June 2022

Odu’a Investment declares N9.37bn Profit Before Tax

…Raises 2021 dividend  by 15% …Sets up ‘The Odu’a Investment Foundation’ Odu’a Investment Company Limited at its 40th Annual General Meeting on Wednesday declared N9.37billion Profit before Tax and raised dividend payable to shareholders by 15% for the year 2021.…

Food prices continue to increase – NBS

The National Bureau of Statistics (NBS), says prices of selected food items increased in May. It made the declaration in its Selected Food Prices Watch Report for May released in Abuja on Wednesday. It stated that the average price of…

Buhari nominates Shehu as RMAFC Chairman

President Muhammadu Buhari has nominated Malam Mohammed Shehu as the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). This is contained in a letter read by the Senate President, Dr Ahmad Lawan at plenary on Wednesday. “In accordance…

NRC generates N5.70bn from passengers in 2021

By Seun Ibiyemi The Nigerian Railway Corporation generated N5.70billion revenue from passengers in 2021, the National Bureau of Statistics (NBS) says. This is contained in the NBS Rail Transportation Data for 2021 released in Abuja on Wednesday. The report revealed…