Business

Investors lose N20bn due to NGXGroup, Dangote, Nestle negative outing

The Nigerian equities market halted its previous positive outing to close on a negative note for the first time in…

3 years ago

NBS: Capital importation stands at $1.73bn in Q3, 2021

The total value of capital importation into Nigeria stood at $1.73 billion in the third quarter of 2021, from $875.62…

3 years ago

Buhari to NNPC Board: Focus on profitability, value creation

President Muhammadu Buhari has urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict…

3 years ago

Customs exceeds revenue target, rakes in N2.2trn

Nigeria Customs Service (NCS) generated the sum of N2,240,880,308,195.77 in 2021. The revenue generated surpassed the target of N1,678,715,016,014.00 set…

3 years ago

MAN kicks against N10 excise duty on soft drinks

The Manufacturers Association of Nigeria (MAN) says the introduction of excise duty on non-alcoholic beverages will cause a 0.43 per…

3 years ago

BUA Foods adds N720bn to market capitalization, lists 18bn shares

BUA Foods on Wednesday joined the league of listed companies on the Nigerian Exchange Ltd (NGX) with the listing of…

3 years ago

To tackle diabetes, obesity, FG introduces N10 excise duty on beverages

The Federal Government has introduced excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened beverages. The N10…

3 years ago

FIRS collects N6.4trn as taxes in 2021 – Nami

The Federal Inland Revenue Service (FIRS) collected about N6.4 trillion as taxes in 2021. Its Executive Chairman, Muhammad Nami, gave the figure…

3 years ago

FirstBank appoints Alebiosu, Adewuyi, Ebong as Executive Directors

The Board of Directors of First Bank of Nigeria has appointed three Executive Directors. The appointees are: Mr. Olusegun Alebiosu…

3 years ago

Buhari appoints Okadigbo’s widow as NNPC Board chair, drops Ararume

President Muhammadu Buhari has appointed the Board and Management of the Nigerian National Petroleum Company Limited. The appointment was made…

3 years ago

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