Top 10:
1. Seplat posts N91.1b profit in 2023 first quarter
According to an Entrepreneurng report, seplat Energy Plc has disclosed that its gross profit soared to N91.1 b in the first quarter (Q1) 2023, from N48.8 billion same period last year, rising by 69 per cent… Read more
Source: https://guardian.ng/business-services/seplat-posts-n91-1b-profit-in-2023-first-quarter/
2. Schneider Electric cautions against fake products
Schneider Electric, as part of efforts to check substandard products, staged an anti-counterfeit sensitisation exercise among trade partners and end-users at the Arena Market and Brown Street in Oshodi, Lagos State… Read more
Source: https://guardian.ng/business-services/schneider-electric-cautions-against-fake-products/
3. Shipping firm slams $250 per TEU surcharge on Nigeria-bound cargoes
CMA CGM has announced an Overweight Surcharge (OWS) from Asia and India East Coast to Nigeria that takes effect from April 28, 2023… Read more
4. Isidore introduces all-in-one marketplace Jinja App for agric trading
To promote agricultural trade through e-market, Isidore Agriteck Limited has introduced a Jinja App, a one-stop shop to connect buyers and sellers of agro commodities… Read more
5. FG raises import tariff on rice, wheat, alcohol, others
The Federal Government has announced a review of the Import Adjustment Tax (IAT) as part of the implementation of Economic Community of West African States (ECOWAS) Common External Tariff (CET) 2022-2026, thereby raising tariffs on importation of rice, wheat, alcohol among 189 items… Read more
Source: https://guardian.ng/business-services/fg-raises-import-tariff-on-rice-wheat-alcohol-others/
6. MTN Subscribers Hit 76.7 Million In Nigeria
MTN Group has said that its largest operating unit, Nigeria added a net 1.1 million new subscribers, taking its total active user base to 76.7 million during the quarter ended March 2023… Read more
Source: https://guardian.ng/business-services/mtn-subscribers-hit-76-7-million-in-nigeria/
7. Axxela promises more investment to bridge Nigeria’s energy gap
Axxela Limited has assured of its commitment to continue to promote the use of clean and affordable energy source for the citizenry… Read more
Source: https://guardian.ng/business-services/axxela-promises-more-investment-to-bridge-nigerias-energy-gap/
8. Suntrust Bank declares N1.51bn PBT for 2022
Commercial bank, SunTrust Bank Nigeria Limited, has declared a Profit Before Tax of N1.51bn for the year ended December 31st 2022, representing a 195.6 per cent growth in the bank’s profit before tax compared to the 2021 figure, which was a loss of N1.58bn…Read more
Source: https://punchng.com/suntrust-bank-declares-n1-51bn-pbt-for-2022/
9. Estimated billing customers now six million
The total estimated customers stood at about 6 million in the third quarter of 2022, higher by 1.1 per cent from 5.85 million in the second quarter of 2021, the Nigerian Bureau of Statistics’ latest data has indicated… Read more
Source: https://punchng.com/estimated-billing-customers-now-six-million/
10. Unilever, Cadbury record N41bn revenue
Two fast-moving consumer goods manufacturers, Unilever Nigeria Plc and Cadbury Nigeria Plc, have reported N41bn in revenue in their unaudited financial statements for the first quarter that ended March 31, 2023… Read more
Source: https://punchng.com/unilever-cadbury-record-n41bn-revenue/
