Guinness declares N265bn revenue, PAT up 53% to N25.3bn
By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]
Increased production costs top outlook for industry in 2015
“The combined austerity measures of the government and tighter monetary policy would put additional pressure on consumer prices. Therefore, we expect inflation rate to cross the double digit mark in the first half of 2015,”—Remi Bello.
Lagos slashes land transaction rates to 3% •As FG seeks property registration cost reduction
Lagos State government has slashed various rates applicable to land transactions in the state, effectively cutting down land use charges from 13 percent to 3 percent.
Nigerian airlines to spend less on aviation fuel in 2015
Aviation experts and stakeholders have projected a sharp decline in the price of aviation fuel, also known as JET A1. They opined that that 50 percent fall in price of crude oil will prompt a decline in the JETA1, which constitute 40 per cent of operating cost of airlines in the country.
iPhone turns eight years old
The iPhone also democratized the world of software development with the arrival of the iOS App Store, which has since paid out more than $25 billion to app-makers.
SON liberalizes laboratories for products testing
The Standard Organisation of Nigeria, SON, has called on investors in the private sector of the economy to build laboratories for products testing.
