By InvestAdvocate Lagos (INVESTADVOCATE)-Fast Moving Consumer Goods (FMCG), Nestle Nigeria Plc on Wednesday said its pretax profit for the period ended December 31, 2015 rose 21 percent to N29.32 billion from N24.44 billion recorded a year ago. Similarly, profit after tax (PAT) grew seven (7) percent to N23.73 billion from […]
Tag: Revenue
Auditor-General Says NNPC Failed to Remit $16 Billion Revenue in 2014
By InvestAdvocate Lagos (INVESTADVOCATE)- Samuel Ukura, the auditor-general of the Federation said on Monday that the Nigerian National Petroleum Corporation (NNPC) failed to remit $16 billion (N3.2 trillion) in revenues to the federal government in 2014, according to a Reuters report. This is the same year Lamido Sanusi, the then […]
Champion Breweries Reports N210.2 Million Pretax Profit in 2015
By InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Champion Breweries Plc on Friday reported a N210.2 million pretax profit in the period ended December 31, 2015 compared to a loss of N1.072 billion recorded a year ago. Similarly, the brewer declared a profit after tax (PAT) N77.14 million compared to a loss of […]
