By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Ellah Lakes Plc operating in the Agricultural sector of the Nigerian Stock Exchange (NSE) Thursday reported a loss of N2.54 billion in its first quarter (Q) report for the period ended October 31, 2013. To record the loss, the firm posted a Profit after Tax […]
Tag: Revenue
Transcorp targets N289bn revenue in five years
Transnational Corporation of Nigeria Plc says it expects its revenue to rise from N18bn in 2013 to N289bn by 2018, following the progress in its business diversification and expansion plan. The Chief Executive Officer, Transcorp, Mr. Obinna Ufudo, said this on Monday when the company visited the Nigerian Stock Exchange […]
FG to spend 20% of revenue on debt servicing
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Monday expressed concerns over the increasing rate of the nation’s domestic debt, and stated that about 19.87 per cent of the country’s projected revenue for 2014 would be spent on debt servicing. Okonjo-Iweala, who was briefing the private sector on the performance […]
