The House of Representatives said on Sunday that banks in the country evaded tax and engaged in other illegal conduct such as false declaration, violation of laws and “self exemption from existing rules.†The House noted that an ongoing investigation into tax collection and remittances by the banks had exposed […]
Author: InvestAdvocate
Consolidated Breweries sells 57% stake in Champion Breweries
Consolidated Breweries Plc has received the approval of its shareholders to sell off 57 per cent equity stake in Champion Breweries Plc. A statement by the company explained that the shareholders gave their approval during an Extraordinary General Meeting organised by Consolidated Breweries on Friday. The statement said that shareholders […]
GTbank, Transcorp, Zenith Emerge 3 Top Equities to Close Week
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (GTbank), Transnational Corporation of Nigeria Plc (Transcorp) and Zenith Bank Plc emerged the three (3) top traded equities on the Nigerian bourse to close the week. According to the NSE’s stock market report for the week ended August 23 2013, trading […]
