…

THE Association of Bureaux De Change Operators of Nigeria, ABCON, has its restated its commitment to capacity development and compliance…

The report further stated: “After seven years at the top, BI leaped from seventh to third this year and is number one in Africa and Tanzania; number two in Cameroon and South Africa and number four in Ghana. The trend for larger and more complex BI losses continues unabated. Causes are becoming ever more diverse, ranging from fire, explosion or natural catastrophes to digital supply chains and political violence.

The report stated: “At 28.3 index points, the overall confidence index (CI) indicated respondents’ optimism on the overall macro-economy in the month of January 2020. The business outlook for February 2020 showed greater confidence in the economy, with 61.4 index points.

The International Monetary Fund has lamented the poor roads, lack of single-window platform and absence of scanning machines for Customs operations at the seaports in Lagos.

The Federal Airports Authority of Nigeria on Monday took over the Murtala Muhammed International Airport Access Toll Gate from the…

HONEYWELL Flour Mills Plc has announced N58.2 billion revenue for the nine-month period ended December 31, 2019, representing six percent…

STOCK market investors and operators will from today pay more as transaction cost for shares traded on the Nigerian Stock…

Cadbury has published its UNAUDITED FY 2019 results announcing a 9.3% y/y increase in Revenue to N39.3bn in FY 2019…

On Thursday, Guinness Nigeria Plc released its H1 2020 financial report announcing 0.8% y/y increase in Revenue to N68.3bn in…