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[…]
Cadbury Nigeria Plc in the first half 2022 achieved significant growth in its turnover and profit after tax. The Unaudited Financial Statement of the Company for the period ended 30 June 2022 revealed 50.5% growth in turnover to N27.877 billion from N18.523 billion reported the previous year. Profit after tax of N2.342 billion was reported for the[…]