Dangote Cement to pay N97bn in corporate tax for 2020

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Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the...

Plateau Govt. Denmark partner to revive JIB, BARC farms

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The Ambassador of Denmark to Nigeria, Jesper Kamp has expressed his country’s desire to work with the Plateau State Government towards reviving the Jos...

Dangote Cement records 34.20% increase in Q3 2020 revenues

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Dangote Cement Plc recorded a major boost in its sale of cement and clinker revenue-generating units, as total revenues increased. The company reported total revenues...

UACN Properties Plc reports sales slump, declining revenue

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UACN Property Development Company Plc recorded decreased revenues from its four revenue-generating units, as total revenues dipped. The company reported revenues of N458.26 million...

FG recovers N474m unremitted excise duty from Guinness

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Nigeria’s Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has said it recovered over N474m into the Federation Account from Guinness Nigeria Plc, as unremitted...

Dangote urges FG to embrace concrete roads

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Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin last weekend appealed to the Federal Government to embrace...

Heineken BV increases stakes in Nigerian Breweries Plc

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In a recent notification sent to the Nigerian Stock Exchange (NSE), the major shareholder of the largest brewer in Nigeria, Heineken Brouwerijen B.V, was...

Nestle International increases investment in Nigeria

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Nestle S.A, Switzerland, the parent company of Nestle Nigeria Plc and the majority shareholder of the company, has increased its stake in the Nigerian...

Dollar scarcity hampers loans refinance efforts by Guinness Nigeria

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Guinness Nigeria Plc, a leading Nigerian beer maker, is struggling with managing its $23 million debt. This is due to the lack of foreign...

BUA, Turkish firm to build 2400tpd flour mill

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BUA, on Friday, signed an agreement with Milleral of Turkey to build its newest flour milling plants in Nigeria with a total milling capacity...

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