09
DecThe National Bureau of Statistics (NBS) has reported that amount realized from Company Income Tax (CIT) for Q3 2024 was N1.77 trillion, indicating a decline of 28.20% on a quarter-on-quarter basis from N2.47 trillion in Q2 2024. Local payments received were N920.91 billion, while Foreign CIT Payment contributed N852.29 billion in Q3 2024. On a quarter-on-quarter basis, […]
06
NovFlour Mills of Nigeria Plc has reported revenue of N1.697 trillion for the 6-month period ended 30 September 2024. This represents a growth of 75.97% from the N964.65 billion reported the previous year. Profit after tax for the 6-month period reached N14.42 billion, a significant improvement of 272% from the loss after tax of N8.38 billion reported[…]
04
NovDangote Sugar Refinery Plc has announced a substantial loss after tax of N184.36 billion for the nine-month period ending September 30, 2024. While the company’s revenue grew by 56.41% to N484.427 billion, a significant increase in finance costs (up 1561.8%) to N300.175 billion eroded profitability. As a result, the company’s earnings per share stood at a negative[…]
