Nigerian Breweries Plc has announced a profit after tax (PAT) of N19.4 billion for the 2018 financial year. The company also made revenue of N324.4 billion during the year under The post Nigerian Breweries made N19.4bn profit in 2018 — all will go to shareholders appeared first on TheCable.
excise duty
FG To Increase VAT – Finance Minister
Nigerian Breweries records 22% profit decline, blames new excise duty
Labour, MAN, distillers reject 500% excise duty increase
Leke Baiyewu, Abuja Stakeholders in the manufacturing sector on Monday opposed the 500 per cent increase in excise duty being proposed by the Federal Government. The stakeholders, who include the Nigeria Labour Congress, Manufacturers Association of Nigeria, Distillers and Blenders Association of Nigeria, and Association of Food Beverage and Tobacco Employers of Nigeria, expressed their […] …
Excise duty: Manufacturers to raise alcoholic beverage prices by 15%
Anna Okon Following the implementation of a new excise duty regime on alcoholic beverages and tobacco products from Monday, June 1, 2018 by the Minister of Finance, Mrs. Kemi Adeosun, sales of the affected products have already slowed down as the manufacturers work on a new pricing structure. Our correspondent gathered that the increase in […] …
Alcohol manufacturers reject 500% excise duty hike
FG approves new Excise Duty rates for alcoholic beverages, tobacco
New excise duty rates for alcoholic, tobacco takes effect
IN accordance with the notice by Minister of Finance, Mrs Kemi Adeosun in March, new excise duty rates for alcoholic beverages and tobacco takes effect from Monday, 4th June 2018. In a statement from Adeosun’s […]
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Nigerians to pay more for cigarettes, alcohol from Monday
Nigerians to pay more for alcohol, cigarette as from Monday
The new excise duty for alcoholic beverages and tobacco earlier approved by President Muhammadu Buhari will take effect from Monday, June 4, 2018, says the Federal Government. The News Agency of Nigeria recalls on Sunday that the Minister of Finance, Mrs. Kemi Adeosun, in March announced that the President had granted a grace period of 90 […] …