Tag: 2023
FIRS generates N12.3trn in 2023
Federal Inland Revenue Service (FIRS) has witnessed unprecedented progress in revenue collection, culminating in a remarkable achievement of N12.3 trillion in 2023.
The FIRS Chairman,...
Zenith Bank’s assets hit N20.4trn, lender posts N795.9bn profit
Zenith Bank Plc has declared that its total assets increase to N20.368 trillion in the year 2023.
The Company Secretary of Zenith Bank, Michael Otu,...
Nigeria’s public debt stock hits N97.34trn in Q4 2023
Nigeria’s public debt stock increased from N87.91 trillion ($114.35 billion) in the third quarter of 2023 to N97.34 trillion ($108.23 billion) in the fourth...
Nigeria records N1.20trn VAT in Q4 2023
The National Bureau of Statistics (NBS) says the aggregate Value Added Tax (VAT) stood at N1.20 trillion in Q4 2023.
The NBS disclosed this in...
Dangote Sugar records N441.5bn revenue, N97.9bn profit in 2023
Dangote Sugar Plc has recorded a nine per cent increase in its group revenue to N441.5 billion and a recurring profit after tax up...
‘Inflation, naira devaluation’: Lafarge records 4.7% loss in 2023
Lafarge Africa Plc says its Profit After Tax (PAT) for the 2023 financial year declined by 4.7 per cent.
The Chief Executive Officer of Lafarge...
BUA Cement declares N69.5bn profit in 2023
BUA Cement Plc has declared a net profit after tax of N69.5 billion for the full year 2023.
BUA Cement also recorded a revenue growth...
Nigerian Breweries records N106bn loss in 2023
Nigerian Breweries Plc has recorded a net loss of N106 billion in 2023, as against N13.93 billion posted in its 2022 financials, indicating 860...
Cinemas gross N7bn in 2023 as Funke Akindele’s movie contributes over...
A new report has revealed that Nigerian cinemas grossed more than 7.2 billion naira in 2023 from over 2.6 million admissions, with Nollywood averaging...
Chelsea lead as clubs spent record $9.63bn on 2023 transfers
A report published by FIFA on Tuesday, January 30, 2024, revealed that football clubs worldwide spent a record $9.63 billion (8.88 billion euros) on...
