Business

Nigeria’s trade surplus rises 91% to  N7.55trn in Q1’26

By Progress Godfrey  Nigeria recorded a 91 per cent, year-on-year, YoY increase in trade surplus to N7.55 trillion in the first quarter of 2026, Q1’26 from N3.95 trillion in the same period of 2025, Q1’25,  driven by a sharp decline in imports and a modest rise in exports.   The National Bureau of Statistics (NBS) disclosed this yesterday in […]
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GlaxoSmithKline first quarter turnover up by 30%

The unaudited first quar ter result of GlaxoSmithKline Consumer Nigeria Plc (GlaxoSmith) for the period ended 31 March, 2009 showed that its turnover grew by 30.53% to N3.87bn, compared with N2.97billion in the corresponding period of 2008.

NASB, NERC Set to Standardise Electricity Accounting

AS part of efforts aimed at eas ing the transition of the electricity sector to a private sector initiative driven industry, the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Accounting Standards Board (NASB) have announced plans to evolve a new set of accounting standards for companies operating in the sector.

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