FIRS closes-down more than 13 tax-owing firms in Umuahia

The Federal Inland Revenue Service (FIRS) at the weekend sealed off Mentors & Partners Limited in Umuahia, Abia State, over tax liabilities of N308.9million....

Wal-Mart pushes hard to catch up with Amazon in e-commerce

Wal-Mart Stores, the 800-pound gorilla of retail, is running hard to catch up in an increasingly crucial segment where it is neither the biggest...

La Casera wears a new look

Beverage makers, 'The La Casera Company Plc', has unveiled a new look for its premium brand, La Casera Apple Drink.The event, which took place...

FG forbid MDAs from transacting with unregistered bodies

Nigerian Government on Friday banned ministries, departments and agencies from transacting business with companies and other corporate bodies that are not duly registered by the...

Samsung Elec forms new division to manufacture chip

Tech giant Samsung Electronics Co Ltd said on Friday it has formed a new division within its semiconductor business for contract chip manufacturing as...

“33” Export Beer set to thrill consumers in Jos, Uyo, P’Harcourt

"33" Export Friendship Experience Parties is set to hit Port Harcourt, Jos and Uyo on Saturday, June 13 and Sunday, June 14, 2017 respectively."33"r...

Ajaokuta Steel Company will provide 500, 000 jobs

The first phase of Ajaokuta Steel Company will provide 500,000 upstream and downstream employment when it becomes operational.Mr Isah Onobere, the Sole Administrator of...

Oando cuts debt by 29%, record ₦1.7 billion profit in Q1

Oando Plc’s strategy of growth across its business operations has steadily paid off as it records ₦1.7 billion profit in Q1 2017.The company’s turnover...

BUA to injects ₦92 billion in sugar production and refining

BUA group, BUA Sugar Refinery Limited, Ibrahim Yaro, has said that the firm, which operates the second largest sugar refinery in Sub-Saharan Africa, will...

MTN Nigeria records 11.6% profit growth in Q1

Despite a 2.3 per cent decline in MTN Nigeria subscriber base, the company’s revenue has increased by 11.6 per cent in the first quarter...

Shell Q1 earnings more than double as energy prices rebound

Royal Dutch Shell says first-quarter earnings more than doubled as energy prices rebounded and the company benefited from a cost-cutting drive announced when oil...

Dangote Sugar targets N106 billion investment in 4 years

chairman of Dangote Sugar Refinery, DSR Plc, Alhaji Aliko Dangote, has said that the company will invest up to N106 billion in the next...

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