Guinness Nigeria Plc has declared a final dividend of N7.14 to its shareholders for the year ended 30 June 2022. A turnover of N206.82 billion was reported for the 12 months period, up by 28.93% from N160.42 billion reported the previous year. Profit after tax grew year on year by 1146.8% to N15.65 billion from N1.26 billion […]
The President of Manufacturers Association of Nigeria (MAN), Mansur Ahmed has called on the Federal Government to remove the 7.5% Value Added Tax on diesel. He said the removal of VAT on diesel should be pending the normalisation of the international supply system as well as resolve the complexity surrounding the seamless implementation of the eligible customer[…]
It was yet another bearish session onthe floor of the Nigerian equities market as the All Share Index declined further by 1.04% to close at 49,667.14 points against the previous close of 50,188.55 points on Wednesday. The market capitalisation closed at N26.783 trillion, down by 1.04% from N27.065 trillion recorded in the last session. Aggregate volume at[…]