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 […]
FIRS generated N4tr tax revenue in 2017
The Federal Inland Revenue Service, FIRS, said it generated N4 trillion from tax revenue collected in 2017. This represents 20 percent or N800 billion increase when compared with N3.3 trillion generated in 2016. The Executive Director, FIRS, Mr. Tunde Fowler disclosed this during a courtesy visit to the Oba of Lagos yesterday.
Global solar investment up by 18% to $160.8bn in 2017- Report
World clean energy investment totalled $333.5bn last year, up three per cent from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5tn, a new Bloomberg Energy Finance report has stated.
CBN injects $210m as naira depreciates to N360.67/$ in I&E
The naira, Monday, depreciated by 57 kobo to close at N360.67 per dollar in the Investors’ and Exporters’ (I&E) window, even as the Central Bank of Nigeria (CBN) injected $210 million into the foreign exchange market.
Kanu, AMCON tango over ex-Eagles captain’s hotel
ASSET Man-agement Corp-oration of Nigeria, AMCON, has called on Nigerians to disregard any claim on Hardley Apartments Hotel by former Super Eagles captain, Nwankwo Kanu, as the case has not been decided by the law court.
IMF projects 2.1% economic growth for Nigeria
The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow by 2.1 percent in 2018.
