22/4/2016/Guinness Nigeria Guinness Nigeria Plc today announced net revenue of ₦70bn for the 9 months period ended 31st March 2016. The company’s managing director/chief executive officer, Mr. Peter Ndegwa, observed, “Third quarter sales were impacted by a tough operating environment and the lapping of a very strong quarter in the previous […]
Tag: sales
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 […]
Facebook Fourth Quarter Revenue Up 63%
Facebook has announced that its fourth quarter revenue in 2013 jumped 63% thanks to a boost in mobile advertising sales. The California-based social networking company earned $523m (£316m), between October and December last year. That is up $64m (£39m) from the previous year. Shares were up 7% at $57.36 (£34.64) […]