Welcome to the AllNews roundup of the 5 Latest Business News that made the round last week.
Access Bank Plc launches awareness campaigns aimed at sensitizing customers on measures they can take to protect themselves from e-banking fraud and more.
This is coming barely a week after notorious fraudster Zachary Yahaya popularly known as ‘His Excellency’ announced Access Bank as one of the weakest e-banking platforms. Read more here.
DSTV's parent company, MultiChoice, has been ordered by the Tax Appeal Tribunal (TAT) sitting in Lagos to pay back 50 percent (N900 billion) of the N1.8 trillion tax it allegedly owes the Federal Inland Revenue Service (FIRS).
The Director, Communications and Liaison Department of the FIRS, Abdullahi Ahmad, made this known in a statement in Abuja on Wednesday. Read more here.
According to the Nigerian Bureau of Statistics (NBS), Nigeria recorded its biggest increase in GDP since 2014 in the second quarter of 2021 with an upsurge of 5.01 percent.
This growth also marks three consecutive quarters of growth following the negative growth rates recorded in the second and third quarters of 2020. Read more here.
Breweries company, Guinness Nigeria Plc, has released its full-year audited financial statement for the year ended June 30, 2021, revealing a 110 percent increase in profit after tax.
The audited results which were released to the Nigerian Exchange Group (NGX) at the financial year-end indicated that revenue increased 54 percent to N160bn versus the prior period of 2020. Read more here.
The Central Bank of Nigeria has reported that the foreign exchange it supplied for the importation of food was as high as $1.04 billion in the first half of this year.
CBN's report on sectoral utilisation for transactions valid for forex showed that the amount spent on food imports this year was 23 percent higher than the $840.18 million in the first half of 2020. Read more here.
These are the latest Business news that made trends during the week. Visit our website https://allnews.ng for more Business news around the world.
|NORTHERN NIGERIA FLOUR MILLS PLC||7.20||7.90||9.72|
|COURTEVILLE BUSINESS SOLUTIONS PLC||0.42||0.46||9.52|
|VITAFOAM NIG PLC||21.05||22.20||5.46|
|FTN COCOA PROCESSORS PLC||0.37||0.39||5.41|
|SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC||720.10||755.10||4.86|