2023

FIRS generates N12.3trn in 2023

Federal Inland Revenue Service (FIRS) has witnessed unprecedented progress in revenue collection, culminating in a remarkable achievement of N12.3 trillion…

3 weeks ago

Zenith Bank’s assets hit N20.4trn, lender posts N795.9bn profit

Zenith Bank Plc has declared that its total assets increase to N20.368 trillion in the year 2023. The Company Secretary…

3 weeks ago

Nigeria’s public debt stock hits N97.34trn in Q4 2023

Nigeria’s public debt stock increased from N87.91 trillion ($114.35 billion) in the third quarter of 2023 to N97.34 trillion ($108.23…

1 month ago

Nigeria records N1.20trn VAT in Q4 2023

The National Bureau of Statistics (NBS) says the aggregate Value Added Tax (VAT) stood at N1.20 trillion in Q4 2023.…

2 months ago

Dangote Sugar records N441.5bn revenue, N97.9bn profit in 2023

Dangote Sugar Plc has recorded a nine per cent increase in its group revenue to N441.5 billion and a recurring…

2 months ago

‘Inflation, naira devaluation’: Lafarge records 4.7% loss in 2023

Lafarge Africa Plc says its Profit After Tax (PAT) for the 2023 financial year declined by 4.7 per cent. The…

2 months ago

BUA Cement declares N69.5bn profit in 2023

BUA Cement Plc has declared a net profit after tax of N69.5 billion for the full year 2023. BUA Cement…

2 months ago

Nigerian Breweries records N106bn loss in 2023

Nigerian Breweries Plc has recorded a net loss of N106 billion in 2023, as against N13.93 billion posted in its…

3 months ago

Cinemas gross N7bn in 2023 as Funke Akindele’s movie contributes over 14%

A new report has revealed that Nigerian cinemas grossed more than 7.2 billion naira in 2023 from over 2.6 million…

3 months ago

Chelsea lead as clubs spent record $9.63bn on 2023 transfers

A report published by FIFA on Tuesday, January 30, 2024, revealed that football clubs worldwide spent a record $9.63 billion…

3 months ago

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